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Find a Hatch and Old Basing Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Hatch and Old Basing? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Hatch and Old Basing home move at risk of delay or failure.

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Recently asked questions about conveyancing in Hatch and Old Basing

I am aiming to move property in September. Does my conveyancing solicitor update the removal company on the day of completion. On a separate note, can you recommend a removal company in Hatch and Old Basing. Conveyancing solicitor was organised before I stumbled across this page.

On the afternoon of completion you can collect the house keys from the property agent however this can only occur when the sellers lawyers inform the agent that they acknowledge receipt of the completion payment and the keys can be released. Subsequently you will need to tell the removal men that they can start moving you in. As a matter of policy we do not recommend a particular removal organisation but can help you choose a conveyancing in Hatch and Old Basing or a lawyer that specialises in conveyancing in Hatch and Old Basing.

We expect to receive a OIP from Kent Reliance this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Kent Reliance recommend any Hatch and Old Basing solicitors on the Kent Reliance conveyancing panel, or is it better to find our own lawyer?

You will need to appoint Hatch and Old Basing solicitors independently although you'll need to choose one on the Kent Reliance conveyancing panel. The solicitor represents both you and Kent Reliance through the process.

I am selling my flat. I had a double glazing fitted in June 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Barclays are being problematic. The Hatch and Old Basing solicitor who is on the Barclays conveyancing panel is recommending indemnity insurance as a solution but Barclays are insisting on a building regulation certificate. Why do Barclays have a conveyancing panel if they don't accept advice from them?

It is probably the case that Barclays have referred the matter to their valuer. The reason why Barclays may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.

My wife and I are planning on selling our home in Hatch and Old Basing and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. Any high street Hatch and Old Basing conveyancer would know that there is no such problem. It does beg the question why the buyers used a nationwide conveyancing practice rather than a conveyancing solicitor in Hatch and Old Basing. We have lived in Hatch and Old Basing for six years we know that this is a non issue. Do we contact our local Authority to seek confirmation that there is no issue.

It would appear that you have a conveyancing firm 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)

It has been 2 months since my purchase conveyancing in Hatch and Old Basing concluded. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. 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 residence 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.

Yesterday I discovered that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a quick, chain free conveyancing. Hatch and Old Basing is the location of the property. Can you shed any light on this issue?

Flying freeholds in Hatch and Old Basing are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Hatch and Old Basing you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hatch and Old Basing may ascertain 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 premises.

I am attracted to a couple of apartments in Hatch and Old Basing which have in the region of fifty years left on the leases. Will this present a problem?

There are no two ways about it. A leasehold apartment in Hatch and Old Basing is a deteriorating asset as a result of the reducing lease term. The nearer the lease gets to its expiry date, the more it reduces the salability of the premises. The majority of buyers and mortgage companies, leases with under 75 years become less and less attractive. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the premises for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a residence with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Hatch and Old Basing conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

Hatch and Old Basing Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing

    It is important to be aware whether redecorating or some other major work is due shortly to be shared by the leaseholders and may well dramatically impact the level of the maintenance charges or necessitate a one time payment. Does this lease have in excess of 85 years remaining? Can you tell me if there are any major works in the planning that will increase the maintenance charges?

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Find out more about how flying freehold can affect your the value of a property.