My brother-in-law has suggested I instruct a conveyancing solicitor in Haddenham. I I would like to check whether they are on the Barclays approved list of lawyers. Can you or the lender confirm if they are on the panel?
You should contact the conveyancer and ask them whether they are on the lender panel. Alternatively you should call Barclays who may be able to assist.
Are all Haddenham Conveyancing Quality Solicitors on the Virgin Money conveyancing list of approved firms?
A selection of lenders now use the accreditation scheme as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of conveyancing solicitors.
We had selected solicitors with offices in Haddenham on the TSB solicitor panel. They have just billed me a supplemental amount for the legal aspects of the TSB mortgage. Is this an additional conveyancing fee specified by TSB?
As unfair as it may appear, as long as it’s in their Terms and Conditions or Quote then yes your lawyer may levy a fee for this. The charge is not dictated by TSB but by your Haddenham conveyancer. Numerous firms on the TSB panel will levy ’dealing with mortgage’ fee and others do not.
I am expecting a OIP from UBS this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do UBS recommend any Haddenham solicitors on the UBS conveyancing panel, or is it better to go independently?
You will need to appoint Haddenham solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
I need some quick conveyancing in Haddenham as I am faced with a deadline to sign on the dotted line in less than 3 weeks. Luckily I do not require a mortgage. Is it possible to avoid the conveyancing searches to save money and time?
As you are not taking a home loan you have the choice not to have searches carried out although no conveyancer would suggest that you don't. Drawing on our experience of conveyancing in Haddenham the following are examples of what can show up and therefore impact future saleability: Enforcement Notices, Overdue Fees, Outstanding Grants, Railway Schemes,...
I have a renovated Edwardian property in Haddenham. Conveyancing practitioner acted for me and Britannia. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold with the exact same 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 for 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 Haddenham and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with the conveyancing lawyer who completed the work.
Due to the input of my in-laws I had a survey completed on a property in Haddenham prior to appointing conveyancers. I have been told that there is a flying freehold aspect to the house. The surveyor advised that some lenders may refuse to issue a mortgage on such a premises.
It varies from the lender to lender. Santander has different requirements from Birmingham Midshires. If you contact us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Haddenham. Conveyancing will be smoother if you use a solicitor in Haddenham especially if they are familiar with such properties in Haddenham.
I've recently bought a leasehold property in Haddenham. Am I liable to pay service charges relating to a period prior to completion of my purchase?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I bought a leasehold flat in Haddenham, conveyancing having been completed 8 years ago. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Haddenham with over 90 years remaining are worth £165,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease ceases on 21st October 2098
With only 77 years unexpired the likely cost is going to range between £7,600 and £8,800 plus costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before getting professional advice.