Me and my partner are purchasing a flat in Hillingdon. My Solicitor is not on the lender conveyancing list. Am I still permitted to appoint my Hillingdon conveyancing solicitor even though they are excluded from the mortgage company panel of approved conveyancing solicitors?
One must use a property lawyer to complete the legal work required when you require a mortgage to purchase your home. The property lawyer will carry out all the relevant due diligence on the property, ensuring that you’re properly registered as the owner and ensure that all the required mortgage documentation is in place. One could instruct a Hillingdon lawyer of your choosing. However, where the conveyancer appointed is not on the mortgage company conveyancing panel further costs will be incurred as separate legal representation will be need by the lender. Lender panel applications can be submitted, so if your conveyancer has not previously applied for membership they should do so.
Our grandson is purchasing a new build apartment in Hillingdon with a mortgage from HSBC. His lawyer has advised him of a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The document is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the HSBC conveyancing panel as a standard part of the process, and to the surveyor when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the HSBC conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I am selling our property in Hillingdon and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. A high street Hillingdon conveyancer would know this is not the case. For the life of me I don't know why the purchasers are using a nationwide conveyancing firm rather than a conveyancing solicitor in Hillingdon. Having lived in Hillingdon for six years we know of no issue. Should we contact our local Authority to seek clarification need.
It sounds as though you may have a conveyancing solicitor already. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
I used Arc property Solicitors several years ago for my conveyancing in Hillingdon. I now require my papers however the law firm has closed. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Hillingdon of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Over the last few months I have been searching for a flat up to £245,000 and found one near me in Hillingdon I like with amenity areas and station in the vicinity, the downside is that it only has 51 years unexpired on the lease. I can't really find anything else in Hillingdon for this price, so just wondered if I would be making a mistake buying a short lease?
If you require a home loan the remaining unexpired lease term will be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.
What is the average conveyancing fee for conveyancing in Hillingdon?
The average cost last year for conveyancing in Hillingdon was just under one thousand five hundred pounds not including Stamp Duty and HMLR fees.