Is there a reason why leasehold purchase conveyancing in Hereford is more expensive?
In short, leasehold conveyancing in Hereford and Herefordshire usually warrants extra due diligence compared to freehold conveyancing. This includes checking the lease terms, corresponding with the landlord about serving appropriate notices, procuring current service charge and management information, securing the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first entered into.
My Conveyancer in Hereford is not on the Coventry Building Society Conveyancing Panel. Can I still retain my family solicitor notwithstanding that they are not on the Coventry Building Society list of approved lawyers?
The limited options open to you here include:
- Complete the purchase with your preferred Hereford solicitors but Coventry Building Society will need to use a solicitor on their list of acceptable firms. This will inevitably rack up the overall conveyancing fees as well as result in delays.
- Choose a new practitioner to act in the purchase, not forgetting to check they are on the Coventry Building Society panel
What will a local search tell me about the property I am buying in Hereford?
Hereford conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search organisations for instance Searchflow The local search plays an important part in many a Hereford conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your property. The search will reveal data 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 headings.
I opted to have a survey completed on a house in Hereford in advance of instructing solicitors. I have been informed that there is a flying freehold element to the property. My surveyor advised that some lenders will not issue a loan on this type of home.
It depends who your proposed lender is. HSBC has different requirements for example to Nationwide. If you call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Hereford. Conveyancing may be slightly more expensive based on your lender's requirements.
Should I be wary about estate agents that I am dealing with are recommending an internet conveyancing firm rather than a High Street Hereford conveyancing firm?
As is the case with lots of service providers, often referrals from relatives can be most helpful. But there are numerous players in a conveyancing transaction; estate agents, financial adviser and lenders may put forward solicitors to retain. On occasion the conveyancers might be known to one of the organisations as one of the best in their field, but occasionally there is an underlying commercial relationship behind the recommendation. You have the right to appoint your preferred conveyancer. However, bear in mind that the majority of banks have an approved list of lawyers you have to use for the lender aspect of your house move.
A licensed conveyancer dealt with my conveyancing in Hereford half a dozen years past and was holding my deeds but has since been shut down – how do I retreive them?
Title deeds, as such, no longer exist as the majority of homes in Hereford are recorded electronically at Land Registry. Where you need to establish evidence of proprietorship or are selling or refinancing your conveyancing practitioner should obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned with reasonable haste.