The Hartford conveyancing firm handling our Hartford conveyancing has spotted a discrepancy between the assumptions in the valuation survey and what is revealed within the legal papers for the property. My lawyer informs me that he needs to ensure that the bank is OK with this discrepancy and is still content to lend. Is my lawyer’s approach legitimate?
Your lawyer must comply with the UK Finance Lenders’ Handbook requirements which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
We note that you have a search directory listing firms on the Bank of Ireland conveyancing panel. Do companies pay you a referral fee if I retain them for our own conveyancing in Hartford?
We are a listing service only for law firms wishing to communicate if they are on the Bank of Ireland conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Hartford.
I've recently found out that there is a flying freehold element on a house I have offered on last month in what was supposed to be a straight forward, chain free conveyancing. Hartford is the location of the property. Can you shed any light on this issue?
Flying freeholds in Hartford are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Hartford you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hartford 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 property.
I am looking into buying my first house which is in Hartford and I am already nervous. I couldn't find anything specific about Hartford. Conveyancing will be needed in due course but do you know about the Hartford area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Hartford. In the meantime here are some basic statistics that we found
Having checked my lease I have discovered that there are only 72 years unexpired on my lease in Hartford. I now want to extend my lease but my freeholder is missing. What should I do?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be extended by the magistrate. You will be obliged to prove that you have done all that could be expected to locate the landlord. For most situations a specialist would be useful to conduct investigations and prepare an expert document to be accepted by the court as evidence that the landlord is indeed missing. It is advisable to get professional help from a solicitor both on proving the landlord’s absence and the application to the County Court overseeing Hartford.
Leasehold Conveyancing in Hartford - A selection of Questions you should ask Prior to Purchasing
How much is the service charge and ground rent on the apartment? Its a good idea to find out as much as possible about the company managing the block as they will either make living at the property much simpler or problematic. As the proprietor of a leasehold property you are often in the clutches of the managing agents both financially and when it comes to day to day matters such as the tidiness of the communal areas. Ask other tenants if they are happy with them. Finally, investigate as to the dates that the maintenance charges are due to the appropriate party and precisely what it includes. Many Hartford leasehold properties will have a service bill for maintenance of the block levied on behalf of the landlord. Should you purchase the flat you will have to meet this contribution, normally periodically during the year. This could differ from a few hundred pounds to thousands of pounds for bigger purpose-built buildings. In all probability there will be a rentcharge to be met yearly, normally this is not a exorbitant sum, say about £25-£75 but you should to check as sometimes it can be prohibitively expensive.