My husband and I are intent on purchasing a leasehold flat in Haddenham. My Conveyancer has never been on on the bank approved list. Am I still permitted to use my Haddenham conveyancing solicitor even though they are not on the mortgage company approved list?
You must use a lawyer to deal with the legal work required when you require a loan to purchase your property. The property lawyer will conduct all the essential investigations on the property, ensuring that you will be registered as proprietor and ensure that all the necessary mortgage documentation is dealt with. You could appoint a Haddenham lawyer of your choosing. Nevertheless, if the solicitor appointed is not on the lender approved list additional charges will arise as separate legal representation will be need by the bank. Conveyancing panel applications can be submitted, so where your solicitor has not previously applied for membership they can do so.
Completed the sale of my flat in Haddenham last September yet the purchaser is e-mailing me to say her solicitor is waiting to hear from mine. What should have happened now that I have sold?
Following your disposal your conveyancer should forward the transfer deeds and all supplemental paperwork to the purchaser's conveyancer. If applicable, your solicitor should also confirm that the legal charge in favour of the lender has been paid off to the buyers solicitors. There are no post completion requirements specific conveyancing in Haddenham.
Will our lawyer be raising enquiries concerning flooding as part of the conveyancing in Haddenham.
Flooding is a growing risk for lawyers dealing with homes in Haddenham. Plenty of people will buy a house in Haddenham, completely expectant that at some time, it may suffer from flooding. However, aside from the physical damage, if a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or sell the property. Steps can be carried out as part of the conveyancing process to forewarn the purchaser.
Solicitors are not best placed to offer advice on flood risk, however there are a numerous searches that may be initiated by the purchaser or by their conveyancers which will figure out the risks in Haddenham. The standard information given to a purchaser’s solicitor (where the Conveyancing Protocol is adopted) contains a standard inquiry of the vendor to find out whether the property has ever been flooded. If flooding has previously occurred which is not disclosed by the owner, then a buyer may issue a claim for damages as a result of such an inaccurate answer. A buyer’s solicitors should also order an environmental report. This will indicate whether there is any known flood risk. If so, further inquiries should be conducted.
It has been five months since my purchase conveyancing in Haddenham completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the guidance of my in-laws I had a survey completed on a house in Haddenham prior to appointing solicitors. I have been informed that there is a flying freehold overhang to the property. The surveyor has said that some lenders may refuse to grant a mortgage on this type of premises.
It depends who your proposed lender is. Lloyds has different instructions for example to Birmingham Midshires. If you e-mail us we can check via the relevant 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 can be more complicated and therefore you should check with your conveyancing solicitor in Haddenham to see if the conveyancing costs will increase in light of this.
Taking into account that I will soon part with hundreds of thousands of pounds on a garden flat in Haddenham I would like to talk to a solicitor regarding theconveyancing prior to appointing the firm. Can this be arranged?
Absolutely - we would be happy to talk to you we do not take any clients on without you liaising with the solicitor who will be doing your conveyancing in Haddenham.There is no ‘factory style conveyancing’ - each client is an important person, not a case reference. The solicitors that we put you in touch with believe that the fees you are quoted for your conveyancing in Haddenham should be the amount on the final invoice that you end up paying.