Some advice if I may. My Haslemere solicitor is assuring me that she is duty bound toconduct Haslemere conveyancing searches stemming from the fact thatthe firm are on the Virgin Moneysolicitor panel. Do I not have a choice here?
You have limited options available to you. Given that you are taking out a loan with a mortgage company your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your conveyancing practitioner would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to comply with the CML Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Haslemere conveyancing searches.
My wife and I have recently appointed a conveyancing solicitor in Haslemere. I I am struggling to find out if they are on the Coventry Building Society conveyancing panel. Can you advise?
The first thing you should do is phone the conveyancer and enquire if they are on the lender panel. Alternatively you can call Coventry Building Society who may be able to assist.
I am planning to move home in September. Will my conveyancing solicitor update the removal company on the completion day. As an aside, can you put forward a removal company in Haslemere. Conveyancing solicitor was chosen before I stumbled across this website.
On the afternoon of completion you will need to pick up the keys from the selling agent but this can only occur after the vendors conveyancers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be released. You can inform the removal men that you are ready to move in. As a matter of policy we do not suggest a specific removal organisation but can assist you in finding a residential property solicitor in Haslemere or a firm with expertise in conveyancing in Haslemere.
I am the sole beneficiary of my late grandmother’s will with all property in now in my sole name, including the house in Haslemere. Conveyancing formalities meant that the Land Registry date was in May. I plan to dispose of the property. I do know about the Mortgage Lenders 6 month 'rule', meaning my property ownership will be considered the same way as if I'd bought the house in May. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be impacted by that. many lenders would take a practical view as this obligation primarily exists to identify subsales or the wholesaling and assigning of property.
Intending to buy a house in Haslemere. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Kent Reliance conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Haslemere solicitor is on the Kent Reliance conveyancing panel.
I purchased a terraced Georgian house in Haslemere. Conveyancing solicitor represented me and Barclays . I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold under the matching address. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Haslemere and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with the conveyancing lawyer who completed the work.
I have been pointed in your direction by a few estate agents in Haslemere to get a quote from a property lawyer on your site. Is there a financial upside for Estate Agents to offer your lawyers ahead of a competitor’s?
We refuse to give any referral fee for pointing buyers and sellers to this site. We thought it would be too underhand to pay a commission because a client could think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
My wife and I purchased a leasehold house in Haslemere. Conveyancing and Clydesdale mortgage went though with no issue. A letter has just been received from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1992. The conveyancing practitioner in Haslemere who acted for me is not around. Do I pay?
The first thing you should do is contact HMLR to be sure that this person is indeed the new freeholder. It is not necessary to instruct a Haslemere conveyancing practitioner to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I acquired a 1 bedroom flat in Haslemere, conveyancing formalities finalised in 2006. Can you work out an approximate cost of a lease extension? Equivalent flats in Haslemere with an extended lease are worth £201,000. The ground rent is £45 levied per year. The lease expires on 21st October 2089
With 64 years left to run we estimate the premium for your lease extension to range between £14,300 and £16,400 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.