My mortgage broker says he needs my Hatton solicitor’s panel member for the Nationwide conveyancing panel. How do I find this out. I have e-mailed my local Hatton branch but they cant find it on their system.
Have you tried contacting your Hatton property lawyer about this?. They maintain a central record lender panel numbers.
My stepmother pointed out to me me that in buying a property in Hatton there may be various restrictions affecting the ability to carry out external changes to the property. Is this right?
There are a number of properties in Hatton which have some sort of restriction or requirement of consent to external variations. Part of the conveyancing in Hatton should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We previously selected solicitors locally in Hatton on the Nationwide solicitor approved list. They have just billed me a separate fee for the legal aspects of the Nationwide mortgage. Is this an additional conveyancing fee set by Nationwide?
Provided it is contained in their Terms of Engagement or Quote then yes your property lawyer may levy a fee for this. The fee is not dictated by Nationwide but by your Hatton solicitor. Plenty of firms on the Nationwide panel will charge an ‘acting for lender’ fee but plenty of firms incorporate it on their overall fee.
About to purchase house in Hatton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Kent Reliance 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 Hatton conveyancer is on the Kent Reliance conveyancing panel.
I used Arc property Solicitors a few years past for my conveyancing in Hatton. I now require my file but the law firm has closed. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Hatton of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I decided to have a survey completed on a house in Hatton before appointing solicitors. I have been told that there is a flying freehold element to the house. Our surveyor advised that some mortgage companies may refuse to issue a loan on such a home.
It depends who your proposed lender is. Santander has different requirements from Birmingham Midshires. If you call us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Hatton. Conveyancing may be slightly more expensive based on your lender's requirements.
Is it best to choose a Hatton conveyancing solicitor in close proximity to the house I am purchasing? An old friend can deal with the legal formalities but his firm is located approximately 350kilometers away.
The benefit of a high street Hatton conveyancing firm is that you can visit the firm to execute paperwork, present your ID and apply pressure on them if necessary. Having local Hatton know how is a plus. However nothing is more important than finding someone that will pull out all the stops for you. If if people you trust used your friend and in the main were impressed that must surpass using an unknown Hatton conveyancing solicitor just because they are local.
Do you have any advice for leasehold conveyancing in Hatton with the purpose of expediting the sale process?
- Much of the delay in leasehold conveyancing in Hatton can be bypassed if you get in touch lawyers the minute you market your property and ask them to put together the leasehold information which will be required by the buyers’ solicitors. Some Hatton leases require Landlord’s consent to the sale and approval of the buyers. If this is the case, it would be prudent to notify your estate agents to make sure that the purchasers obtain financial (bank) and professional references. The bank reference should make it clear that the buyer is able to meet the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their solicitors. You may think that you are aware of the number of years left on your lease but it would be advisable double-check by asking your solicitors. A buyer’s conveyancer will not be happy to advise their client to proceed with the purchase of a leasehold property the lease term is less than 80 years. It is therefore important at an early stage that you identify whether the lease term requires a lease extension. If it does, contact your solicitors before you put your premises on the market for sale. If there is a history of conflict with your landlord or managing agents it is very important that these are settled prior to the flat being put on the market. The purchasers and their solicitors will be reluctant to purchase a flat where there is an ongoing dispute. You may need to swallow your pride and discharge any arrears of service charge or resolve the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the purchasers, but it is clearly preferable to present the dispute as over rather than unsettled.
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Hatton conveyancing firm to assist?
in cases where there is a absentee freeholder or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to calculate the price.
An example of a Lease Extension case for a Hatton flat is 147 Redford Close in June 2012. The Tribunal determined the lease extension premium to be at £4,200 This case related to 1 flat. The number of years remaining on the existing lease(s) was 82.93 years.