I am assisting my mother sell her house in Marston Moretaine. Will the solicitor commission the EPC or it is for me to coordinate?
Following the abolition of HIPs, energy assessments was kept a compulsory component of moving house. An energy assessment must be to hand before the property is marketed. This is not something that lawyers ordinarily arrange. If you are using a Marston Moretaine conveyancing lawyer they may help arrange EPC’s due to their contacts with reputable local accredited person
We had instructed conveyancing lawyers located in Marston Moretaine on the Nottingham solicitor approved list. They are now charging me a separate amount for dealing with the Nottingham mortgage. Is this an additional conveyancing fee set by Nottingham?
As unfair as it may seem, as long as it’s in their Terms and Conditions or estimate then yes your conveyancing practitioner may levy a fee for this. This charge is not dictated by Nottingham but by your Marston Moretaine property lawyer. Numerous firms on the Nottingham panel will quote an ‘acting for lender’ fee and others do not.
HSBC have agreed my mortgage in principle, my bid on a flat in Marston Moretaine has been accepted, what are the next steps?
Your estate agent will wish to know who your solicitors are (ensure that the property lawyers are on the lender’s panel). Call up HSBC or the broker and complete any appropriate documentation. HSBC will appoint a valuer who will get in contact with the estate agent or vendor to schedule an appointment. Once carried out (assuming no problems) it takes approximately a week for the mortgage offer to be issued. HSBC 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 Marston Moretaine.
I am close to exchanging contracts on the sale of our house in Marston Moretaine and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. A local conveyancer would know this is not the case. It does beg the question why the buyers instructed an online conveyancing firm as opposed to a conveyancing solicitor in Marston Moretaine. We have lived in Marston Moretaine for 4 years we know of no issue. Should we contact our local Authority to obtain confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing firm currently acting for you. 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 ailment)
Me and my brother own a 4 bedroom Victorian house in Marston Moretaine. Conveyancing lawyer acted for me and Santander. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold under the matching address. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Marston Moretaine and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with the conveyancing lawyer who conducted the purchase.
Over the last few months I have been searching for a ground for flat up to £195,000 and found one round the corner in Marston Moretaine I like with amenity areas and transport links nearby, the downside is that it only has 61 remaining years left on the lease. I can't really find anything else in Marston Moretaine in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
If you require a mortgage that many years may be problematic. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least 2 years you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.
I am tempted by the attractive purchase price for a couple of apartments in Marston Moretaine which have approximately 50 years unexpired on the leases. Will this present a problem?
A lease is a legal document that entitles you to use the premises for a prescribed time frame. As the lease shortens the value of the lease decreases and results in it becoming more expensive to extend the lease. For this reason it is often a good idea to extend the lease term. It is often difficult to sell a property with a short lease as mortgage lenders less inclined to grant a loan on properties of this type. Lease extension can be a difficult process. We advise that you get professional help from a conveyancer and surveyor with experience in this arena.
Marston Moretaine Conveyancing for Leasehold Flats - Sample of Questions you should consider Prior to buying
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Does the lease include onerous restrictions? The prefered form of lease structure is a share of the freehold. In this scenario the leaseholders enjoy control and even though a managing agent is usually employed where the building is bigger than a house conversion, the managing agent acts for the leaseholders themselves. It would be a good idea to investigate if there are any onerous prohibitions in the lease. By way of example plenty of leases prohibit pets being permitted in certain buildings in Marston Moretaine. If you like the propertyin Marston Moretaine but your cat is not allowed to make the move with you then you will be faced hard compromise.
My father-in-law mentioned that when selecting a conveyancing firm they need approved by your bank. I am a FTB but I have an AIP via Nat West Bank and I already have a local conveyancing solicitor in Marston Moretaine lined up. Will Halifax require an approved conveyancer to be used? If so, where can I find that list so I can appoint a conveyancing lawyer in Marston Moretaine?
You need to choose a solicitor that is on the Halifax panel. The simplest thing to do is ring your preferred Marston Moretaine conveyancing lawyer and ask if they are on the Halifax panel. If they are not approved you have a couple of alternatives open to you here:
- Proceed with your existing Marston Moretaine conveyancer but Halifax will undoubtedly retain a conveyancing practitioner from their approved panel. The net result is additional fees and potential interruption.
- Get a fresh conveyancing practitioner to act in the purchase, obviously checking they are on the Halifax conveyancing panel.
- Convince your property lawyer to attempt to join the lender panel.