I am obtaining a mortgage with Santander. My intention is to enlist the help of a Licensed Conveyancer in Droitwich. Does the Santander Conveyancing panel include Licensed Conveyancers?
The Santander approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Can I use your services to recommend a Conveyancing solicitor in Droitwich even if I’m not buying or selling a house, for example if I intend to buy an office in Droitwich with a loan from HSBC Bank?
Our comparison service is mainly there to locate residential conveyancing solicitors in Droitwich but we have recorded at the end of this page a selection of Droitwich commercial conveyancing firms. You should make contact with the solicitors directly to establish if they are also authorised to represent HSBC Bank
I am buying a new build flat in Droitwich. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Droitwich
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? There must be mutual enforceability of lessee’s covenants. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
Taking into account that I will soon spend hundreds of thousands of pounds on a two bedroom apartment in Droitwich I wish to have a conversation with the lawyer regarding theconveyancing before giving the go ahead to the firm. Is this something that you can arrange?
We could not agree more - it is our preference to talk to you we do not take any clients on without you first talking to the conveyancer due to be doing your conveyancing in Droitwich.There is no ‘factory style conveyancing’ - each client is unique individual, not a case reference. The law firms that we put you in touch with believe that the figure you are calculated and presented to you for residential conveyancing in Droitwich should be the amount on the final invoice that you are charged.
I work for a long established estate agent office in Droitwich where we see a few leasehold sales jeopardised due to short leases. I have been given inconsistent advice from local Droitwich conveyancing solicitors. Could you confirm whether the seller of a flat can instigate the lease extension formalities for the purchaser on completion of the sale?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the sale.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
Droitwich Conveyancing for Leasehold Flats - Examples of Questions you should consider Prior to Purchasing
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Please note that where the lease has no more than eighty years it will impact the salability of the apartment. It is worth checking with your mortgage company that they are willing to to proceed given the lease term. Leases with fewer than 80 years remaining means that you will most likely need a lease extension sooner rather than later and it is worth finding out how much this will be. Remember, in most cases you will need to own the property for two years in order to be legally able to carry out a lease extension. It would be sensible to find out as much as you can concerning the company managing the block as they will affect your use and enjoyment of the property. Being a leasehold owner you will be in the clutches of the managing agents from a financial perspective and when it comes to practical matters such as the upkeep of the communal areas. Ask prospective neighbours whether they are happy with their service. Finally, find out the dates that the maintenance charges are due to the appropriate party and specifically what it includes.
My folks cant seem to find their Droitwich land registry title on the online search facility. They recall that back in the 60’s when they purchased the property there were complications with the post code not being identified on some systems.
Nearly all properties in Droitwich should appear. Have you limited your search with just the postcode. Normally it will mention all the premises within that postcode. Where recorded it will show up with a title number. If they bought fifty years ago it's conceivable it may be unregistered. The property may still be revealed but with the title number shown 'na'. In this scenario you will need to track down the original title papers which could be with your parent’s lender.