My partner and I are purchasing our first home. Our conveyancer has e-mailedto check if we would like to order additional conveyancing searches. Frankly we in the dark as to what's recommended for conveyancing in Long Hanborough
The scope of Long Hanborough conveyancing searches depends primarily on the property, the location, the possibility of any of these risks, your familiarity of the region and risks, your general attitude to risk. What matters is that you properly appreciate what information each search could supply. Then you can make a decision if you consider that you need that search. Where you are unclear, ask your conveyancing practitioner to explain.
I purchased a freehold property in Long Hanborough yet pay rent, why is this and what is this?
It is rare for properties in Long Hanborough and has limited impact for conveyancing in Long Hanborough but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
Forgive me if this question is silly but I am new to the house moving as FTB of a garden flat in Long Hanborough. Do I collect the keys to the premises on completion from my solicitor? If this is the case, I will instruct a local conveyancing solicitor in Long Hanborough?
There is no need to visit the lawyers office on the day of completion. Your solicitors will electronically transfer the completion advance to the owner’s solicitors, and once they have received this, you should be called to pick up the keys from the Estate Agents and move into your new home. Usually this happens early afternoon.
We have agreed to purchase a house in Long Hanborough. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Aldermore be concerned?
Given that you are obtaining a mortgage with Aldermore your lawyer must follow the conveyancing instructions set out in Part 2 of UK Finance Lenders’ Handbook for Aldermore. The Council of Mortgage Lenders’ Handbook contains minimum specifications for solar panel roof-space leases, and conveyancers are required to report to Aldermore where a lease fails to meet these specifications. The conditions relate to the installation of panels on properties in England and Wales and is not limited to Long Hanborough.
I have today made my last payment due on my mortgage with Aldermore. I assume I don't need a Long Hanborough conveyancing practitioner on the Aldermore panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Aldermore mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Aldermore mortgage from the register. Aldermore, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Aldermore has sent the Land Registry the discharge electronically, and
- Aldermore has instructed the Land Registry to do so
In my capacity as executor for the estate of my uncle I am disposing of a property in Swansea but live in Long Hanborough. My lawyer (who is 200 kilometers from meneeds me to execute a stat dec before completion. Could you suggest a conveyancing practitioner in Long Hanborough to witness this legal document for me?
strictly speaking you should not need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are based in Long Hanborough
There are only 72 years unexpired on my flat in Long Hanborough. I am keen to get lease extension but my landlord is can not be found. What are my options?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the Court. You will be obliged to demonstrate that you or your lawyers have done all that could be expected to track down the freeholder. In some cases a specialist would be helpful to carry out a search and to produce an expert document which can be accepted by the court as proof that the freeholder is indeed missing. It is advisable to get professional help from a conveyancer both on proving the landlord’s absence and the vesting order request to the County Court covering Long Hanborough.
Leasehold Conveyancing in Long Hanborough - Examples of Questions you should consider Prior to Purchasing
Please note if it is less than eighty years it will affect the marketability of the property. Check with your lender that they are content with remaining years on the lease. Leases with less than 80 years remaining means that you will probably have to extend the lease at some point and you need to have some idea of what this will be. Remember, in most cases you would need to own the premises for a couple of years in order to be entitled to exercise a lease extension. How long is the Lease? How is the lease structured?
My lender have just issued us with a mortgage offer. We instructed a reputable conveyancer in Long Hanborough yesterday. A couple of hours ago, our financial adviser contacted us saying that the lender said that we cannot use our solicitor as they aren't on their 'approved list'. As novices, we had no idea that the lender had a say Is this usual?
You are permitted to instruct any conveyancing solicitor you want to use for your conveyancing in Long Hanborough however if they are not on the your bank's approved list you would have to incur an extra fee so your bank can appoint their own solicitors as well to protect their interest. On occasion it is possible your solicitor may apply to get included on to the lender list of approved firms. Do make the most of internet search facilities including lenderpanel.com to find a conveyancing solcitor in Long Hanborough on the bank panel. You can go into your local mortgage company branch in Long Hanborough. They can recommend conveyancing solicitors in Long Hanborough on the approved list.