Is the fact that my solicitor in Mitcham is not listed on my bank's solicitor panel that there is a problem with the quality of his conveyancing?

It would be unwise to jump to that conclusion. There are all sorts of perfectly plausible explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the Mitcham conveyancing practice and enquire why they are no longer on the approved list for your mortgage company.

At what point will exchange of contracts happen for sale conveyancing in Mitcham and do I need to be at the solicitors branch?

Where you are round the corner to our conveyancing solicitors in Mitcham you are welcome to attend to sign the paperwork. However, the firms we work with supply a countrywide conveyancing service and provide as equally diligent and professional a job for you when communicating with you digitally. The signing of the property agreement is not when everything is set in stone. A signed contract is just a prerequisite for the solicitor to address the formalities at the appropriate time, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Mitcham)to be in the office available at the end of the phone to exchange contracts.

Are there any apps to help locate a Mitcham law firm on the Lloyds TSB Bank conveyancing panel? I have a car and am prepared to travel upto 20kilometers to meet the conveyancer.

You can use the search on this website. Please pick a mortgage company and your location and you will see a number of Mitcham conveyancing lawyers based on proximity. We have detailed some Mitcham conveyancing firms at the bottom of this page and you can call them to check whether they are on the Lloyds TSB Bank approved list

My father has recommend that I appoint his lawyers for conveyancing in Mitcham. Do I follow his recommendation?

There are no two ways about it the ideal way to find a conveyancing solicitor is to have feedback from friends or family who have used the conveyancer you're considering.

I am tempted by the attractive purchase price for a couple of apartments in Mitcham which have in the region of fifty years left on the lease term. Should I regard a short lease as a deal breaker?

There are plenty of short leases in Mitcham. The lease is a legal document that entitles you to use the premises for a prescribed time frame. As the lease gets shorter the value of the lease reduces and results in it becoming more costly to acquire a lease extension. This is why it is advisable to extend the lease term. It is often difficult to sell a property with a short lease because mortgage companies less inclined to grant a loan on such properties. Lease enfranchisement can be a difficult process. We advise that you get professional assistance from a solicitor and surveyor with experience in this field.

I have attempted and failed to negotiate with my landlord for a lease extension without any joy. Can I apply to the Leasehold Valuation Tribunal? Can you recommend a Mitcham conveyancing firm to represent me?

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

An example of a Freehold Enfranchisement matter before the tribunal for a Mitcham premises is 50 & 52 Southcroft Road in September 2013. The tribunals own valuation determined that the premium payable should be £29,000 This case was in relation to 2 flats. The unexpired term was 86.11 and 60.64.