My husband and I are intent on buying a maisonette in West Hampstead. My property lawyer is not on the bank approved panel. Can I still continue with my West Hampstead conveyancing solicitor notwithstanding that they are excluded from the mortgage company list of approved lawyers?
One will need to use a solicitor to deal with the legal work required if you take out a loan to buy your property. The lawyer will conduct all the essential investigations on the property, make sure that you will be properly registered as the owner and ensure that all the required mortgage paperwork is in order. You can select a West Hampstead property lawyer of your choosing. However, if the solicitor appointed is not on the lender approved list further charges will be levied as separate legal representation will be required by them. Lender panel applications may be submitted, so where your lawyer has not historically applied for membership they should take the chance to apply.
Me and my partner are about to exchange on the purchase of a house in West Hampstead but as a consequence of damage from the recent storms I have managed to agree reparation from the owner of £2k taking the form of a reduction in the price. I had intended this to be dealt with as part of the conveyancing process however Skipton will not agree to this. Should they have been notified?
Any conveyancer that is on the Skipton approved list is obliged to disclose to Skipton of any amendments to the purchase price. If you prohibit your conveyancer to disclose the reduction to Skipton then they would have to discontinue acting for you. In addition, Skipton and you would have to appoint a new property lawyer for your conveyancing in West Hampstead.
We just had an offer accepted to purchase with Earl Shilton BS. We have called around locally yet am unable to find a West Hampstead conveyancing firm on the Earl Shilton BS approved list. Could you help?
You should take advantage of the find a conveyancing panel solicitor tool on this page. Please choose the lender and type West Hampstead or your preferred area and you will discover a number of lawyer based in West Hampstead or nearest you.
I've recently found out that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a quick, chain free conveyancing. West Hampstead is where the house is located. Is there any guidance you can give?
Flying freeholds in West Hampstead are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside West Hampstead you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in West Hampstead may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Is it possible to switch conveyancer as I need to instruct one who is on the Barnsley Building Society conveyancing panel. I instructed a family conveyancing solicitor in West Hampstead five minutes from me but he is not accepted by Barnsley Building Society
It would be our pleasure to assist you find a conveyancing solicitor in West Hampstead on the Barnsley Building Society panel. Please note that the law firms that we list do not pay us a referral fee if you instruct them and are fully regulated by the SRA who oversee all conveyancing solicitors in West Hampstead. Using search facility on this site, you can compare and instruct different solicitors and conveyancers both nationally and in West Hampstead.
Following months of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in West Hampstead. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most certainly. We can put you in touch with a West Hampstead conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a West Hampstead residence is Flat A 372 Cricklewood Lane in January 2013. The Tribunal decided that the premium for the extended lease should be £5,750.00 and that the terms of the new lease should be those set out in annex to the decsion This case affected 1 flat.
Are there common problems that you witness in leases for West Hampstead properties?
There is nothing unique about leasehold conveyancing in West Hampstead. Most leases are individual and drafting errors can result in certain sections are erroneous. The following missing provisions could result in a defective lease:
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Insurance obligations
A defective lease can cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Santander, Norwich and Peterborough Building Society, and Platform Home Loans Ltd all have very detailed requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to grant the mortgage, obliging the purchaser to withdraw.