My IFA has requested my Harwell solicitor’s panel reference for the HSBC conveyancing panel. Can you suggest how I find this out. I have contacted my local Harwell office but they have not got back to me yet.
You are best placed to get this information from your Harwell lawyer . They retain a central record lender panel numbers.
Have purchased a a terraced house in Harwell , What is the estimated time for the Land Registry to deal with the formalities evidencing the transfer to my name? My Harwell conveyancing solicitor works at snail pace, so I want to be certain the registration formalities are addressed.
As far as conveyancing in Harwell registration is no quicker or slower than anywhere else in the country. As opposed to being determined by geographic area, timeframes can differ according to who lodges the application, whether there are errors and if the Land registry communicate with any interested parties. Currently approximately 80% of such applications are completed within two weeks but occasionally there can be longer hold-ups. Historically registration is effected once the buyer has moved in to the premises so an expedited registration is not typically top priority yet if there is a degree of urgency associated with the registration then you or your solicitor must communicate with the Registry to express the reasoning for the application to be prioritised.
I am looking for a ground for flat up to £235,500 and identified one round the corner in Harwell I like with a park and transport links in the vicinity, the downside is that it's only got 49 years unexpired on the lease. There is not much else in Harwell in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a mortgage the shortness of the lease may be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you can request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor about this.
I need to instruct a conveyancing solicitor in Harwell for my house move. Is there any facility to check a firm’s complaints history with the profession’s regulator?
You may find presented Solicitor Regulator Association (SRA) determinations stemming from investigations from 2008 onwards. Visit Check a solicitor's record. For details Pre 2008, or to check a solicitors record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, dial +44 (0)121 329 6800. The SRA may monitor call for training reasons.
I would like to rent out my leasehold flat in Harwell. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for permission?
The lease dictates the relationship between the landlord and you the leaseholder; in particular, it will set out if subletting is prohibited, or permitted but only subject to certain conditions. The accepted inference is that if the lease contains no expres ban or restriction, subletting is permitted. Most leases in Harwell do not contain strict prohibition on subletting – such a clause would adversely affect the market value the property. In most cases there is simply a requirement that the owner notifies the freeholder, possibly supplying a duplicate of the tenancy agreement.
Leasehold Conveyancing in Harwell - A selection of Questions you should ask before Purchasing
Is the freehold owned collectively by the tenants? Please note if it is no more than eighty years it will have adverse implications on the marketability of the flat. Check with your bank that they are willing to lend given the lease term. Leases with less than 80 years remaining means that you will most likely need a lease extension at some point and it is worth discovering what this will be. Remember, in most cases you would be be obliged to have been the owner of the residence for a couple of years before you are entitled to exercise a lease extension. How long is the Lease?