The Berkhamsted conveyancing firm handling our Berkhamsted conveyancing has discovered an inconsistency between the information in the valuation report and what is revealed within the legal papers for the property. My lawyer has advised that he must check that the bank is happy with this discrepancy and is still content to lend. Is my lawyer’s course or action correct?
Your lawyer must comply with the UK Finance Lenders’ Handbook conditions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
Is it correct that all Berkhamsted CQS (Conveyancing Quality Scheme) solicitors are on the HSBC conveyancing list of approved solicitors?
It is true that some banks and building societies now use the accreditation scheme as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of conveyancing solicitors.
I am purchasing a property in Berkhamsted. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender UBS be concerned?
Given that your lender is UBS your lawyer must follow the conveyancing instructions contained in Section 2 of UK Finance Lenders’ Handbook for UBS. The Council of Mortgage Lenders’ Handbook contains minimum conditions for solar panel roof-space leases, and property lawyers are required to report to UBS where a lease does not comply with these requirements. The provisions relate to the installation of panels on properties countrywide and is not restricted to Berkhamsted.
I have decided to exercise my right to buy my property in Berkhamsted off the council. I have a mortgage offer with RBS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with RBS, you will need to appoint a solicitor on the RBS conveyancing panel.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Berkhamsted?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Berkhamsted. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am buying a new build apartment in Berkhamsted. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Berkhamsted
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Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply a car parking plan. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
Taking into account that I am about to spend £400,000 on 3 bedroom house in Berkhamsted I wish to talk to a conveyancer concerning thehouse move in advance of instructing the firm. Is this something that you can arrange?
Absolutely - we would be delighted to talk to you we do not take any clients on without you speaking to the conveyancer due to be doing your conveyancing in Berkhamsted.There is no ‘factory style conveyancing’ - each client is an important person, not a matter number. The solicitors that we put you in touch with believe that the fees you are quoted for residential conveyancing in Berkhamsted should be the figure that you are charged.
Planning to complete next month on a studio apartment in Berkhamsted. Conveyancing solicitors inform me that they will have a report out to me on Monday. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Berkhamsted should include some of the following:
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What the implications are if you are in breach of your lease terms? You should know if the lease permits you to change or improve aspects of the premises- you must know whether any restrictions applies to all alterations or just structural alteration, and whether licences for alterations is mandated necessary The physical extent of the demise. This could be the flat itself but might incorporate a attic or storage are if applicable. The unexpired lease term. You should receive guidance as what happens when the lease ends, and informed of the importance of not letting the lease term falling below eighty years
Leasehold Conveyancing in Berkhamsted - Examples of Queries Prior to buying
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Is the freehold owned jointly by the leaseholders? How many of the leaseholders are in arrears for their service charge payments? Who are the managing agents?