Can the conveyancing lawyers that you recommend handle attended exchange conveyancing in Shacklewell?
There are a few conveyancing experts carrying out one day exchanges. You should call us to get a conveyancing quote and details as to dates.
Our lender has recommended solicitors on their panel based in Shacklewell but I would rather choose a conveyancing lawyer in Shacklewell round the corner to me. Are you able to help?
The minority of Shacklewell conveyancing practices are on all banks conveyancing panel. Use our find an approved solicitor tool to identify a Shacklewell conveyancing solicitor on the on the bank panel.
I have been told that property searches are the number one cause of stalling in Shacklewell house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) published determinations of a review by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of hindrances during the legal transfer of property. Local searches are unlikely to feature in any delay in conveyancing in Shacklewell.
Me and my brother purchased a renovated Victorian property in Shacklewell. Conveyancing practitioner acted for me and HSBC Bank. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold under the matching address. I'd like to know for sure, how can I find out??
You need to read the Freehold register you have again and check the Charges Register as there may be 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 Shacklewell and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the situation with the conveyancing solicitor who completed the work.
Over the last few months I have been searching for a flat up to £235,500 and identified one near me in Shacklewell I like with amenity areas and transport links in the vicinity, the downside is that it only has 49 years unexpired on the lease. I can't really find anything else in Shacklewell suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a mortgage the remaining unexpired lease term may be problematic. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of twenty four months you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
Our conveyancer in Shacklewell has uncovered a defect with the lease for the apartment we are purchasing in Shacklewell. The seller’s lawyers have offered title insurance as a workaround. We are happy with insurance and will cover the costs. Our lawyer says that as he is on the mortgage company conveyancing panel he must ensure that the lender is happy with this solution. Are we the client or is the lender?
Just because you have a mortgage offer from the lender does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your Shacklewell conveyancing lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook Requirements. You and the lender are the client. These conveyancing instructions must be adhered to by the mortgage company conveyancing panel who has to balance acting for you and the mortgage company