We are looking to buy a property and require a conveyancing solicitor in Norwich who is on the HSBC approved panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for HSBC . We don't recommend any particular firms conducting conveyancing in Norwich.
Me and my partner are buying a apartment in Norwich. It might be a silly question but how we can trust a conveyancer? On completion day we have to put money into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We are getting the release of further monies on our mortgage from HSBC as we wish to conduct alterations to our house in Norwich. Do we need to appoint a bricks and mortar Norwich solicitor on the HSBC conveyancing panel to deal with the paperwork?
HSBC would not normally require firms on their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the HSBC panel.
We have agreed to purchase a house in Norwich. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender UBS be concerned?
Given that you are obtaining a mortgage with UBS your lawyer must follow the conveyancing instructions set out in Section two of UK Finance Lenders’ Handbook for UBS. The CML Handbook includes minimum specifications for solar panel roof-space leases, and conveyancing practitioners are required to report to UBS where a lease does not comply with these conditions. The requirements relate to the installation of panels on properties nationwide and is not restricted to Norwich.
My friend advised me that if I am buying in Norwich I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually included in the estimate for your Norwich conveyancing searches. It is a large document of about 40 pages, listing and setting out important information about Norwich around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Norwich Education with maps and statistics, Local Amenities and other useful data regarding Norwich.
I decided to have a survey carried out on a house in Norwich in advance of appointing conveyancers. I have been told that there is a flying freehold aspect to the property. My surveyor advised that some banks may refuse to grant a mortgage on a flying freehold property.
It varies from the lender to lender. Santander has different requirements from Birmingham Midshires. Should you wish to telephone us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Norwich. Conveyancing will be smoother if you use a solicitor in Norwich especially if they are acquainted with such properties in Norwich.
Is it best to instruct a Norwich conveyancing solicitor who is local to the property I am hoping to buy? We have a good friend who can execute the conveyancing however her office is a couple of hundredmiles drive away.
The primary upside of using a high street Norwich conveyancing firm is that you can drop in to execute paperwork, present your identification documents and apply pressure on them where appropriate. They will also have local insight which is a plus. However it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and they were content that must trump using an unfamiliar Norwich conveyancing lawyer just because they are local.
In relation to leasehold conveyancing in Norwich what are the most common lease problems?
There is nothing unique about leasehold conveyancing in Norwich. All leases are drafted differently and drafting errors can sometimes mean that certain sections are missing. The following missing provisions could result in a defective lease:
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A provision for the recovery of money spent for the benefit of another party. A duty to insure the building
You may have difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Halifax, Barnsley Building Society, and Clydesdale all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to grant the mortgage, obliging the purchaser to pull out.
I acquired a 2 bed flat in Norwich, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar flats in Norwich with over 90 years remaining are worth £202,000. The ground rent is £60 invoiced every year. The lease runs out on 21st October 2082
With 57 years remaining on your lease the likely cost is going to span between £28,500 and £33,000 as well as costs.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before seeking the advice of a professional.