I am about to complete buying a house in Twickenham Park but as a consequence of wreckage from a small fire at the property I have was able negotiate recompense from the owner in the sum of three thousand pounds by way of a deduction in the price. This was going to be dealt with as part of a side agreement yet Kent Reliance are not allowing this. Should they have been approached?
Your conveyancing practitioner that is on a Kent Reliance approved list is required to advise Kent Reliance of any changes to the purchase price. If you were to refuse your conveyancer to disclose the price change to Kent Reliance then they would have to discontinue acting for you. In addition, Kent Reliance and you would have to appoint a new conveyancer for your conveyancing in Twickenham Park.
We're in Twickenham Park, FTBs purchasing with a mortgage (lender is HSBC , and our solicitor is on the HSBC conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the HSBC conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I am looking for a leasehold apartment up to £195,000 and found one round the corner in Twickenham Park I like with amenity areas and transport links in the vicinity, however it only has 52 remaining years left on the lease. I can't really find anything else in Twickenham Park suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you require a mortgage the shortness of the lease may be a potential deal breaker. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least twenty four months you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this matter.
I'm converting the mortgage on my current house to a buy to let mortgage with Nationwide Building Society and I will use the ballance of the raised equity towards another house. The area we are looking at is Twickenham Park. Will your solicitors be able to act for the two mortgage companies and link together the conveyances?
Do use our comparison tool on this site to be sure that the lawyers are on the appropriate lender panels. On the basis that they are your conveyancer will be able to connect the two transactions but you should have a chat with you solicitor and communicate your expectations and needs.
I am thinking of appointing a conveyancing practitioner in Twickenham Park for my house move. Is there any facility to check a solicitor's record with the profession’s regulator?
One may search for presented Solicitor Regulator Association (SRA) determinations stemming from inquisitions from 2008 onwards. Go to Check a solicitor's record. For records about the period before 1 January 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The SRA may recorded call for training purposes.
What is the reason for my lawyer requiring various items of ID before they can commence with selling or buying a property in Twickenham Park?
Twickenham Park property lawyers are required by the Law Society, Solicitors Regulation Authority, HMLR and current Money Laundering legislation to certify that the have checked the identity of their clients. It will also be a condition of your bank where you are taking a mortgage. In addition they have to complete various forms, particularly those relating to Land Tax and need to have details such as your full names, NI number and date of birth.