My fiance and I are intent on buying residence in Hartlebury. My Solicitor has never been on on the mortgage company conveyancing panel. Am I still permitted to retain my Hartlebury conveyancing solicitor notwithstanding that they are excluded from the mortgage company list of approved lawyers?
You have a number of choices available to you here
- Proceed with your existing Hartlebury conveyancer but your bank will need to instruct a solicitor from their approved list. The net result is additional charges together with probable delay.
- Choose a new property lawyer to act in the purchase, ensuring that they are on the lender conveyancing panel.
- Convince your conveyancer to seek to join the mortgage company panel
I completed on my home on 1 January and the transaction details is not yet on the land registry website. Should I be concerned? My conveyancing solicitor in Hartlebury said it would be formalised in less than a month. Are transfers in Hartlebury particularly slow to register?
There is nothing unique about conveyancing in Hartlebury registration formalities. As opposed to being determined by geographic area, timeframes can adjust subject to who lodges the application, whether it is in order and if the Land registry have to notify any other parties. At present approximately three quarters of submission are completed within two weeks but occasionally there can be extensive delays. Historically registration is effected once the new owner is living at the property so 'speed' is not usually primary concern but where it is urgent that the the registration takes place urgently then you or your solicitor must communicate with the Registry to express the reasoning for the application to be prioritised.
I have been on the look out for a leasehold apartment up to £235,500 and identified one near me in Hartlebury I like with a park and railway links in the vicinity, however it's only got 51 years unexpired on the lease. I can't really find anything else in Hartlebury for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you need a mortgage the remaining unexpired lease term will likely be an issue. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of 2 years you may 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 speak to your conveyancing lawyer regarding this matter.
In what way does the Landlord & Tenant Act 1954 impact my business premises in Hartlebury and how can you help?
The particular law that you refer to provides security of tenure to commercial lessees, giving them the legal entitlement to make a request to court for a continuation of occupancy when the lease reaches an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and assist with commercial conveyancing in Hartlebury
I need to find a conveyancing solicitor for some conveyancing in Hartlebury. I have land on a web site which appears to be the ideal offering If it is possible to get all this stuff completed via phone that would be preferable. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am on look out for some leasehold conveyancing in Hartlebury. Before I get started I require certainty as to the unexpired term of the lease.
Assuming the lease is recorded at the land registry - and 99.9% are in Hartlebury - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Leasehold Conveyancing in Hartlebury - A selection of Queries before Purchasing
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Its a good idea to discover as much as you can about the managing agents as they will affect your use and enjoyment of the property. As the owner of a leasehold property you are frequently at the mercy of the managing agents from a financial perspective and when it comes to every day issues such as the upkeep of the common parts. Ask other tenants whether they are happy with them. On a final note, find out the dates that the maintenance charges are due to the relevant party and precisely how they are spending that money. Be sure to discover if there is anything that is prohibited in the lease. For instance it is very common in Hartlebury leases that pets are not permitted in in a block in Hartlebury. If you love the apartmentin Hartlebury but your cat is not allowed to make the move with you then you will be faced hard determination. Best to be warned whether redecorating or some other major work is anticipated that will be shared by the tenants and may well materially increase the the service charges or require a one off invoice.