I was told today by my IFA that my Hornchurch lawyer is not on the lender Conveyancing panel. How can I check?
The first thing you need to do is to contact your Hornchurch conveyancer. It is reasonable to expect your lawyer to advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your bank.
The deeds to my home are lost. The lawyers who dealt with the conveyancing in Hornchurch 4 years ago are no longer around. What do I do?
As long as you have a registered title the details of your ownership will be retained by HMLR with a Title Number. It is possible to execute a search at the Land Registry, identify your house and obtain up to date copies of the Registered Entries for less than a fiver. If the title is Leasehold then the Land Registry will also normally retain a certified copy of the Registered Lease and again, a copy can be obtained for a small fee.
How does conveyancing in Hornchurch differ for newly converted properties?
Most buyers of new build property in Hornchurch approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is completed. This is because developers in Hornchurch typically buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Hornchurch or who has acted in the same development.
What does commercial conveyancing in Hornchurch cover?
Commercial conveyancing in Hornchurch incorporates a broad array of services, offered by qualified solicitors, relating to business premises. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
My husband and I may need to sub-let our Hornchurch basement flat temporarily due to a career opportunity. We used a Hornchurch conveyancing practice in 2001 but they have closed and we did not think at the time seek any advice as to whether the lease prohibits the subletting of the flat. How do we find out?
A lease governs relations between the landlord and you the flat owner; in particular, it will set out if subletting is not allowed, or permitted but only subject to certain conditions. The accepted inference is that if the lease contains no specific ban or restriction, subletting is allowed. Most leases in Hornchurch do not contain strict prohibition on subletting – such a provision would undoubtedly devalue the property. Instead, there is usually simply a requirement that the owner notifies the freeholder, possibly sending a copy of the sublease.
I inherited a two-bedroom flat in Hornchurch. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the sum due for a lease extension?
Most definitely. We can put you in touch with a Hornchurch conveyancing firm who can help.
An example of a Lease Extension case for a Hornchurch property is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case affected 1 flat. The unexpired lease term was 57.5 years.
I am buying a ground floor maisonette in Hornchurch. Conveyancing solicitor has been waiting for, from the owner, building insurance paperwork. This afternoon I was informed that the vendor needs to forward the insurance schedule for the flat above in addition. Why would my lawyer want to check the insurance for the flat above? Is it really necessary? We have been stalled for the previous fortnight…
It is not impossible in leasehold conveyancing in Hornchurch to discover Conveyancing in Hornchurch in a minority of cases reveals that the lease provides for the leasehold owners to insure their individual flats as opposed to the freeholder insuring the complete block - which is definitely better. Do contact your conveyancer but it would appear that your solicitor is seeking to establish that the whole building is insured. Insuring a ground floor apartment is no help when it comes to rebuilding after a fire if the 1st floor cannot be reinstated for lack of insurance.