We're in Hayes, FTBs purchasing with a mortgage (lender is Aldermore , and our solicitor is on the Aldermore conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Aldermore conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
What does a local search reveal concerning the house we're buying in Hayes?
Hayes conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations such as Xpress Legal The local search plays a central role in most Hayes conveyancing purchase; as long as you don’t want any nasty once you have moved into your property. The search should supply information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
Are there restrictive covenants that are commonly identified during conveyancing in Hayes?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Hayes. 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…’
We're first time buyers - agreed a price, yet the agent has warned us that the vendor will only issue a contract if we instruct the agent's recommended lawyers as they need an ‘expedited deal’. We would rather use a local conveyancer used to conveyancing in Hayes
We suspect that the owner is unaware of this requirement. Should the seller desire ‘a quick sale', alienating a serious buyer is likely to cause more damage than good. Try to communicate with the sellers directly and make the point that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)however you intend to use your own,trusted Hayes conveyancing lawyers - as opposed tothose that will provide the negotiator at the agency a referral fee or hit his conveyancing thresholds set by corporate headquarters.
I am attracted to a two maisonettes in Hayes which have in the region of forty five years left on the leases. Should I regard a short lease as a deal breaker?
A lease is a legal document that entitles you to use the premises for a period of time. As the lease gets shorter the value of the lease deteriorates and it becomes more costly to acquire a lease extension. This is why it is advisable to extend the lease term. More often than not it is difficulties arise selling premises with a short lease because mortgage lenders less inclined to grant a loan on properties of this type. Lease enfranchisement can be a protracted process. We advise that you seek professional assistance from a conveyancer and surveyor with experience in this area.
Having spent months of correspondence we are unable to agree with our landlord on how much the lease extension should cost for our flat in Hayes. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Absolutely. We can put you in touch with a Hayes conveyancing firm who can help.
An example of a Lease Extension case for a Hayes premises is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case related to 1 flat. The remaining number of years on the lease was 50.57 years.
Is it true that a Hayes conveyancing solicitor taken to court by a client for failing to conduct the appropriate conveyancing searches?
We are not aware of such a Hayes conveyancing claim but according to a recent report, clients acquiring a house elsewhere in England successfully sued their property lawyer as a consequence of development permission to build a wind farm not being identified in conveyancing searches.
Where you are buying in Hayes It is critical that your lawyer purchase all Hayes conveyancing searches needed to ensure you have relevant and up to date information ahead of purchasing a property.