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Ready to buy a new home in Battersea? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Battersea transaction at risk of delay or failure.

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Recently asked questions about conveyancing in Battersea

We are nearing an exchange on a flat in Battersea and my parents have sent the 10% deposit to my conveyancer. I am now advised that as the deposit has been sent from someone other than me my conveyancer needs to make a notification to my mortgage company. I am advised that, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I advised the mortgage company concerning my parents' contribution when I applied for the mortgage, so is it really necessary for this now to be an issue?

Your property lawyer is legally required to clarify with the bank to make sure that they know that the balance of the purchase price is not from your own funds. Your solicitor can only disclose this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.

Just acquired a terraced house in Battersea , how long will it take for the Land Registry to deal with the formalities evidencing my proprietorship? My Battersea conveyancing solicitor works at snail pace, so I want to be sure that my name is recorded.

There is nothing unique about conveyancing in Battersea registration formalities. Rather than based on location, timeframes can vary depending on the party submitting the application, whether it is in order and if the Land registry have to notify any third parties. Currently approximately three quarters of such applications are fully dealt with in less than three weeks but some can be subject to longer hold-ups. Registration is effected after the new owner has moved in to the premises thus post completion formalities is not usually top priority yet if there is a degree of urgency associated with the registration then you or your lawyers must communicate with the Registry to express the reasoning for the application to be prioritised.

I am buying my first flat in Battersea with a loan from Skipton Building Society. The builders refused to move on the amount so I negotiated 6k of extras instead. The sale representative advised me not to tell my solicitor about this deal as it will adversely affect my mortgage with the bank. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I am selling my property. My previous conveyancers have shut. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Battersea if that makes a difference.

You should use our search tool to help you find a solicitor for your conveyancing in Battersea. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.

What advice can you give us when it comes to choosing a Battersea conveyancing practice to carry out our lease extension conveyancing?

If you are instructing a conveyancer for your lease extension (regardless if they are a Battersea conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We suggest that you talk with several firms including non Battersea conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be of use:

    Can they put you in touch with clients in Battersea who can give a testimonial? How familiar is the firm with lease extension legislation?

I am the registered owner of a second floor flat in Battersea. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the premium due for a lease extension?

Where there is a absentee freeholder or where there is disagreement about what the lease extension should cost, under the relevant statutes you can apply to the First-tier Tribunal (Property Chamber) to make a decision on the price.

An example of a Lease Extension matter before the tribunal for a Battersea residence is 150A Albert Palace Mansions Lurline Gardens in July 2013. The Tribunal determined that the premium payable for the new lease of the subject property was £42,069 This case related to 1 flat. The unexpired term as at the valuation date was 57.06 years.

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