I require conveyancing for a flat in a relatively new development (five years built) in Hockley. 95% of the properties are already disposed of. Is it really necessary to order local searches as part of conveyancing in Hockley?
If you are acquiring a property with the assistance of a mortgage, your bank will insist on some (many) of the searches so you'll have no choice. If not, then Hockley conveyancing searches are optional. No doubt your conveyancer, will ’encourage’, perhaps in the strongest possible terms, that you should not go ahead without searches, but he or she has a professional duty to do this. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you choose to instruct your lawyer to proceed without searches then your lawyer will have to follow your instructions or ask you to appoint a different lawyer for your conveyancing in Hockley.
Completed the sale of my flat in Hockley last August but the buyer keeps telephoning daily complaining that her conveyancer is waiting to hear from mysolicitor. What should my lawyer have done now that I have sold?
Post completion of your disposal your solicitor is obliged to deliver the transfer deeds and all supplemental paperwork to the buyer’s solicitors. Where appropriate, your conveyancer should also confirm that the mortgage has been repaid to the purchasers solicitors. There is unlikely to be post completion steps just for conveyancing in Hockley.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Hockley?
Two types of professional can do conveyancing in Hockley namely licenced conveyancers or solicitors. The two can handle the legal services that required to complete the disposal or acquisition of property. Both are obliged to conduct Hockley conveyancing to the same quality and guidelines so you can be safe in the knowledge that your conveyancing will be professionally administered and that all requisite steps should be accurately adhered to.
We are buying a 3 bedroom semi in Hockley. We would like to an extension at the rear at the property.Will the conveyancing process involve investigations to ascertain if these works are allowed?
Your conveyancer will check the deeds as conveyancing in Hockley will sometimes reveal restrictions in the title deeds which restrict categories of changes or require the consent of another owner. Many works require local authority planning permissions and approval in compliance with building regulations. Certain areas are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be wise to check these issues with a surveyor prior to committing yourself to a purchase.
I have instructed a Hockley property lawyer having checked that they are on the HSBC conveyancing panel. Does my lawyer arrange the survey of the property?
HSBC will need an independent valuation of the property. Your lawyer will not arrange this. Usually HSBC will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Hockley postcode. As you are getting a mortgage with HSBC, you could contact them to see if they have a list of approved surveyors in Hockley.
I am looking into buying my first house which is in Hockley and I am already nervous. I couldn't find anything specific about Hockley. Conveyancing will be needed in due course but do you know about the Hockley area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Hockley. In the meantime here are some basic statistics that we found
Having checked my lease I have discovered that there are only Sixty One years remaining on my flat in Hockley. I now wish to extend my lease but my landlord is can not be found. What are my options?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the magistrate. You will be obliged to demonstrate that you or your lawyers have made all reasonable attempts to locate the freeholder. For most situations an enquiry agent should be useful to try and locate and to produce a report to be used as proof that the landlord is indeed missing. It is wise to seek advice from a property lawyer in relation to devolving into the landlord’s absence and the vesting order request to the County Court overseeing Hockley.
I am the registered owner of a 2 bed flat in Hockley, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable properties in Hockley with an extended lease are worth £201,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease comes to an end on 21st October 2084
With only 65 years left to run we estimate the premium for your lease extension to be between £13,300 and £15,400 plus professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first seeking the advice of a professional.