My conveyancer has identified a defect with the lease for the property we are buying in Nine Elms. The seller’s lawyers have offered defective title insurance as a solution. We are content with insurance and will cover the costs. Our conveyancing practitioner says that he must be satisfied that the mortgage company is willing to move forward with this solution. Are we the client or is the lender?

The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the lender are the client. Your solicitor must comply with the UK Finance Lenders’ Handbook conditions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the bank can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your property lawyer will have no choice but to discontinue acting for you.

How do I find out if the solicitor handling my conveyancing in Nine Elms is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Birmingham Midshires thus paying £187.00 plus VAT in another set of legal charges.

Feel free to make use of the find a conveyancing panel solicitor tool on this web page. Please choose the lender and type ‘Nine Elms’ or your preferred area and you will discover numerous solicitors based in Nine Elms or nearest you.

I have been on the look out for a ground for flat up to £305k and found one near me in Nine Elms I like with amenity areas and station in the vicinity, however it only has 51 years on the lease. There is not much else in Nine Elms suitable, so just wondered if I would be making a grave error buying a lease with such few years left?

Should you require a home loan that many years will be problematic. Discount the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of twenty four months you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.

Is there anything unique about your site and other online quote calculators for conveyancing in Nine Elms?

At this site obtain a conveyancing quote via a Solicitor or Licensed Conveyancer that understands the issues of your conveyancing in Nine Elms. As opposed to estate agents and many comparison sites we do not operate kick-back arrangements with solicitors. Some agents and online brokers 'recommend' solicitors who pay the most kickback, as opposed to the best value conveyancing in Nine Elms

Are Nine Elms conveyancing solicitors under an obligation to the Law Society to publish transparent conveyancing costs?

Inbuilt into the Solicitors Code of Conduct are set rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their fees to clients.The Law Society have a practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not intended as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, nevertheless, represent the Law Society’s view of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Nine Elms or across England and Wales.