I have given 8 weeks notice to my existing landlord and must leave my rented apartment in Hatch End by 10/9/2025. Conveyancing for my house purchase is progressing. How realistic is it to complete in a couple of weeks as don't want to have to move into short term accommodation?
It is unwise to provide notice for your letting until you have exchanged. If you have not already done so, update to your lawyer and request that they seek the assistance the sellers solicitors, try to a target completion date that everyone will aim towards
Having sold my house in Hatch End last July but my buyer keeps texting every few hours to moan that her conveyancer is waiting to hear from myconveyancer. What should have happened following completion?
Post completion of your disposal your lawyer should deliver the transfer deeds and all supplemental paperwork to the purchaser's conveyancer. Depending on the transaction, your conveyancer should also evidence that the legal charge in favour of the lender has been repaid to the purchasers solicitors. There are no post completion tasks unique to conveyancing in Hatch End.
This question may be naive but I am wet behind the ears as FTB of a ground floor flat in Hatch End. Do I collect the keys to the house on completion from my conveyancer? If this is the case, I will find a local conveyancing solicitor in Hatch End?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the purchase money to the vendor’s solicitors, and once they have received this, you will be called to collect the keys from the property Agents and move into your new home. Usually this occurs early afternoon.
I happen to be the sole recipient of my late grandmother’s will and I have everything in my name alone, including the house in Hatch End. The Hatch End property was put into my name in June. I want to move. I understand that there is a Mortgage Lenders 6 month 'rule', which means that my proprietorship could be treated the same way as if I'd bought the house in June. Is the property unsalable for six months?
The CML handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be affected by that. How practical a view mortgage companies take of it, depend on the lender as this provision is principally there to pick up on the purchase and immediately sell or the quick reselling of properties.
When it comes to mortgage companies such as TSB, do Hatch End property lawyers incur an annual charge to be on the conveyancing panel?
We are unaware of any lender fees to be on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
Should our conveyancer be making enquiries about flooding as part of the conveyancing in Hatch End.
Flooding is a growing risk for conveyancers dealing with homes in Hatch End. Plenty of people will buy a house in Hatch End, completely expectant that at some time, it may be flooded. However, aside from the physical destruction, if a house is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or sell the property. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.
Lawyers are not qualified to offer advice on flood risk, but there are a number of searches that may be undertaken by the buyer or on a buyer’s behalf which should give them a better appreciation of the risks in Hatch End. The conventional set of completed inquiry forms sent to a buyer’s lawyer (where the Conveyancing Protocol is adopted) incorporates a usual inquiry of the vendor to determine if the property has historically flooded. If the property has been flooded in past which is not revealed by the seller, then a purchaser could commence a claim for damages stemming from an misleading response. A buyer’s solicitors may also conduct an enviro report. This should reveal whether there is a recorded flood risk. If so, more detailed investigations should be conducted.
Due to the advice of my in-laws I had a survey completed on a property in Hatch End ahead of appointing lawyers. I have been told that there is a flying freehold element to the property. Our surveyor has said that some mortgage companies tend refuse to grant a loan on this type of house.
It depends who your proposed lender is. Bank of Scotland has different instructions from Birmingham Midshires. If you call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Hatch End. Conveyancing may be slightly more expensive based on your lender's requirements.
Am I right to be wary about 3rd parties that I am dealing with are recommending a nationwide conveyancing firm as opposed to a High Street Hatch End conveyancing company?
As with lots of professional services, often recommendations from family and friends can be most helpful. Nevertheless there are lots of players in a conveyancing matter; estate agents, financial adviser and mortgage companies might all put forward conveyancers to instruct. On occasion these lawyers might be known to one of the organisations as being good in their field, but occasionally there exists a commercial relationship behind the recommendation. You have the discretion to choose your preferred lawyer. Don't forget that the majority of lenders specify a panel list of solicitors you are obliged to use for the mortgage aspect of your house move.