I am getting a mortgage offer from Santander. My intention is to instruct a Licensed Conveyancer in Hambleton. Does the Santander Solicitor panel exclude conveyancers regulated by the CLC?

The Santander conveyancing panel is, like many other lenders, associated to the CML or BSA, open to Licensed Conveyancers regulated by the CLC.

I am selling our property in Hambleton and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. A local lawyer would know this is not the case. It does beg the question why the purchasers used an online conveyancing firm rather than a conveyancing solicitor in Hambleton. We have lived in Hambleton for 5 years we know of no issue. Is it a good idea to contact our local Authority to seek confirmation that the buyers are looking for.

It sounds as though you may have a conveyancing solicitor already. What do they say? You need to check with 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 illness)

I used Action Conveyancing a few years past for my conveyancing in Hambleton. Now, I need my documents but cannot find the solicitor. What do I do?

You should contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Hambleton of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

I am looking for a flat up to £235,500 and found one close by in Hambleton I like with open areas and transport links nearby, the downside is that it only has 51 years unexpired on the lease. I can't really find anything else in Hambleton suitable, so just wondered if I would be making a mistake acquiring a short lease?

Should you need a home loan the remaining unexpired lease term will be an issue. Reduce the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you could ask them to commence the lease extension formalities 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.

I am attracted to a couple of maisonettes in Hambleton both have in the region of forty five years left on the leases. should I be concerned?

A lease is a right to use the property for a prescribed time frame. As a lease shortens the value of the lease decreases and results in it becoming more costly to acquire a lease extension. This is why it is generally wise to extend the lease term. It is often difficult to sell a property with a short lease because mortgage lenders less inclined to grant a loan on such properties. Lease enfranchisement can be a difficult process. We recommend you get professional assistance from a solicitor and surveyor with experience in this field.

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

Be sure to discover if there are any onerous prohibitions in the lease. By way of example it is fairly common in Hambleton leases that pets are not permitted in in a block in Hambleton. If you love the flatin Hambleton yet your dog can’t make the move with you then you have a very hard compromise. Is the freehold reversion owned collectively by the leaseholders? You should be aware that where the lease has fewer than 80 years it will affect the salability of the apartment. It is worth checking with your bank that they are willing to to proceed given the lease term. Leases with fewer than 80 years remaining means that you will probably require a lease extension at some point and it is worth finding out how much this would cost. For most Hambletonlease extensions you will need to own the residence for 24 months in order to be entitled to extend the lease.