Our Strawberry Hill lawyer has identified a difference between the assumptions in the valuation report and what is revealed within the conveyancing documents. My solicitor has advised that he is obliged to ensure that the lender is OK with this discrepancy and is still content to lend. Is my solicitor’s approach correct?
Your property lawyer must comply with the UK Finance Lenders’ Handbook conditions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
I am assisting my sister sell her flat in Strawberry Hill. Does the conveyancer order the energy performance certificate or should I organise this?
Following the demise of Home Packs, energy assessments remained a compulsory component of moving property. An EPC should be to hand in advance of the property being advertised. It is not something that lawyers normally arrange. Where you are instructing a Strawberry Hill conveyancing lawyer they may help arrange energy assessments given their contacts with long established Strawberry Hill energy assessors
I had a mortgage agreed in principle with Barclays. Strawberry Hill conveyancing solicitors were selected. How long does it take for Barclays to issue the offer to the solicitor?
Some lenders take longer than others. Have Barclays completed the valuation? Have you advised Barclays as to your lawyers' details and checked that your lawyers are on the Barclays conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
After much negotiation I have agreed a price on an apartment in Strawberry Hill. My mortgage broker pressured me to appoint their solicitor. I paid an advanced payment of £225. A couple of days later, the property lawyer contacted me to say that they were not on the Santander conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Santander panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Me and my brother own a 4 bedroom Edwardian house in Strawberry Hill. Conveyancing solicitor acted for me and Barclays Direct. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, another for leasehold with the matching property. I thought I was buying a freehold how can I check?
You should assess 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Strawberry Hill and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with the conveyancing practitioner who conducted the work.
I've recently found out that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. Strawberry Hill is the location of the property. Can you offer any assistance?
Flying freeholds in Strawberry Hill are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Strawberry Hill you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Strawberry Hill may decide 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 premises.
I am tempted by the attractive purchase price for a two flats in Strawberry Hill both have approximately forty five years unexpired on the lease term. Will this present a problem?
There are plenty of short leases in Strawberry Hill. The lease is a legal document that entitles you to use the premises for a period of time. As the lease gets shorter the saleability of the lease decreases and it becomes more expensive to extend the lease. For this reason it is often a good idea to extend the lease term. More often than not it is difficulties arise selling premises with a short lease because mortgage lenders less inclined to grant a loan on such properties. Lease enfranchisement can be a protracted process. We advise that you get professional assistance from a conveyancer and surveyor with experience in this arena.
I inherited a two-bedroom flat in Strawberry Hill. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the amount payable for the purchase of the freehold?
You certainly can. We are happy to put you in touch with a Strawberry Hill conveyancing firm who can help.
An example of a Lease Extension case for a Strawberry Hill property is Ground Floor Flat 91 Bath Road in May 2009. in a case where the freeholder could not be traced, the Brentford County Court ordered that the Lease be surrendered in return for the grant of a new lease of the Premises at a premium determined by the Leasehold Valuation Tribunal. The tribunal concluded that the price payable by the Applicant for the new lease of the premises be £15,900 This case affected 1 flat. The unexpired residue of the current lease was 60.45 years.
Can you clarify the extent of conveyancing dealt with by Strawberry Hill conveyancing practices?
In the main Strawberry Hill conveyancing organisations can supply a number of legal advice to home and land proprietors, vendors, investors, freeholders and leaseholders assistingwith some of the following:
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House sale conveyancing in Strawberry Hill and nationwide
Home purchase conveyancing in Strawberry Hill and throughout England and Wales
Staircasing (purchasing additional shares in your home) Probate sale conveyancing Leasehold conveyancing sales and purchases Transfer of property after relationship breakdown