The Hampstead conveyancing firm handling our Hampstead conveyancing has uncovered a difference when comparing the information in the home valuation survey and what is in the title deeds. My lawyer has advised that he is duty bound to check that the bank is OK with this discrepancy and is content to go ahead. Is my solicitor’s course or action correct?
Your solicitor must comply with the UK Finance Lenders’ Handbook requirements 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 you.
I am helping my mother sell her house in Hampstead. Will the conveyancing solicitor arrange the EPC or should I organise this?
After the abolition of Home Packs, EPC’s was kept a required element of selling a property. An energy performance certificate must be commissioned in advance of the property being put on the market. It is not a task that lawyers ordinarily arrange. If you are using a Hampstead conveyancing practitioner they might be willing to arrange energy assessments given their contacts with reputable Hampstead providers
Does a directory service exist listing Yorkshire BS panel conveyancers in Hampstead on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association sites. Very few banks make their panel listings viewable over the internet. If you are seeking to appoint a Hampstead lawyer on the Yorkshire BS please use our tool.
Can I be sure that the Hampstead conveyancing solicitor on the Virgin Money panel is any good?
When it comes to conveyancing in Hampstead getting recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the lawyer handling your transaction.
Do I need to take out insurance to protect me from financial exposure to chancel repairs when acquiring a house in Hampstead?
Unless a previous purchase of the property completed after 12 October 2013 you can expect lawyers conducting conveyancing in Hampstead to continue to suggest a chancel search and or chancel repair liability insurance.
Me and my brother purchased a 4 bedroom Georgian property in Hampstead. Conveyancing lawyer acted for me and Leeds Building Society. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold under the exact same address. I thought I was buying a freehold how can I check?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Hampstead and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with the conveyancing solicitor who conducted the purchase.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and found one near me in Hampstead I like with amenity areas and transport links nearby, however it's only got 51 years unexpired on the lease. There is not much else in Hampstead for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a mortgage the remaining unexpired lease term will likely be problematic. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least twenty four months you could ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this matter.
Can a conveyancer remove a name from the title of my home in Hampstead ?
Removing or adding someone to the title of your home is relatively straightforward. You’ll need to appoint a solicitor to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a property lawyer