I am buying a property mortgage free in Hampstead. I have resided for the last 20 years in Hampstead. Conveyancing searches are exorbitant. As I know the area and road very well must I have all the conveyancing searches?
Provided that you do not need a home loan, then almost all of the Hampstead conveyancing searches are at your discretion. Your lawyer will try and sway you, perhaps strongly, that you should have searches completed, but he is duty bound to take that path of advice. Do take into account; if you are likely to sell the house at a future date, it may be of interest to your future purchaser what the searches determine. Sometimes premises with functional issues can still reveal unpredicted search results. A good conveyancing solicitor in Hampstead will provide you some practical guidance here.
I am close to exchanging contracts on the sale of our property in Hampstead and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. Any high street Hampstead lawyer would know that there is no such problem. For the life of me I don't know why the purchasers instructed a national conveyancing practice rather than a conveyancing solicitor in Hampstead. Having lived in Hampstead for six years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to obtain clarification that the buyers are looking for.
It sounds as though you may have a conveyancing solicitor currently acting for you. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
four months have elapsed following my purchase conveyancing in Hampstead completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. 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 property 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.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a quick, chain free conveyancing. Hampstead is where the house is located. What do you suggest?
Flying freeholds in Hampstead are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Hampstead you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hampstead may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Hoping to buy a property located in Hampstead and I am already nervous. I couldn't find anything specific about Hampstead. Conveyancing will be needed in due course but do you know about the Hampstead area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Hampstead. In the meantime here are some basic statistics that we found
I need to appoint a conveyancing solicitor for freehold conveyancing in Hampstead. I have stumble across a web site which seems to have the ideal answer If it is possible to get all formalities completed via email that would be preferable. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?