My IFA says he needs my Waterloo law firm’s panel member for the Lloyds conveyancing panel. What is the best way to discover this. I have tried my local Waterloo office but they have not responded to me.

Have you tried speaking to your Waterloo property lawyer about this?. They retain a central record lender panel numbers.

At what point does exchange of contracts occur in residential conveyancing in Waterloo and do I need to be at the conveyancers office?

If you are near to our conveyancing solicitors in Waterloo you are welcome to attend to sign the paperwork. However, the lender approved solicitors we recommend provide a national conveyancing service and give just as comprehensive and professional a job for you when dealing with you electronically. The executing of the property agreement is not the important part. A signed contract simply enables the firm to officially exchange when the time is right, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Waterloo)to be in the office at the appropriate time.

We're in Waterloo, First timers purchasing with a mortgage (lender is TSB , and our solicitor is on the TSB conveyancing panel). How long should the conveyancing process take?

The fact that your lawyer is on the TSB conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.

Despite weeks of looking the Title Certificate and documents to my home are lost. The solicitors who conducted the conveyancing in Waterloo 4 years ago have long since closed. What are my options?

As long as the title is registered the details of your proprietorship will be documented by HMLR under a Title Number. It is easy to perform a search at the Land Registry, find your house and get up to date copies of the property title for a small fee. Where the title is Leasehold then the Land Registry will usually hold a certified duplicate of the Registered Lease and again, a copy can be obtained for twenty pounds.

Last August I purchased a leasehold house in Waterloo. 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 owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part 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).

Waterloo Leasehold Conveyancing - Examples of Queries Prior to Purchasing

Make sure you enquire if there is anything that is prohibited in the lease. For instance plenty of leases prohibit pets being permitted in in a block in Waterloo. If you love the propertyin Waterloo yet your dog can’t make the move with you then you will be presented with a hard compromise. What is the the remaining lease term?