I plan on acquiring a flat in Harrold. My Conveyancer is not listed on the bank conveyancing list. Am I still permitted to retain my Harrold conveyancing solicitor even though they are excluded from the bank approved list?
One must appoint a solicitor to complete the legal work required when you require a loan to buy your property. The conveyancer will conduct all the essential legal checks on the property, make sure that you will be registered as proprietor and ensure that all the necessary mortgage paperwork is in place. One can instruct a Harrold conveyancer of your choice. However, where the lawyer selected is not a member of the bank conveyancing panel additional costs will be levied as separate legal representation will be need by the bank. Lender panel applications may be submitted, so where your lawyer has not previously sought membership they should do so.
I have todaybeen informed that Action Conveyancing have closed. They carried out my conveyancing in Harrold for a purchase of a freehold house 9 months ago. How can I be sure that the property is not still registered in the name of the former proprietor?
The easiest way to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Harrold conveyancing specialists.
Due to the advice of my in-laws I had a survey completed on a house in Harrold prior to retaining solicitors. I have been informed that there is a flying freehold element to the property. Our surveyor has said that some lenders will not give a loan on this type of home.
It depends who your proposed lender is. Santander has different instructions from Halifax. Should you wish to telephone us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Harrold. Conveyancing may be slightly more expensive based on your lender's requirements.
In my capacity as executor for the will of my father I am disposing of a house in Swansea but I am based in Harrold. My conveyancer (approximately 200 miles from merequires that I execute a stat dec before the transaction finalising. Could you suggest a conveyancing solicitor in Harrold to attest this legal document for me?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are Harrold based
I own a leasehold flat in Harrold. Conveyancing and Barclays Direct mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1992. The conveyancing practitioner in Harrold who acted for me is not around. Do I pay?
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. It is not necessary to incur the fees of a Harrold conveyancing practitioner to do this as it can be done on-line for £3. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Harrold Conveyancing for Leasehold Flats - A selection of Questions you should ask Prior to buying
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Does the lease contain onerous restrictions? You should be aware that where the lease has less than 80 years it will affect the value of the property. Check with your bank that they are happy with residual term of the lease. Leases with less than 80 years remaining means that you will probably require a lease extension sooner rather than later and it is worth discovering how much this would cost. For most Harroldlease extensions you would be required to have owned the property for a couple of years in order to be entitled to exercise a lease extension.
New build sellers have put forward a conveyancer and I've received an estimate from them. They are almost two hundred pounds less expensive than my preferred Harrold conveyancer. What's the catch?
Builders often have lists of property lawyers who are quick and who know the seller’s documentation and conveyancing practitioner. Plenty of developers offer an incentive to select their approved solicitor for this reason, any increased cost can be avoided and a builder won't put forward a conveyancing factory and run the risk of having the transaction stall when they want exchange in 28 days. A counter-argument for not opting for the suggested property lawyer is that they may prove reluctant to 'push' your interests for fear of upsetting the housebuilder. Where you have concerns that this may be the case you should keep with your local Harrold conveyancer.