Last August we completed a house move in Mill Hill. We have noticed several issues with the house which we consider were omitted in the conveyancing searches. Is there anything we can do? Can you clarify the type of searches that needed to have been conducted for conveyancing in Mill Hill?
It is not clear from the question as what problems have arisen and if they are unique to conveyancing in Mill Hill. Conveyancing searches and investigations undertaken as part of the legal transfer of property are supposed to help avoid problems. As part of the process, a property owner fills in a form referred to as a SPIF. If the information turns out to be inaccurate, you may have a misrepresentation claim against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Mill Hill.
We had selected conveyancers based in Mill Hill on the HSBC solicitor approved list. They are now charging me an additional amount for handling the HSBC mortgage. Is this a supplemental conveyancing fee specified by HSBC?
Provided it is contained in their Terms and Conditions or Quote then yes your lawyer can charge a fee for this. The charge is not set by HSBC but by your Mill Hill lawyer. Plenty of firms on the HSBC panel will levy ’dealing with mortgage’ fee and others do not.
Can I be sure that the Mill Hill conveyancing solicitor on the TSB panel is any good?
When it comes to conveyancing in Mill Hill obtaining recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always suggest that you speak with the lawyer conducting your conveyancing.
At last I have had an offer on an apartment in Mill Hill agreed to, the vendors do nevertheless have a tied purchase. The owners have offered on a flat, however it’s not yet tied up, and are looking at other properties in the pipeline. I have chosen a high street conveyancing solicitor in Mill Hill. What do I do now? When should I get the mortgage application with Aldermore started?
It is understandable to have anxieties where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is approx £1k, then survey, Mill Hill conveyancing search charges, etc). The first thing to do is check that your solicitor is on the Aldermore approved list. Concerning the next stages this very much depends on the circumstances of your transaction, motivation for the property and on the state of the market. During a buoyant market many home buyers would apply for a home loan with Aldermore and pay for the valuation and only if it was satisfactory would they pay their property lawyer to press on with the conveyancing in Mill Hill.
About to purchase a new build flat in Mill Hill. Conveyancing is a frightening process 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 conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Mill Hill
Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
I have been on the look out for a leasehold apartment up to £305k and found one round the corner in Mill Hill I like with a park and railway links in the vicinity, the downside is that it's only got 61 years on the lease. There is not much else in Mill Hill suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a mortgage the remaining unexpired lease term may be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least 2 years you could ask them to start the process of the extension and pass 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 regarding this.
I'm remortgaging my primary property to a buy to let loan with Bank of Scotland and I will use the ballance of the raised equity towards a second property. The neighborhood we are interested in is Mill Hill. Will your lawyers be able to act for both sets of banks and link together the two deals?
Make use of our search tool on this site to check that the solicitors are on the appropriate lender panels. Assuming that they are your lawyer will be able to simultaneously deal with the two conveyancing matters but you should talk with you lawyer and make clear your desired outcome and needs.