My mortgage broker says he needs my Tooting Bec solicitor’s panel reference for the Nat West conveyancing panel. How do I find this out. I have contacted my local Tooting Bec office but they don't know it.
The sensible thing to do is ask for this information from your Tooting Bec lawyer . They should have a central record lender panel numbers.
My wife and I are purchasing a newly built duplex in Tooting Bec and my solicitor is advising me that she has to the mortgage company to disclose incentives from the builder. I am on a tight deadline to sign contracts and I have no desire to delay deal. Is my lawyer right?
You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We are purchasing a flat and need a conveyancing solicitor in Tooting Bec who is on the Leeds Building Society approved panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Leeds Building Society . We don't recommend any particular firms conducting conveyancing in Tooting Bec.
My step-father has recommend that I appoint his conveyancing solicitors in Tooting Bec. Should I use them?
There are no two ways about it the best way to select a conveyancing solicitor is to seek feedback from friends or relatives who have previously instructed the firm you're contemplating using.
Last June I purchased a leasehold property in Tooting Bec. Am I liable to pay service charges relating to a period prior to completion of my purchase?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I own a second floor flat in Tooting Bec. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the sum due for a lease extension?
in cases where there is a absentee landlord or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to arrive at the premium.
An example of a Lease Extension case for a Tooting Bec premises is 14 Nutwell Street in January 2014. The premium payable for the acquisition of a new lease of the subject premises was in the sum of £30,523 This case related to 1 flat. The number of years remaining on the existing lease(s) was 62.94 years.