Am I correct in assuming that the fact that my solicitor in Haddenham is not listed on my mortgage company's conveyancing panel that there is a problem with the quality of his conveyancing?
That is more than likely a wrong assumption to make. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should contact the Haddenham conveyancing practice and ask them why they are no longer on the approved list for your lender.
Do the Building Society Association intend to launch a searchable register to list practices on the Darlington Building Society conveyancing panel for instance in Haddenham?
We have not been informed any plans on the part of the BSA to develop such a register.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Haddenham. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Haddenham
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There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are architect prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Forfeiture - bankruptcy or liquidation must not apply under this provision. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I have been on the look out for a leasehold apartment up to £305k and identified one round the corner in Haddenham I like with a park and transport links in the vicinity, the downside is that it only has 51 years unexpired on the lease. I can't really find anything else in Haddenham in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you require a mortgage the remaining unexpired lease term will be a potential deal breaker. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least twenty four months you can request that they start the process of the extension and pass 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.
I'm remortgaging my primary home to a buy to let mortgage with The Royal Bank of Scotland and I will use the ballance of the raised equity as a down payment on another house. The area we are looking at is Haddenham. Will your conveyancers be able to act for both sets of lenders and tie in the two deals?
Make use of our comparison tool on this site to check that the solicitors are on the appropriate lender panels. On the basis that they are the solicitor should be able to connect the two conveyancing matters but you should talk with you lawyer and make clear your desired outcome and requirements.
My partner has urged me to appoint his conveyancing solicitors in Haddenham. Should I find my own solicitor?
There are no two ways about it the best way to choose a conveyancing practitioner is to have guidance from friends or family who have actually used the solicitor that you are contemplating using.