My IFA requires my Hightown law firm’s panel reference for the HSBC conveyancing panel. Can you suggest how I discover this. I have called my local Hightown branch but they have not responded to me.
Have you tried calling your Hightown conveyancing practitioner about this?. Most Hightown conveyancing practices will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
3 months have gone by since my purchase conveyancing in Hightown completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Hightown. 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 legal work.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Hightown
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply a car parking plan.
I am looking for a flat up to £195,000 and identified one close by in Hightown I like with amenity areas and railway links in the vicinity, however it only has 61 years unexpired on the lease. I can't really find anything else in Hightown in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
If you need a mortgage the shortness of the lease will likely be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you can ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.
In what way does the Landlord & Tenant Act 1954 affect my commercial offices in Hightown and how can your lawyers assist?
The 1954 Act affords a safeguard to commercial tenants, granting the legal entitlement to apply to court for a continuation of occupancy at the end of the lease term. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and help with commercial conveyancing in Hightown
Builders have put forward a conveyancer and I've received a quote from them. They are almost £300 less expensive than my preferred Hightown lawyer. Should I use them?
Builders often have lists of lawyers who expedite matters and who know the developer’s paperwork and property lawyer. Plenty of developers offer an inducement to choose their approved solicitor for this reason, any increased cost can be avoided and a developer won't suggest a conveyancing warehouse and run the risk of having the conveyancing delayed when they demand an exchange within a tight deadline. A counter-argument for not agreeing to use the suggested lawyer is that they may prove hesitant to fight for your interests for fear of alienating the sellers. If you worry that this may be the case you should stick with your high street Hightown lawyer.