I have given 2 months notice to my existing landlord and must leave my let out property in Hatton Park by the end of next month. Conveyancing on my purchase is underway. Is it possible to complete in 4 weeks as don't want to have to move into temporary accommodation?
It is unwise to serve notice for your letting unless your lawyer suggests that you should. If you have not already done so, contact to your lawyer and urge them to they apply pressure on the owners lawyers, try to an agreed time frame that everyone will work to achieve
I am purchasing a property in Hatton Park. An unusual aspect is that the roof has a solar panel. Aldermore 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 Aldermore your lawyer must follow the conveyancing requirements outlined in Section 2 of UK Finance Lenders’ Handbook for Aldermore. The CML Handbook includes minimum conditions for solar panel roof-space leases, and solicitors are required to report to Aldermore where a lease does not satisfy these conditions. The conditions relate to the installation of panels on properties in England and Wales and is not restricted to Hatton Park.
We expect to receive a AIP from Virgin Money this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Virgin Money recommend any Hatton Park solicitors on the Virgin Money conveyancing panel, or is it better to go independently?
You will need to appoint Hatton Park solicitors independently although you'll need to choose one on the Virgin Money conveyancing panel. The solicitor represents both you and Virgin Money through the process.
HSBC have agreed my mortgage in principle, my offer on a flat in Hatton Park has been accepted, what are the next steps?
The property agent will want to be advised as to your solicitor's details (be sure the property lawyers are on the bank’s approved list). Contact HSBC or your broker and finalise any outstanding forms. HSBC will instruct a valuer who will get in contact with the estate agent or owners to arrange an appointment. Once conducted (assuming no problems) it takes about a week to receive the mortgage offer. HSBC will send the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Hatton Park.
The deeds to my property are lost. The conveyancers who did the conveyancing in Hatton Park 5 years ago are no longer around. What are my options?
Gone are the days when you need to have the physical official documentation to prove you own the land or premises, given that the Land Registry hold details of all registered land or property electronically.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Hatton Park. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Hatton Park
-
Please provide evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a simple, no chain conveyancing. Hatton Park is the location of the property. Is there any advice you can give?
Flying freeholds in Hatton Park are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Hatton Park you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hatton Park may decide 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 premises.
Are there any apps to help search for a Hatton Park solicitor on the Yorkshire Building Society conveyancing panel? I drive a motor bike and am willing to travel upto 10kilometers to meet the solicitor.
You can use the tool on this page. Please choose the lender and your location and you will see a number of Hatton Park conveyancing lawyers locally. We have listed some Hatton Park conveyancing firms towards the end of this page and you can ring them to check whether they are on the Yorkshire Building Society panel