My wife and I are intending to acquire a 1 bedroom apartment in Monken Hadley with a mortgage. We have a Monken Hadley conveyancer, but the mortgage company advise she’s not on their "panel". We have to appoint one of the bank panel conveyancing practices or continue with our Monken Hadley conveyancing practitioner and pay for one of their panel firms to represent them. We regard this is inequitable; is there anything we can do?
Unfortunately,no. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Monken Hadley conveyancing lawyer to apply to be on the conveyancing panel.
We are looking to buy a house and need a conveyancing solicitor in Monken Hadley who is on the HSBC solicitor panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for HSBC . We don't recommend any particular firms conducting conveyancing in Monken Hadley.
I have been told that property searches are the main reason for delay in Monken Hadley house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) released conclusions of a review by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of delays in the conveyancing process. Local searches are not likely to be the root cause of delay in conveyancing in Monken Hadley.
In what way does the Landlord & Tenant Act 1954 impact my business premises in Monken Hadley and how can your lawyers assist?
The 1954 Act affords security of tenure to commercial lessees, giving them the right to apply to court for a continuation of occupancy at the end of an expired lease. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing practices who use the act for protection and handle your commercial conveyancing in Monken Hadley
I own a leasehold flat in Monken Hadley. Conveyancing and Aldermore mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1993. The conveyancing solicitor in Monken Hadley who acted for me is not around. What should I do?
The first thing you should do is contact the Land Registry to be sure that the individual purporting to own the freehold is in fact the new freeholder. It is not necessary to incur the fees of a Monken Hadley conveyancing lawyer to do this as it can be done on-line for less than a fiver. You should note that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I am the proprietor of a ground-floor 1960’s flat in Monken Hadley. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the sum due for the purchase of the freehold?
Most certainly. We can put you in touch with a Monken Hadley conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Monken Hadley flat is Flat 2 2 Netherfield Road in April 2010. The Tribunale held that premium payable for a 90 year extension to the existing Lease should be £7,705. This case affected 1 flat. The number of years remaining on the existing lease(s) was 76 years.