My mortgage broker says he needs my Knebworth lawyer’ panel member for the HSBC conveyancing panel. How do I obtain this. I have e-mailed my local Knebworth office but they have not responded to me.
The sensible thing to do is ask for this information from your Knebworth conveyancer . They maintain a central record lender panel numbers.
When will exchange of contracts occur in residential conveyancing in Knebworth and am I required to attend the conveyancers branch?
Where you are in close proximity to our conveyancing solicitors in Knebworth you are invited in to sign documents. That being said, the law practices we work with provide countrywide coverage for conveyancing and provide just as comprehensive and professional a job for you when communicating with you by post or email. The executing of the contract is not the critical part. Signing on the dotted line simply enables the solicitor to address the formalities when the time is right, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Knebworth)to be in the office at the appropriate time.
My bid for a property was accepted at auction in Knebworth. Conveyancing is needed. What is next?
Now that you have to all intents and purposes signed on the dotted line you now have to hire the services of a conveyancing lawyer as a matter of urgency as you are faced with a fast approaching a fixed date to complete the property. Every auction property should have a bespoke legal pack. This will include most,if not all of the paperwork that your lawyer will need. If you have purchased leasehold premises the conveyancing pack should include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation pertinent to leasehold premises. You must give this to the lawyer instructed by you as soon as possible. Do make sure that that you have the requisite funding in place to complete the transaction on the set completion date.
I'm the sole beneficiary of my late mum's will with all property in now in my sole name, including the house in Knebworth. Conveyancing formalities meant that the Land Registry date was in June. I now wish to sell up. I do know about the CML six month 'rule', meaning my property ownership may be regarded the same way as though I had purchased the house in June. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be caught by that. many lenders would take a pragmatic view as this clause principally exists to pick up on the purchase and immediately sell or the flipping of property.
I have decided to exercise my right to buy my property in Knebworth off the council. I have a mortgage offer with Co-operative. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Co-operative, you will need to appoint a solicitor on the Co-operative conveyancing panel.
Me and my brother have a 4 bedroom Victorian house in Knebworth. Conveyancing practitioner acted for me and Chelsea Building Society. I did a free Land Registry search last week and there are a couple of entries: one for freehold, the second leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Knebworth and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with the conveyancing practitioner who conducted the work.
What advice can you give us when it comes to appointing a Knebworth conveyancing practice to deal with our lease extension?
When appointing a conveyancer for lease extension works (regardless if they are a Knebworth conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We suggest that you speak with two or three firms including non Knebworth conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be useful:
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How experienced is the firm with lease extension legislation? What are the costs for lease extension conveyancing?
Leasehold Conveyancing in Knebworth - Examples of Questions you should ask Prior to buying
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Is the freehold owned jointly by the tenants? What is the the remaining lease term? Who is in charge of the block?
What tools are available to find a Knebworth conveyancing solicitor on the bank conveyancing panel? I have a car and am prepared to travel up to twentymiles to attend the lawyer.
You can use the find a conveyancing panel search on this website. Please choose the lender and your location, in this case Knebworth and you will see a number of lawyer located nearest Knebworth. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the bank solicitor panel.