I am considering mortgaging my house in Hither Green, does my lawyer need to be on the Clydesdale Conveyancing panel?
There is nothing to stop you using your solicitor, but Clydesdale will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
How does conveyancing in Hither Green differ for new build properties?
Most buyers of new build premises in Hither Green come to us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because builders in Hither Green tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Hither Green or who has acted in the same development.
I'm refinancing my existing home to a BTL mortgage with Lloyds TSB Bank and intend to use the remaining equity as a down payment on another house. The area we are looking at is Hither Green. Will your lawyers be able to act for the two banks and link together the conveyances?
Make use of our search tool on this site to check that the lawyers are on the relevant lender panels. Having checked that they are your conveyancer will be able to simultaneously deal with the two transactions but you should have a chat with you solicitor and communicate your desired outcome and needs.
As co-executor for the will of my aunt I am disposing of a residence in Cardiff but reside in Hither Green. My conveyancer (based 200 kilometers from mehas requested that I execute a stat dec ahead of completion. Could you suggest a conveyancing practitioner in Hither Green to witness this legal document for me?
strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will suffice regardless of whether they are Hither Green based
I am looking at a two flats in Hither Green both have about forty five years left on the leases. Should I regard a short lease as a deal breaker?
A lease is a right to use the property for a period of time. As the lease shortens the value of the lease decreases and it becomes more costly to acquire a lease extension. For this reason it is generally wise to increase the term of the lease. It is often difficult to sell a property with a short lease as mortgage companies may be reluctant to lend money on such properties. Lease enfranchisement can be a protracted process. We recommend you seek professional help from a solicitor and surveyor with experience in this area.
I have given up trying to purchase the freehold in Hither Green. Can this matter be resolved via the Leasehold Valuation Tribunal?
in cases where there is a missing freeholder or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to determine the premium.
An example of a Freehold Enfranchisement case for a Hither Green property is 18 Handen Road in April 2013. On 26 October 2012 District Judge Zimmels sitting at the Lambeth County Court made a Vesting Order that the Applicants be granted the right to acquire the freehold upon such terms and at such price determined by the LVT. The Tribunal arrived a figure of £39,535 as a valuation for the enfranchisement. This case was in relation to 3 flats. The number of years remaining on the existing lease(s) was 69.05 years.
My fiance and I have just had an offer accepted on a property and had an appointment on Friday with HSBC for the mortgage. They warned us that when it comes to appointing a conveyancer that if they are not on their approved list of conveyancers then we will be subject to an a further fee of £250+. This is because they will then have to select a property lawyer to act on their behalf in addition to the one we choose to act for ourselves and we assume responsibility for their costs. I have requested HSBC to send me with a list so I can request quotes only from their approved solicitors but was told that I need to check with each individual solicitor to see if they are on the panel. Is there a list online?
Ask HSBC what their panel criteria is for a conveyancer.Then ask the solicitor of your choice whether they fit that criteria and have they acted on loans for HSBC before. If the answer to those is yes, then just clarify this with HSBC. Alternatively please make use of our search facility and we should be able to find you a lawyer in Hither Green on the panel for HSBC.