Is the fact that my conveyancer in Hale Barns is not identified on my mortgage company's solicitor panel that there is a problem with the quality of her conveyancing?
It would be unwise to jump to that conclusion. There are all sorts of perfectly plausible explanations. Just recently a report by the solicitors regulator indicated 76% 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 solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should contact the Hale Barns conveyancing practice and enquire why they are no longer on the approved list for your lender.
I have given 8 weeks notice to my existing landlord and have to be out of my let out apartment in Hale Barns by 16/1/2024. Conveyancing for my house purchase is underway. How realistic is it to complete in six weeks as I wish to avoid having to find short term accommodation?
The normal practice is not to give notice for your letting unless exchange of contracts has taken place. Assuming that you have not already done so, update to your lawyer and request that they chase the owners side, try to get a realistic time scale from them that everyone will work to achieve
Can your site be used to recommend a Conveyancing solicitor in Hale Barns even where I’m not buying or disposing of a house, for example if I intend to acquire an office in Hale Barns with a loan from Aldermore?
The service is predominantly utilised to help choose domestic conveyancing solicitors in Hale Barns but we have set out at the end of this page a few Hale Barns commercial conveyancing firms. You should enquire with the firm directly to establish if they are also authorised to represent Aldermore
Our mortgage company has recommended solicitors on their panel based in Hale Barns but I would rather use a conveyancing lawyer in Hale Barns or nearer to where I live. Can you help?
It is by no means the case that all Hale Barns conveyancing solicitors are listed all banks conveyancing panel. Do make use of the above search tool to choose a Hale Barns conveyancing firm on the on the lender panel.
I have been on the look out for a ground for flat up to £305k and identified one close by in Hale Barns I like with open areas and station nearby, the downside is that it only has 49 years on the lease. I can't really find anything else in Hale Barns suitable, so just wondered if I would be making a grave error acquiring a short lease?
If you need a home loan the shortness of the lease may be an issue. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this matter.
I am in need of some leasehold conveyancing in Hale Barns. Before diving in I require certainty as to the number of years remaining on the lease.
If the lease is recorded at the land registry - and most are in Hale Barns - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I own a 2 bed flat in Hale Barns, conveyancing was carried out 4 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding flats in Hale Barns with an extended lease are worth £195,000. The average or mid-range amount of ground rent is £45 yearly. The lease terminates on 21st October 2086
With only 63 years left to run the likely cost is going to span between £16,200 and £18,600 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.