My partner and I are hoping to acquire a flat in Hanham and have instructed a Hanham conveyancing practice. Within the past 48 hours our lawyer has forwarded the sale agreement to be signed with a detailed report with the expectation that exchange is imminent. Norwich and Peterborough Building Society have this afternoon contacted us to inform me that there is now an issue as our Hanham lawyer is not on their approved list of lawyers. What do we do from here?
Where you are buying a property needing a mortgage it is standard for the purchasers' lawyers to also act for the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyer should contact your bank and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You are not legally obliged to appoint a law firm on the lender’s conveyancing panel as you are at liberty to use your preferred Hanham lawyers, in which case your legal fees may increase, and it may delay matters as you are adding another lawyer into the mix.
I appreciate that there are debates on Chancel Insurance on online forums. Am I compelled to take this when buying a residence in Hanham? or I am told that there is a law dating back centuries that means some owners of property residing in a parish church boundary will be compelled to pay for maintenance to the chancel within the church. Is this appropriate for conveyancing in Hanham?
Unless a prior purchase of the premises took place after 12 October 2013 you can expect conveyancing practitioners carrying out conveyancing in Hanham to remain recommending a chancel search and or chancel repair liability insurance.
Are there restrictive covenants that are commonly picked up during conveyancing in Hanham?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Hanham. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what should have been a quick, no chain conveyancing. Hanham is the location of the property. Can you offer any opinion?
Flying freeholds in Hanham are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Hanham you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hanham may ascertain 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 residence.
How difficult is it to change conveyancer as I have to find a firm on the Barclays Direct conveyancing panel. I was using a high street conveyancing solicitor in Hanham five minutes from me but she is not approved by Barclays Direct
It would be our pleasure to help you select a conveyancing solicitor in Hanham on the Barclays Direct panel. Please note that the conveyancers that we work with do not pay us a referral fee if you instruct them and are regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Hanham. In utilising search facility on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Hanham.
I am in need of some leasehold conveyancing in Hanham. Before I get started I would like to find out the remaining lease term.
If the lease is recorded at the land registry - and almost all are in Hanham - then the leasehold title will always include the short particulars 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.
Leasehold Conveyancing in Hanham - Examples of Queries Prior to buying
Does the lease include onerous restrictions? Generally speaking the outlay for major works are not included within service charges, although there some managing agents in Hanham obliged leasehold owners to contribute towards a sinking fund and this is used to offset against major repairs or maintenance.