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Recently asked questions about conveyancing in Hanslope

We chose a local lawyer for our conveyancing in Hanslope last week. Upon checking the official terms of business it is apparent thatI am on the hook for fees even where the conveyance does not complete. Would I be best advised to appoint a web based firm offering no-sale-no-fee conveyancing in Hanslope?

Generally there is a compromise along the lines that if "No Sale No Fee" is advertised then the fee levels will generally be higher to neutralise the cases that fail to complete. Do bear in mind that such offerings generally do not cover disbursements for example Hanslope conveyancing search fees.

It is a dozen years since I purchased my property in Hanslope. Conveyancing solicitors have now been appointed on the sale but I am unable to locate the title documents. Will this jeopardise the sale?

You need not be too concerned. First there is a possibility that the deeds will be with your lender or they may be in the possession of the lawyers who handled the purchase. Secondly the chances are that the title will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers procuring current official copies of the land registers. Most conveyancing in Hanslope relates to registered property but in the rare situation where your property is not registered it is more problematic but is resolvable.

3 months have gone by since my purchase conveyancing in Hanslope completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I am buying a new build apartment in Hanslope. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Hanslope

    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. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. 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. Forfeiture - bankruptcy or liquidation must not apply under this provision.

Back In 2005, I bought a leasehold house in Hanslope. Conveyancing and Barnsley Building Society mortgage went though with no issue. A letter has just been received from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1997. The conveyancing solicitor in Hanslope who previously acted has now retired. What should I do?

The first thing you should do is contact the Land Registry to make sure that this person is in fact the new freeholder. It is not necessary to instruct a Hanslope conveyancing practitioner to do this as you can do this on the Land Registry website for a few pound. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Hanslope Leasehold Conveyancing - A selection of Questions you should ask before Purchasing

    How many of the leaseholders are in arrears for their service charge payments? Generally speaking the cost for major works tend not to be built into the service charges, albeit that a few managing agents in Hanslope obliged tenants to contribute towards a sinking fund created for the specific purpose of building a fund for larger works. How long is the Lease?

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