Completed the sale of my flat in Hampton Hill last June yet the purchaser is telephoning daily to say her lawyer is waiting to hear from mine. What should have happened now that I have sold?
Following your disposal your lawyer should send the transfer documentation and all additional paperwork to the purchaser's solicitors. Depending on the transaction, your lawyer must also send confirmation that the mortgage has been paid off to the buyers solicitors. There are no post completion steps specific conveyancing in Hampton Hill.
I have been referred to a conveyancing solicitor in Hampton Hill. I I am struggling to find out if they are on the Leeds Building Society conveyancing panel. Can you advise?
The first thing you should do is call the conveyancer and enquire whether they are on the lender panel. Alternatively you can get in touch with Leeds Building Society who may be able to help.
Forgive me if this question is silly but I am unexperienced as FTB of a two bedroom flat in Hampton Hill. Do I pick up the keys to the property on completion from my conveyancer? If this is the case, I will use a High Street conveyancing solicitor in Hampton Hill?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the completion advance to the owner’s lawyers, and shortly after the monies have arrived, you should be able to receive the keys from the selling Agents and start moving into the property. This tends to happen early afternoon.
Can you point me to a directory of Coventry BS panel conveyancers in Hampton Hill on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such directory service on the Council of Mortgage Lenders or Building Society Association websites. Very few mortgage companies make their panel listings visible over the internet. If you are seeking to appoint a Hampton Hill solicitor on the Coventry BS please use our tool.
About to purchase house in Hampton Hill. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Bank of Ireland conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Hampton Hill property lawyer is on the Bank of Ireland conveyancing panel.
I've recently found out that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a simple, no chain conveyancing. Hampton Hill is where the house is located. What do you suggest?
Flying freeholds in Hampton Hill are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Hampton Hill you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hampton Hill may ascertain 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 property.
In what way does the Landlord & Tenant Act 1954 impact my business offices in Hampton Hill and how can your lawyers assist?
The particular law that you refer to gives security of tenure to commercial lessees, giving them the right to apply to court for a continuation of occupancy at the end of an expired lease. There are certain specified grounds where a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing firms who use the act for protection and assist with commercial conveyancing in Hampton Hill
I am tempted by the attractive purchase price for a two flats in Hampton Hill which have about forty five years left on the lease term. Will this present a problem?
A lease is a right to use the property for a period of time. As the lease shortens the saleability of the lease deteriorates and it becomes more costly to acquire a lease extension. This is why it is generally wise to increase the term of the lease. More often than not it is difficult to sell a property with a short lease as mortgage lenders less inclined to grant a loan on properties of this type. Lease enfranchisement can be a difficult process. We advise that you seek professional help from a conveyancer and surveyor with experience in this field.
I am the leaseholder of a second floor flat in Hampton Hill. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the sum due for the purchase of the freehold?
Where there is a missing landlord or where there is disagreement about the premium for a lease extension, under the relevant statutes you can apply to the LVT to arrive at the sum to be paid.
An example of a Lease Extension decision for a Hampton Hill flat is Ground Floor Flat 91 Bath Road in May 2009. in a case where the freeholder could not be traced, the Brentford County Court ordered that the Lease be surrendered in return for the grant of a new lease of the Premises at a premium determined by the Leasehold Valuation Tribunal. The tribunal concluded that the price payable by the Applicant for the new lease of the premises be £15,900 This case was in relation to 1 flat. The unexpired term was 60.45 years.