My IFA has asked me for my Worcester Park law firm’s panel reference for the Nat West conveyancing panel. Can you suggest how I obtain this. I have tried my local Worcester Park branch but they have not responded to me.

The sensible thing to do is ask for this information from your Worcester Park conveyancer . Most Worcester Park law practices will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each lender.

My partner and I are purchasing our first property. Our conveyancing practitioner has e-mailedto enquire if we wish to purchase supplemental conveyancing searches. We are really unsure what's necessary for conveyancing in Worcester Park

The type of Worcester Park conveyancing searches depends entirely on the property, the location, the probability of any of these risks, your knowledge of the locality and risks, your overall appetite to risk. What matters is that you properly appreciate what information the searches could provide. Then you can decide if you consider that you need that search. Where you are unclear, ask your property lawyer to advise.

Can you explain why leasehold purchase conveyancing in Worcester Park is more expensive?

The conveyancing costs on a leasehold premises in Worcester Park is inevitably more expensive than on a freehold property. This is because there is an amount of extra investigations necessary in communicating with the landlord and managing agents to collate the evidence concerning whether the rent and service charges have been paid and whether there are any significant expenditure in the foreseeable future on repairs or maintenance of the block.

My home in Worcester Park is up for sale and I have a buyer. Will the property lawyer need to be on the HSBC conveyancing panel in order to deal with paying off my mortgage?

Ordinarily, even if your lawyer is not on the HSBC conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently in recent years.

I have just appointed agents to market my 2 bed flat in Worcester Park. Conveyancing lawyers have not yet been instructed, however I have recently received a quarterly service charge invoice – should I leave it to the buyer to sort out?

The sensible thing to do is discharge the maintenance contribution as normal because all rents and maintenance invoices will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

I am the proprietor of a first floor flat in Worcester Park. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the premium payable for a lease extension?

if there is a missing freeholder or if there is disagreement about the premium for a lease extension, under the relevant legislation you can apply to the LVT to make a decision on the amount due.

An example of a Lease Extension decision for a Worcester Park premises is 33 The Maisonettes Alberta Avenue in June 2014. the Tribunal decided that the premium payable for the grant of a new lease be the sum of £20,680 (Twenty Thousand six hundred and eighty pounds). This case affected 1 flat. The remaining number of years on the lease was 60.43 years.