My mortgage broker has requested my Shortlands law firm’s panel member for the HSBC conveyancing panel. How do I find this out. I have contacted my local Shortlands office but they cant find it on their system.
The sensible thing to do is ask for this information from your Shortlands conveyancer . They should have a central record lender panel numbers.
We are a couple about to exchange contracts for a freehold house in Shortlands. We encountered a problem. The mortgage offer with HSBC Bank runs out on 10/6/2025 but the vendors are insisting on a completion date of 12/6/2025. Can one prolong the loan offer?
The best person to deal with your concern is your solicitors who will determine if he or she is better off negotiating with the bank, seller’s solicitors, estate agents or indeed all parties given the circumstances your transaction to date.
I am the registered owner of a freehold house in Shortlands but nevertheless pay rent, why is this and what is this?
It is rare for properties in Shortlands and has limited impact for conveyancing in Shortlands but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the establishment of new rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
I've recently found out that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Shortlands is the location of the property. Can you shed any light on this issue?
Flying freeholds in Shortlands are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Shortlands you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Shortlands may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
What is different about your site and alternative web based conveyancing brokers when it comes to conveyancing in Shortlands?
At this site obtain an accurate quote from a Solicitor or Licensed Conveyancer that appreciates the nuances of your conveyancing in Shortlands. Unlike many estate agents and brokerage sites we are not in the business of charging firms a fee if you appoint them for your conveyancing in Shortlands
We're FTB’s - agreed a price, yet the selling agent advised that the vendor will only proceed if we instruct the agent's recommended conveyancers as they want an ‘expedited deal’. We would rather use a family solicitor accustomed to conveyancing in Shortlands
We suspect that the seller is unaware of this ultimatum. Should the owner want ‘a quick sale', turning down a motivated purchaser is not the way to achieve this. Speak to the owners direct and make the point that (a)you are motivated purchasers (b)you are excited to move forward, with finances in place © you are chain free (d) you intend to proceed fast (e)however you intend to appoint your own,trusted Shortlands conveyancing solicitors - not the ones that will earn the estate agent a referral fee or hit his conveyancing targets set by senior management.