I'm at the point of looking at flats in Highams Park and I am now considering a potential offer. Is it premature to have a solicitor in place? I am planning to take a home loan with UBS.
You should start obtaining conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the EA. Given that you are getting a mortgage with UBS, make sure you remember to check that your lawyer is on the UBS conveyancing panel.
I recently had an offer agreed on a house in Highams Park. My mortgage broker suggested a conveyancing practitioner. I paid an advanced payment of £225. Not long after, the conveyancing practitioner called me to say that they were not on the Co-operative conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Co-operative panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Santander have agreed my home loan in principle, my offer on a house in Highams Park has been accepted, now what?
Your estate agent will want to know who your solicitors are (ensure that the solicitors are on the lender’s panel). Call up Santander or the broker and complete any outstanding documentation. Santander will sellect a valuer who will get in contact with the estate agent or vendor to arrange an appointment. Once carried out (assuming no problems) it takes on average a week to get a mortgage offer. Santander will send the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Highams Park.
Just bought a terraced house in Highams Park , What is the estimated time for the Land Registry to record the transfer to my name? My Highams Park conveyancing solicitor has been very slow, so I want to be sure the registration is addressed.
As far as conveyancing in Highams Park is concerned, registration is no faster or slower than anywhere else in the country. Rather than based on location, timeframes can adjust according to who lodges the application, whether it is in order and if the Land registry communicate with any third persons or bodies. At present in the region of three quarters of such applications are fully addressed within two weeks but occasionally there can be extensive delays. Registration occurs after the new owner has moved in to the property thus 'speed' is not usually an essential issue but where there is a degree of urgency associated with the registration then you or your conveyancer should speak with the land registry and explain the circumstances.
About to purchase a new build apartment in Highams Park. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Highams Park
There must be mutual enforceability of lessee’s covenants. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply a car parking plan.
Over the last few months I have been searching for a flat up to £245,000 and identified one round the corner in Highams Park I like with amenity areas and transport links in the vicinity, the downside is that it's only got 52 years on the lease. I can't really find anything else in Highams Park suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you require a mortgage the remaining unexpired lease term may be problematic. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of twenty four months you can ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
What is different about your site and alternative web based conveyancing brokers for conveyancing in Highams Park?
At this site secure a conveyancing costs illustration via a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Highams Park. Unlike many estate agents and many comparison sites we do not have commission arrangements with solicitors. Many agents and online brokers 'recommend' the firm paying the highest kickback, as opposed to the best value conveyancing in Highams Park
I am due to assess estimates for conveyancing in Highams Park from numerous solicitor and choose one. Do I instruct them to sit tight until I I have my bid accepted on a house.
We would recommend that you wait to ask your conveyancing practitioner to commence work and apply for searches after the sales memo has been issued by the selling agent particularly as Highams Park conveyancing searches are costly.