I plan on purchasing an apartment in Hythe. My Conveyancer is not on the bank approved list. Can I still retain my Hythe conveyancing solicitor even though they are excluded from the bank list of approved lawyers?
Various options include
- Proceed with your chosen Hythe conveyancing practitioner but your mortgage company will no doubt retain a conveyancer from their conveyancing panel. This will result in additional cost and probable delay.
- Appoint a new property lawyer to conduct the conveyancing, ensuring that they are on the bank conveyancing panel.
- Convince your conveyancing practitioner to apply to join the mortgage company panel
Should lawyers request money on account when it comes to conveyancing in Hythe?
If you are buying a property in Hythe your lawyer will ask you to provide them with funds to cover the search fees. Ordinarily this is asked for to cover the fees of the Local Authority Search. If any deposit is as part of the purchase price then this will be needed shortly prior to contracts are exchanged. Any further balance that is needed should be transferred a couple of days ahead of the day of completion.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Hythe. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Hythe
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There must be mutual enforceability of lessee’s covenants. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
My uncle has recommend that I appoint his conveyancers in Hythe. Do I follow his recommendation?
There are no two ways about it the best way to select a conveyancing solicitor is to seek feedback from friends or family who have previously instructed the firm you're are thinking of instructing.
Can you offer any advice when it comes to appointing a Hythe conveyancing firm to deal with our lease extension?
If you are instructing a solicitor for lease extension works (regardless if they are a Hythe conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of work. We suggest that you talk with two or three firms including non Hythe conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be of use:
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What are the legal fees for lease extension conveyancing? If they are not ALEP accredited then why not?
Leasehold Conveyancing in Hythe - Sample of Queries Prior to Purchasing
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What is the the remaining lease term? You should be aware if it is less than eighty years it will have adverse implications on the value of the flat. Check with your mortgage company that they are willing to go ahead with the loan given the lease term. A short lease means that you will most likely require a lease extension sooner rather than later and you need to have some idea of how much this will be. For most Hythelease extensions you would be be obliged to have owned the property for 24 months in order to be legally able to exercise a lease extension.
My aunt completed her conveyancing in Hythe eight years past. She has since got married, widowed and is now married again. She intends to market the property in a couple of months. I think she will simply be requested to provide a copy of the marriage papers to the conveyancing practitioner however she is anxious it could delay the sale of the house. Should she instruct a solicitor to update the Land Registry details for the house?
The is no need to bring up to date the title for the property on the basis that you have the evidence required to show how the change of name resulted.
Any buyer’s lawyer will review the land registry information and request evidence to establish the change of name e.g. marriage certificates.