Our solicitor has discovered a a legal deficiency with the lease for the property we are buying in Thames View. The seller’s lawyers have put forward defective title insurance as a workaround. We are happy with insurance and will pay for it. Our 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 bank?

The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the lender are the client. Your must comply with the UK Finance Lenders’ Handbook specifications. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the mortgage company 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 will have no choice but to discontinue acting for you.

Can your site be used to recommend a Conveyancing solicitor in Thames View even where I’m not buying or disposing of a house, for instance where I wish to buy a shop in Thames View with a loan from ?

Our search tool is predominantly used to get a quote from domestic conveyancing solicitors in Thames View but we have listed at the bottom of this page a selection of Thames View commercial conveyancing firms. You will need to speak with the company directly to see if they are also authorised to represent

I have justdiscovered that Action Conveyancing have closed. They conducted my conveyancing in Thames View for a purchase of a leasehold flat 9 months ago. How can I establish that my home is registered correctly in the name of the previous owner?

The quickest method to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Thames View conveyancing specialists.

I was recommended by a few selling agents in Thames View to find a solicitor using your seach tool. What’s the financial advantage for Estate Agents to promote your services over another?

We refuse to give any referral fee for directing people in our direction. We thought it would be too underhand a fee as a client could think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.

Thames View Leasehold Conveyancing - Examples of Queries Prior to Purchasing

Where a Thames View lease has less than 80 years it will affect the value of the flat. It is worth checking with your bank that they are willing to go ahead with the loan given the lease term. A short lease means that you will probably require a lease extension sooner rather than later and it is worth finding out what this will be. Remember, in most cases you will be be obliged to have owned the property for two years before you are eligible to exercise a lease extension. Most Thames View leasehold flats will be liable to pay a service charge for maintenance of the building levied on behalf of the freeholder. Where you buy the flat you will have to pay this contribution, normally periodically accross the year. This could be anything from two or three hundred pounds to thousands of pounds for blocks with lifts and large common areas. In all likelihood there will be a ground rent for you to pay yearly, this is usually not a exorbitant sum, say around £25-£75 but you need to enquire it because occasionally it could be surprisingly expensive.