My wife and I are about to complete on the purchase of a property in Hoddesdon but as a consequence of damage from the recent storms I have was able negotiate reparation from the owner in the sum of three thousand pounds taking the form of a reduction in the price. This was going to be dealt with as part of a side agreement yet Yorkshire BS will not agree to this. Should they have been involved?
Any property lawyer that is on a Yorkshire BS conveyancing panel is required to advise Yorkshire BS of any amendments to the purchase price. If you were to refuse your conveyancer to report the price change to Yorkshire BS then they would have to discontinue acting for you. In addition, Yorkshire BS and you would have to appoint a new conveyancer for your conveyancing in Hoddesdon.
Have just purchased a probate house at auction in Hoddesdon. Conveyancing is required. What are my next steps?
Given that you are now exchanged you will need to find a conveyancing practitioner quickly as you will have a tight a fixed date to complete the conveyancing. All auction property will ordinarily have a corresponding auction pack. This should include the copy title deeds, local authority and drainage searches. If you have purchased leasehold premises the auction papers may provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation pertinent to leasehold premises. You should hand this to the solicitor instructed by you at the earliest opportunity. Do make sure that your finances are in order to complete on the date specified in the contract.
I am buying a property in Hoddesdon. An unusual aspect is that the roof has a solar panel. Nottingham have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Nottingham your lawyer must follow the conveyancing instructions outlined in Part two of UK Finance Lenders’ Handbook for Nottingham. The CML Handbook includes minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to Nottingham where a lease does not comply with these specifications. The specifications relate to the installation of panels on properties countrywide and is not limited to Hoddesdon.
I recently had an offer agreed on an apartment in Hoddesdon. My financial adviser pressured me to appoint their property lawyer. I paid an on account payment of £225. Not long after, the lawyer called me sheepishly admitting that they were not on the Leeds Building Society 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 Leeds Building Society 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.
I have justfound out that Arc property Solicitors have closed. They carried out my conveyancing in Hoddesdon for a purchase of a leasehold apartment 9 months ago. How can I establish that my home is in my name in the name of the previous owner?
The easiest way to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Hoddesdon conveyancing specialists.
How does conveyancing in Hoddesdon differ for new build properties?
Most buyers of new build or newly converted property in Hoddesdon approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is constructed. This is because new home sellers in Hoddesdon 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 Hoddesdon or who has acted in the same development.
Planning to exchange soon on a leasehold property in Hoddesdon. Conveyancing lawyers assured me that they report fully tomorrow. What should I be looking out for?
The report on title for your leasehold conveyancing in Hoddesdon should include some of the following:
Responsibility for repairing the window frames The total extent of the premises. This will be the property itself but may include a roof area or basement if applicable. The landlord’s rights to access the property. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. Whether your lease has a provision for a slush fund for major works? Specifying your rights in relation to common areas in the building.E.G., does the lease grant a right of way over a path or staircase?
Leasehold Conveyancing in Hoddesdon - A selection of Questions you should ask before buying
The prefered form of lease arrangement is a share of the freehold. In this situation the tenants have control and even though a managing agent is usually employed where it is larger than a house conversion, the managing agent employed by the leaseholders. The answer will be useful as a) areas could cause problems for the block as the common areas may start to deteriorate where maintenance are not paid for b) if the leasehold owners have an issue with the running of the building you will wish to know about it Be sure to find out if there is anything that is prohibited in the lease. By way of example it is very common in Hoddesdon leases that pets are not permitted in in a block in Hoddesdon. If you like the propertyin Hoddesdon however your cat can’t live with you then you will be faced difficult choice.
My brother-in-law has suggested I instruct a conveyancing solicitor in Hoddesdon. I I would like to check if they are on the bank's approved list of lawyers. Can you help?
You should contact the conveyancer to check if they are on the bank's approved list. Alternatively please call us and we can investigate and revert. If they are not on the lender panel we we can help find a quality conveyancing solicitor in Hoddesdon on the panel for your mortgage company.