What is a Service Charge Retention?

If you are selling a leasehold property, you may be asked by your buyer via their solicitors as to whether you are willing to have your solicitor hold an amount of money in their client account on completion for a period of time. Management companies produce an estimate of how much the service charges at… Continue reading What is a Service Charge Retention?

Solicitors on the Northern Line …

Solicitors on the Northern Line – Borough High Street Please click here for our up to date details. Please call us on 0207 183 0084 or email us on property@olaleslie.com for a fixed fee conveyancing quotation and to ask us about any reservations or queries that you may have; we are always happy to assist.… Continue reading Solicitors on the Northern Line …

Solicitors on the Jubliee Line, London

Solicitors on the Jubilee Line – We have moved to Borough High Street! Please click here for our up to date details. Please call us on 0207 183 0084 or email us on property@olaleslie.com for a fixed fee conveyancing quotation and to ask us about any reservations or queries that you may have; we are… Continue reading Solicitors on the Jubliee Line, London

Deed of Consent Independent Legal Advice …

When obtaining a mortgage, the owner of a property (the person named on the mortgage) will be asked by his lender if there will be any people who will be residing at the property on completion who won’t be named on the mortgage. </p style=”text-align: justify;”> If this is the case, the lender will ask… Continue reading Deed of Consent Independent Legal Advice …

Independent Legal Advice Solicitors in London …

HSBC have a mortgage product called an “indirect mortgage” whereby two (or more) people will be named on the legal title however one person will only be named on the mortgage. As a result, HSBC will require the person who is not being named on the mortgage to obtain independent legal advice by a solicitor… Continue reading Independent Legal Advice Solicitors in London …

Solicitors on the Kensington Mortgages panel …

Kensington Mortgages – Panel Solicitors A lot of mortgage lenders changed the structure of their panels of solicitors over the last four years so that only firms who are Conveyancing Quality Accredited may act for them on residential conveyancing transactions. Ola Leslie Solicitors have been CQS accredited since February 2011 which was when the scheme… Continue reading Solicitors on the Kensington Mortgages panel …

Power of Attorney Solicitors in London …

Important changes to the Lasting Power of Attorney (LPA) July 2015 LPAs are legal documents which permit an applicant to appoint someone who they know and trust to make decisions about their health and welfare or about their financial affairs. Applicants may wish to grant a power of attorney to someone if they fear that… Continue reading Power of Attorney Solicitors in London …

CQS Accredited Solicitors in London …

Why do mortgage lenders require firms of solicitors to be Conveyancing Quality Scheme Accredited? Holding CQS accreditation is now a core requirement for mortgage lenders when looking to appoint firms of solicitors onto their panels. Many law firms were removed from lenders’ panels as they were unable to comply with CQS standards and therefore could… Continue reading CQS Accredited Solicitors in London …

Bank faces Will battle – the Law Society Gazette, 13th July 2015

Bank faces Will battle – the Law Society Gazette, 13th July 2015 A woman who claims Barclays’ will-writing service cost her hundreds of thousands of pounds is taking the bank to the High Court after the Financial Ombudsman Service ruled her claim fell outside the scope of regulators. Tinuola Aregbesola alleges the bank’s £90.00 will-writing… Continue reading Bank faces Will battle – the Law Society Gazette, 13th July 2015

Make a Will Online ?

Why you should not make a Will online or use an unqualified “Will Writer” It is so important to have a current valid will as it will dictate as to how your assets and your estate generally will be distributed as per your wishes. Your estate will not automatically pass to your spouse or your… Continue reading Make a Will Online ?