Is it realistic for conveyancing in Hadley Wood to be concluded inside 3 weeks?
In the event that you are under time constraints to exchange it is advisable to make sure that your solicitor is familiar with the area as they will have local contacts and intelligence. It is even conceivable that they would have conducted otherproperties in the same street. You would be best advised to use a Hadley Wood conveyancing lawyer. Second, ensure that the conveyancing firm is on the on the approved list for your mortgage company. It is claimed that just under twenty per cent of Hadley Wood conveyancing transactions are delayed or derailed after finding out that a purchaser’s lawyer was not on their mortgage lender’s member panel. In many cases this discovery resulted in the buying process being delayed by an average of three weeks. It is claimed that this issue affects approximately 100,000 home moves every year. Most Hadley Wood conveyancing practices can not represent certain mortgage companies so do check at the outset.
My brother-in-law has suggested I instruct a conveyancing solicitor in Hadley Wood. I I would like to check if they are accepted on the Aldermore conveyancing panel. Could you assist?
The first thing you should do is phone your conveyancer and ask them whether they can act for the lender. Alternatively you can call Aldermore who may be able to assist.
A colleague recommended that if I am buying in Hadley Wood I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually quoted for as part of the standard Hadley Wood conveyancing searches. It is a large document of about 40 pages, listing and detailing significant information about Hadley Wood around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Hadley Wood Education with maps and statistics, Local Amenities and other useful information about Hadley Wood.
I own a semi-detached Edwardian property in Hadley Wood. Conveyancing lawyer represented me and Aldermore. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold under the exact same property. If a house is not a freehold shouldn't I have been informed?
You should read 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 Hadley Wood and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with the conveyancing practitioner who conducted the conveyancing.
We're first time buyers - had an offer accepted, but the property agent told us that the owners will only proceed if we use their preferred solicitors as they want a ‘quick sale’. My instinct tells me that we should use a local solicitor used to conveyancing in Hadley Wood
It is improbable the owners are behind this. If they want ‘a quick sale', taking such a hostile approach to a motivated buyer is not the way to achieve this. Try to communicate with the sellers directly and explain that (a)you are motivated purchasers (b)you are ready to progress, with finances in place © you are unencumbered (d) you intend to proceed fast (e)but you intend to appoint your preferred Hadley Wood conveyancing firm - as opposed tothose that will earn their estate agent a kickback or achieve conveyancing figures set by corporate headquarters.
I own a leasehold flat in Hadley Wood. Conveyancing and Lloyds TSB Bank mortgage are in place. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1992. The conveyancing practitioner in Hadley Wood who acted for me is not around. Do I pay?
First make enquiries of HMLR to be sure that this person is indeed the registered owner of the freehold reversion. There is no need to instruct a Hadley Wood conveyancing practitioner to do this as it can be done on-line for less than a fiver. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I have attempted and failed to negotiate with my landlord to extend my lease without any joy. Can I make an application to the Leasehold Valuation Tribunal? Can you recommend a Hadley Wood conveyancing firm to act on my behalf?
if there is a absentee freeholder or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the Leasehold Valuation Tribunal to make a decision on the premium.
An example of a Lease Extension matter before the tribunal for a Hadley Wood flat is Flat 2 2 Netherfield Road in April 2010. The Tribunale held that premium payable for a 90 year extension to the existing Lease should be £7,705. This case was in relation to 1 flat. The unexpired lease term was 76 years.