I am need of leasehold conveyancing for an apartment in a fairly new development (five years old) in High Holborn. Almost all the properties are already disposed of. Is it strictly necessary to order neighbourhood searches as part of conveyancing in High Holborn?
If you getting a loan, your lender will require some (many) of the searches so you'll have no choice. If not, then High Holborn conveyancing searches are optional. Your solicitor, will 'advise', perhaps strongly, that you should have the searches done, but he or she is duty bound in this regard. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you demand that your lawyer to proceed without searches then your lawyer will have to follow your instructions or it may be necessary to instruct a new lawyer for your conveyancing in High Holborn.
Finally the sale completed on my house in High Holborn last March yet the purchaser is calling me complaining that their solicitor needs to hear from mine. What should my lawyer have done now that I have sold?
Following your house sale your solicitor is duty bound to send the transfer deeds and all additional paperwork to the purchaser's solicitors. Depending on the transaction, your lawyer must also evidence that the home loan has been discharged to the purchasers lawyers. There is unlikely to be post completion procedures just for conveyancing in High Holborn.
The deeds to my home are lost. The conveyancers who dealt with the conveyancing in High Holborn 10 years ago have long since closed. What do I do?
Nowadays there are duplicates made of almost everything, and your solicitor should know precisely where to find all the suitable paperwork so you may buy or sell your property without any difficulty. If duplicates can’t be found, your conveyancer can put in place insurance or indemnities protecting you against possible claims on the property.
I'm buying a new build house in High Holborn with a mortgage from Godiva Mortgages Ltd. The developers refused to move on the price so I negotiated five thousand pounds worth of extras instead. The sale representative told me not to tell my solicitor about the side-deal as it will 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.
I've recently found out that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a quick, chain free conveyancing. High Holborn is where the house is located. Is there any guidance you can impart?
Flying freeholds in High Holborn are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside High Holborn you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in High Holborn 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.
Can you refer me to a property lawyer for buying a house? Ideally someone in High Holborn, who will communicate via email - not someone who insists on a letter in the post or fax.
The purpose of this site is limited to being a directory service for conveyancing practitioners who want to be listed as being on the approved conveyancing panel for HSBC in certain areas for instance High Holborn . We dont recommend any specific property lawyer.