I plan on acquiring residence in Chessington. My Solicitor has never been on on the lender solicitor panel. Am I still permitted to appoint my Chessington conveyancing solicitor even though they are not on the mortgage company approved list?
One must have a property lawyer to complete the legal work required when you require a loan to buy your property. The conveyancer will carry out all the appropriate legal checks on the property, ensuring that you will be properly registered as the owner and ensure that all the necessary mortgage paperwork is dealt with. You can appoint a Chessington conveyancing practitioner of your choosing. However, where the conveyancer appointed is not a member of the bank solicitor panel additional fees will be incurred as separate legal representation will be need by the mortgage company. Conveyancing panel applications can be submitted, so where your lawyer has not in the past applied for membership they can do so.
The Chessington conveyancing firm handling our Chessington conveyancing has uncovered a discrepancy when comparing the information in the valuation report and what is revealed within the title deeds. My solicitor informs me that he is duty bound to ensure that the lender is OK with this discrepancy and is content to go ahead. Is my lawyer’s course or action correct?
Your property lawyer must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
My relative advised me that if I am purchasing in Chessington I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually included in the estimate for your Chessington conveyancing searches. It is a large report of about 40 pages, listing and setting out important information about Chessington around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Chessington Education with plans and statistics, Local Amenities and other useful information about Chessington.
I am downsizing from my home. My past solicitors has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Chessington if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Chessington. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
I am attracted to a two flats in Chessington which have in the region of fifty years remaining on the leases. Do I need to be concerned?
A lease is a right to use the premises for a prescribed time frame. As a lease shortens the saleability of the lease deteriorates and it becomes more costly to acquire a lease extension. For this reason it is generally wise to extend the lease term. More often than not it is difficulties arise selling premises with a short lease because mortgage companies may be reluctant to lend money on properties of this type. Lease extension can be a difficult process. We advise that you seek professional assistance from a solicitor and surveyor with experience in this arena.
Following months of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Chessington. Can we issue an application to the Residential Property Tribunal Service?
if there is a missing landlord or if there is disagreement about what the lease extension should cost, under the relevant statutes you can apply to the Leasehold Valuation Tribunal to make a decision on the sum to be paid.
An example of a Lease Extension case for a Chessington premises is Flat D 15 Claremont Gardens in September 2013. TheTribunal determined in accordance with section48 and Schedule13 of the Leasehold Reform,Housing and Urban Development Act 1993 that the premium for the extended lease should be fourteen thousand one hundred and eighty seven pounds (£14,187.00) This case related to 1 flat.