We have agreed to purchase a house in Whitefield. A rare aspect is that the roof has a solar panel. HSBC 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 your lender is HSBC your lawyer must follow the formal instructions outlined in Section two of UK Finance Lenders’ Handbook for HSBC. The CML Handbook contains minimum provisions for solar panel roof-space leases, and solicitors are required to report to HSBC where a lease fails to comply with these requirements. The requirements relate to the installation of panels on properties countrywide and is not restricted to Whitefield.
I recently had an offer agreed on a house in Whitefield. My financial adviser recommended their conveyancers. I paid an on account payment of £175. A couple of days later, the property lawyer called me sheepishly admitting that they were not on the RBS 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 RBS 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.
Our offer on a house in Whitefield has been accepted, the owners do however have a tied purchase. The owners have put an offer on somewhere, however it’s not yet agreed to, and have viewings of other flats in the pipeline. I have selected a nearby conveyancing solicitor in Whitefield. What do I do now? When do I get the mortgage application with Yorkshire BS going?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is in the region of £1k, then survey, Whitefield conveyancing search costs, etc). First, you must ensure that your conveyancing practitioner is on the Yorkshire BS conveyancing panel. As to the subsequent steps this very much depends on the uniqueness of your case, motivation for this property and on the state of the market. During a hot market many buyers will apply for a home loan with Yorkshire BS and pay for the valuation and only if it comes back ok would they pay their solicitor to proceed with the conveyancing in Whitefield.
I need some expedited conveyancing in Whitefield as I am faced with a deadline to sign on the dotted line inside 3 weeks. Thankfully I do not need a mortgage. Can I avoid the conveyancing searches to save fees and time?
If.Given you are are a cash buyer you have the choice not to do searches although no law firm would advise that you don't. With lots of history conveyancing in Whitefield the following are instances of issues that can show up and adversely impact market value: Refused Planning Applications, Overdue Charges, Outstanding Grants, Unadopted Roads,...
Are there restrictive covenants that are commonly picked up during conveyancing in Whitefield?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Whitefield. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
About to purchase a new build apartment in Whitefield. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Whitefield
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I have been on the look out for a ground for flat up to £245,000 and identified one close by in Whitefield I like with a park and railway links in the vicinity, however it's only got 52 years on the lease. I can't really find anything else in Whitefield 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 shortness of the lease will be problematic. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
I need to find a conveyancing solicitor for some conveyancing in Whitefield. I have stumble across a site which seems to have the perfect answer If it is possible to get all this stuff completed via phone that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?