Me and my partner are soon to exchange buying a house in Haverhill but as a consequence of wreckage from a small fire at the property I have managed to agree compensation from the vendor in the sum of £2k by way of a adjustment in the price. I had intended this to be addressed as part of amending the contract yet Leeds Building Society will not agree to this. Should they have been informed?
Your conveyancer being on the Leeds Building Society conveyancing panel is obliged to inform Leeds Building Society of any changes to the purchase price. If you prohibit your property lawyer to notify the price change to Leeds Building Society then they would have to discontinue acting for you. In addition, Leeds Building Society and you would have to appoint a new lawyer for your conveyancing in Haverhill.
Are there restrictive covenants that are commonly picked up during conveyancing in Haverhill?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Haverhill. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am buying a new build flat in Haverhill. Conveyancing is a frightening process 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.
Here are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Haverhill
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please confirm the Lease plans are architect prepared.
I decided to have a survey completed on a property in Haverhill in advance of retaining solicitors. I have been informed that there is a flying freehold element to the property. My surveyor advised that some lenders may not issue a mortgage on such a house.
It varies from the lender to lender. HSBC has different instructions for example to Birmingham Midshires. If you call us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Haverhill. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Haverhill to see if the conveyancing will be more expensive.
In my capacity as executor for the estate of my aunt I am disposing of a residence in Neath but reside in Haverhill. My lawyer (based 235 kilometers from meneeds me to execute a statutory declaration before completion. Can you recommend a conveyancing practitioner in Haverhill who can witness this legal document for me?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are Haverhill based
There are only 62 years left on my flat in Haverhill. I am keen to extend my lease but my freeholder is missing. What should I do?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be extended by the magistrate. You will be obliged to prove that you or your lawyers have done all that could be expected to locate the freeholder. On the whole a specialist would be helpful to carry out a search and to produce an expert document to be accepted by the court as proof that the landlord can not be located. It is advisable to get professional help from a property lawyer both on proving the landlord’s absence and the vesting order request to the County Court overseeing Haverhill.
Haverhill Leasehold Conveyancing - Examples of Questions you should ask before Purchasing
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Does this lease have in excess of 82 years left? Does the lease contain onerous restrictions? Generally speaking the cost for major works tend not to be included within maintenance charges, albeit that a few managing agents in Haverhill obliged leaseholders to pay into a reserve fund and this is used to offset against major works.