My wife and I have recently acquired a property in Hambleton. We have since encountered a number of problems with the property which we consider were omitted in the conveyancing searches. Do we have any recourse? What searches should? have been conducted for conveyancing in Hambleton?
It is not clear from the question as to the nature of the problems and if they are specific to conveyancing in Hambleton. Conveyancing searches and due diligence initiated as part of the legal transfer of property are carried out to help avoid problems. As part of the legal transfer of property, the vendor answers a form known as a Seller’s Property Information Form. If the information proves to be misleading, then you may have a claim against the seller for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Hambleton.
We're in Hambleton, First time buyers purchasing with a mortgage (lender is Yorkshire BS , and our solicitor is on the Yorkshire BS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Yorkshire BS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I have today made my last payment due on my mortgage with HSBC. I assume I don't need a Hambleton property lawyer on the HSBC panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your HSBC mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the HSBC mortgage from the register. HSBC, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where HSBC has sent the Land Registry the discharge electronically, and
- HSBC has instructed the Land Registry to do so
The mortgage over my property is with Lloyds for my property in Hambleton. Conveyancing has been completed a year ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Lloyds?
You must advise Lloyds before letting out your property as this is likely to be a breach of Lloyds’s mortgage conditions. It may be that Lloyds will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Lloyds directly. It should not be necessary to do this via a Lloyds conveyancing panel solicitor.
Bank of Ireland have agreed my home loan in principle, my offer on a property in Hambleton has been agreed to, what are the next steps?
The property agent will wish to know who your solicitors are (ensure that the solicitors are on the bank’s panel). Contact Bank of Ireland or the financial adviser and complete any outstanding paperwork. Bank of Ireland will appoint a valuer who will get in contact with the estate agent or owners to book a time for the valuation to happen. Once carried out (assuming no problems) it takes about a fortnight to get a mortgage offer. Bank of Ireland will issue the offer to you and your lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Hambleton.
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what should have been a quick, chain free conveyancing. Hambleton is the location of the property. What do you suggest?
Flying freeholds in Hambleton are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Hambleton you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hambleton may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
We are 18 days into a leasehold purchase having been recommend to solicitors by the estate agent to do our conveyancing in Hambleton. We are not happy. Could you you assist me in finding new conveyancers?
A conveyancer would need to be really bad in order to consider diss instructing them. Has your mortgage offer been issued? In the event that it has you must inform them of the replacement lawyer and get the loan are issued to the new lawyers. The conveyancer needs to be on the mortgage company panel to avoid escalating expenses and frustration. That should be your starting point. Our search tool will assist you in finding a lender approved conveyancer for your home move in Hambleton
Are there any apps to help search for a Hambleton conveyancing solicitor on the mortgage company conveyancing panel? I have a car and am prepared to travel up to twentymiles to attend the lawyer.
Feel free to make use of the find a conveyancing panel search on this website. Please choose the lender and your location, in this case Hambleton and you will see a number of lawyer located nearest Hambleton. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the lender solicitor panel.