Our lawyer has identified a a problem with the lease for the flat we are purchasing in Hawes. The other side have put forward defective title insurance as a workaround. We are content with insurance and will pay for it. Our solicitor says that he must be satisfied that the mortgage company is willing to move forward with this solution. Who is the client here, us or the lender?
Even though you have a mortgage offer from the mortgage company does not mean to say that the property will meet their conditions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook conditions. You and the mortgage company are the client. The appropriate lender requirements have to be complied with.
Are there restrictive covenants that are commonly identified during conveyancing in Hawes?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Hawes. 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've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what was supposed to be a straight forward, chain free conveyancing. Hawes is the location of the property. Is there any guidance you can give?
Flying freeholds in Hawes are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Hawes you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hawes 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.
My company is wishing to lease a unit on a shopping parade. Can you recommend lawyers offering no-move-no fees for non-domestic conveyancing in Hawes for under 2k?
We can recommend firms who have well rounded knowledge of commercial conveyancing in Hawes, including the sale and acquisition of businesses as well as simply premises. Whether you are intending to buy or dispose of a shop, pub, restaurant, office, retail unit or a whole business we will put you in touch with the right firm. Regarding the costs this will depend on the structure and heads of terms of the deal. Let us have your contact information or email us so that we may supply you with comprehensive commercial conveyancing quote.
We're FTB’s - agreed a price, yet the estate agent told us that the owners will only move forward if we use their chosen lawyers as they are insisting on a ‘quick sale’. My instinct tells me that we should use a high street solicitor with experience of conveyancing in Hawes
We suspect that the seller is unaware of this request. Should the owner want ‘a quick sale', taking such a hostile approach to a motivated purchaser is likely to cause more damage than good. Try to communicate with the owners directly and make the point that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are unencumbered (d) you intend to proceed fast (e)however you intend to use your preferred Hawes conveyancing solicitors - not the ones that will provide the negotiator at the agency a referral fee or hit his conveyancing thresholds demanded by HQ.
How do I establish who owns a property in Hawes?
Assuming that the premises is registered with HM Land Registry, and you have requisite specifics of the address of the premises, you should be able to view results from the HM Land Registry of the registered proprietor for a fee.