My mortgage broker says he needs my Hampstead solicitor’s panel member for the HSBC conveyancing panel. What is the best way to find this out. I have e-mailed my local Hampstead office but they cant find it on their system.
Have you tried calling your Hampstead property lawyer about this?. They keep a central record lender panel numbers.
My nephew is about to exchange on a new build apartment in Hampstead with a home loan from Lloyds. His lawyer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The form is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Lloyds conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Lloyds conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
My lender has recommended a law firm on their panel based in Hampstead but I would rather use a conveyancing lawyer in Hampstead or nearer to where I live. Can you assist?
It is by no means the case that all Hampstead conveyancing practitioners are listed all banks conveyancing panel. Please make use of our find an approved solicitor tool to locate a Hampstead conveyancing firm on the on the lender panel.
The deeds to our property are lost. The solicitors who handled the conveyancing in Hampstead 5 years ago have long since closed. Will I be able to sell the house?
In today’s world there are duplicates made of almost everything, and your lawyer will know exactly where to look for all the appropriate paperwork so you can purchase or dispose of your house without any difficulty. Where duplicates can’t be found, your lawyer may be able to arrange cover in the form of insurance or indemnities protecting you against future claims on the property.
Just had an offer accepted on a new build flat in Hampstead. Conveyancing is daunting 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 conveyancing.
Here are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Hampstead
If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. 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. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
Over the last few months I have been searching for a ground for flat up to £235,500 and identified one near me in Hampstead I like with open areas and transport links nearby, the downside is that it's only got 61 years on the lease. I can't really find anything else in Hampstead for this price, so just wondered if I would be making a mistake buying a short lease?
If you need a home loan the shortness of the lease will be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.