Some advice if I may. My Henbury lawyer is assuring me that she is duty bound toorder Henbury conveyancing searches asthe firm are on the Virgin Moneysolicitor panel. Is this really necessary?
You have limited options available to you. As you are taking a mortgage with a mortgage company your solicitor has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your solicitor would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to follow the Council of Mortgage Lenders’ Handbook conditions . Even if you were a cash buyer you would be ill advised not to carry out Henbury conveyancing searches.
Is it necessary to take out insurance to cover chancel repairs when purchasing a residence in Henbury?
Unless a prior acquisition of the house took place post 12 October 2013 you can expect lawyers carrying out conveyancing in Henbury to continue to advocate a chancel search and or chancel repair liability insurance.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The solicitors who handled the conveyancing in Henbury 10 years ago have long since closed. What do I do?
Gone are the days when you need to have the physical original deeds to establish that you own the land or premises, given that the Land Registry hold details of all registered land or property electronically.
I have been recommended by a couple of local selling agents in Henbury to get a quote from a solicitor on your site. Is there a financial inducement for Estate Agents to promote your site rather than another?
We don’t make any referral fee for pointing buyers and sellers our way. We thought it would be too underhand to pay a commission because members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
My step-father has urged me to appoint his conveyancing solicitors in Henbury. Should I use them?
Much as we are happy to recommend a Henbury conveyancing lawyer the best way to find a conveyancing practitioner is to get referrals from friends or family who have actually previously instructed the solicitor that you are contemplating using.
Estate agents have just been given the go-ahead to market my basement apartment in Henbury. Conveyancing is yet to be initiated, but I have just received a quarterly maintenance charge invoice – what should I do?
The sensible thing to do is clear the invoice as normal as all ground rent and maintenance invoices should be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Henbury Conveyancing for Leasehold Flats - Examples of Questions you should consider before Purchasing
-
How many of the leaseholders are in arrears for their service charge payments? How much is the maintenance charge and ground rent on the apartment? If a Henbury lease has fewer than 80 years it will affect the value of the flat. It is worth checking with your bank that they are willing to go ahead with the loan given the lease term. A short lease means that you will almost definitely require a lease extension sooner rather than later and you need to have some idea of how much this will be. For most Henburylease extensions you will be required to have been the owner of the residence for 24 months in order to be eligible to extend the lease.