Me and my husband are purchasing property in Hampstead Garden Suburb. My lawyer is not listed on the bank approved panel. Can I still use my Hampstead Garden Suburb conveyancing solicitor notwithstanding that they are excluded from the lender panel of approved conveyancing solicitors?
Various options include
- Carry on with your existing Hampstead Garden Suburb conveyancing practitioner but your mortgage company will no doubt use a solicitor on their approved list. The net result is additional fees together with likely frustration.
- Get a new property lawyer to conduct the conveyancing, obviously checking they are on the lender conveyancing panel.
- Convince your solicitor to attempt to join the lender panel
We see that you have a search directory listing firms on the HSBC conveyancing panel. Do firms pay you a commission if I retain them for our conveyancing in Hampstead Garden Suburb?
We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Hampstead Garden Suburb.
What is the difference between a licensed conveyancer and conveyancing solicitor in Hampstead Garden Suburb
There are many registered licenced Conveyancers in Hampstead Garden Suburb and Solicitor firms in Hampstead Garden Suburb to choose from We would stress that the two are supervised by regulatory bodies with both specialising in the legal work in the home buying process. The two can conduct other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
I am buying a property in Hampstead Garden Suburb. A rare aspect is that the roof has a solar panel. Clydesdale have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Clydesdale your lawyer must check the formal requirements contained in Section two of UK Finance Lenders’ Handbook for Clydesdale. The Council of Mortgage Lenders’ Handbook includes minimum requirements for solar panel roof-space leases, and conveyancers are required to report to Clydesdale where a lease fails to satisfy these provisions. The provisions relate to the installation of panels on properties countrywide and is not isolated to Hampstead Garden Suburb.
I am currently in the process of buying my council flat in Hampstead Garden Suburb. I have a mortgage offer with Co-operative. Conveyancing is new to me. 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 Co-operative, you will need to appoint a solicitor on the Co-operative conveyancing panel.
Due to the encouragement of my in-laws I had a survey completed on a house in Hampstead Garden Suburb ahead of appointing solicitors. I have been told that there is a flying freehold element to the property. Our surveyor has said that some mortgage companies may refuse to grant a mortgage on this type of property.
It depends who your proposed lender is. Bank of Scotland has different instructions from Birmingham Midshires. Should you wish to telephone us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Hampstead Garden Suburb. Conveyancing will be smoother if you use a solicitor in Hampstead Garden Suburb especially if they are accustomed to such properties in Hampstead Garden Suburb.
Back In 2004, I bought a leasehold flat in Hampstead Garden Suburb. Conveyancing and Birmingham Midshires mortgage went though with no issue. I have received a letter from someone saying they have taken over the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1995. The conveyancing solicitor in Hampstead Garden Suburb who acted for me is not around. Any advice?
The first thing you should do is contact the Land Registry to be sure that this person is indeed the registered owner of the freehold reversion. There is no need to instruct a Hampstead Garden Suburb conveyancing solicitor to do this as you can do this on the Land Registry website for less than a fiver. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I am the leaseholder of a ground flat in Hampstead Garden Suburb. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the amount payable for a lease extension?
You certainly can. We can put you in touch with a Hampstead Garden Suburb conveyancing firm who can help.
An example of a Lease Extension case for a Hampstead Garden Suburb property is FFF, 37 and Garage 1, Queensborough Court North Circular Road in September 2012. The Tribunal determined that the premium for the lease extension should be £67,037 This case affected 1 flat. The number of years remaining on the existing lease(s) was 23.66 years.
When it comes to my conveyancing in Hampstead Garden Suburb should I be charged VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Hampstead Garden Suburb conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the property lawyer's time in submitting the funds this way.