We are buying a property and need a conveyancing solicitor in Hampton Hill who is on the Kent Reliance approved panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Kent Reliance . We don't recommend any particular firms conducting conveyancing in Hampton Hill.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Hampton Hill. My lender is Nationwide Building Society
Nationwide Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 8/4/2020, the requirements read as follows :
Can you help - my lawyer advises that missing deeds insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Hampton Hill?
The right level of missing deeds indemnity insurance should be dictated by who your lender. It would differ for example between Barclays and The Mortgage Works. Conveyancing lawyers as opposed to members of the public take out such insurances.
We have a mortgage agreed in principle with Virgin Money. Hampton Hill conveyancing lawyers have been appointed. What is the average time that one could expect to receive a mortgage offer from Virgin Money?
Some lenders take longer than others. Have Virgin Money done the survey? Have you informed Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
We were going to get a AIP from Santander this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Santander recommend any Hampton Hill solicitors on the Santander conveyancing panel, or is it better to go independently?
You will need to appoint Hampton Hill solicitors independently although you'll need to choose one on the Santander conveyancing panel. The solicitor represents both you and Santander through the process.
I'm buying my first flat in Hampton Hill with a loan from Alliance & Leicester . The builders refused to reduce the price so I negotiated 6k of additionals instead. The sale representative suggested that I not inform my conveyancer about the deal as it could put at risk my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
In my capacity as executor for the estate of my grandfather I am disposing of a residence in Cardiff but live in Hampton Hill. My conveyancer (approximately 260 miles awayneeds me to sign a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing practitioner in Hampton Hill who can witness this legal document for me?
Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are based in Hampton Hill
I am looking at a two apartments in Hampton Hill which have about forty five years remaining on the lease term. Should I regard a short lease as a deal breaker?
A lease is a right to use the property for a prescribed time frame. As the lease gets shorter the marketability of the lease deteriorates and it becomes more expensive to extend the lease. For this reason it is often a good idea to extend the lease term. More often than not it is difficult to sell a property with a short lease as mortgage companies may be unwilling to lend money on such properties. Lease enfranchisement can be a protracted process. We advise that you seek professional assistance from a conveyancer and surveyor with experience in this field.
We have reached the end of our tether in negotiating a lease extension in Hampton Hill. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most certainly. We can put you in touch with a Hampton Hill conveyancing firm who can help.
An example of a Lease Extension case for a Hampton Hill premises is Ground Floor Flat 91 Bath Road in May 2009. in a case where the freeholder could not be traced, the Brentford County Court ordered that the Lease be surrendered in return for the grant of a new lease of the Premises at a premium determined by the Leasehold Valuation Tribunal. The tribunal concluded that the price payable by the Applicant for the new lease of the premises be £15,900 This case affected 1 flat. The unexpired lease term was 60.45 years.