Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Hurst Green. My lender is Tesco Bank

Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 2/12/2018, the requirements read as follows :

I happen to be the single recipient of my late grandmother’s will with all property in now in my sole name, including the house in Hurst Green. The Hurst Green property was put into my name in November. I now wish to sell up. I do know about the CML six month 'rule', which means that my proprietorship could be considered the same way as though I had purchased the property in November. Do I have to wait 6 months to sell?

The CML handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be caught by that. many mortgage companies would take a practical view as this clause is chiefly there to capture subsales or the quick reselling of property.

We previously selected solicitors locally in Hurst Green on the Barclays solicitor approved list. They are now charging me a supplemental sum for dealing with the Barclays mortgage. Is this an additional conveyancing fee specified by Barclays?

As unfair as it may seem, as long as it’s in their Terms of Engagement or estimate then yes your conveyancing practitioner can levy a fee for this. This charge is not dictated by Barclays but by your Hurst Green lawyer. Numerous firms on the Barclays panel will quote ’dealing with mortgage’ fee and others do not.

My husband and I are spending time viewing houses in Hurst Green and I am now considering a potential offer. Is it wise to have a lawyer on ‘stand by’? I intend to finance via a mortgage with Yorkshire BS.

You should start requesting conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the selling agent. Given that you are getting a mortgage with Yorkshire BS, make sure you remember to check that your lawyer is on the Yorkshire BS conveyancing panel.

The estate agent has sent us the confirmation of our purchase of a new build flat in Hurst Green. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Hurst Green

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

I'm refinancing my existing house to a buy to let loan with Birmingham Midshires and I will use the ballance of the raised equity as a deposit on another property. The area we are looking at is Hurst Green. Will your conveyancers be able to act for the two banks and tie in the transactions?

Make use of our search tool on this page to be sure that the conveyancers are on the relevant lender panels. Assuming that they are your solicitor will be able to connect the two deals but you should have a chat with you solicitor and communicate your expectations and needs.

Our conveyancer has advised that he intends to complete and exchange simultaneously on the sale of our £250,000 apartment in Hurst Green next week. The freeholder has quoted £372 for Certificate of Compliance, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Hurst Green?

Hurst Green conveyancing on leasehold apartments usually requires the buyer’s lawyer submitting questions for the landlord to address. Although the landlord is under no legal obligation to answer these enquiries the majority will be willing to do so. They are entitled to charge a reasonable administration fee for answering questions or supplying documentation. There is no set fee. The average costs for the paperwork that you are referring to is over three hundred pounds, in some cases it exceeds £800. The management information fee levied by the landlord must be accompanied by a summary of rights and obligations in relation to administration charges, without which the charge is technically not due. In reality one has little option but to pay whatever is demanded if you want to sell the property.

Hurst Green Conveyancing for Leasehold Flats - A selection of Questions you should consider Prior to Purchasing

Make sure you enquire if there are any onerous restrictions in the lease. For instance plenty of leases prohibit pets being permitted in in a block in Hurst Green. If you like the propertyin Hurst Green however your dog can’t move with you then you will be presented with a difficult determination. How long is the Lease? What prohibitions are there in the Hurst Green Lease?