My Conveyancer in Petts Wood has never been on on the HSBC Bank Solicitor Panel. Can I still use my prefered solicitor notwithstanding that they are excluded from the HSBC Bank approved list?
Your options are as follows:
- Complete the purchase with your preferred Petts Wood lawyers but HSBC Bank will need to use a lawyer on their panel. This will inevitably rack up the overall conveyancing charges and result in delays.
- Find an alternative lawyer to act in the purchase, not forgetting to check they are Convince your solicitor to use their best endeavours to join the HSBC Bank conveyancing panel
I require expedited conveyancing in Petts Wood as I have an ultimatum to exchange contracts inside 4 weeks. Luckily I do not need a mortgage. Can I escape the need for conveyancing searches to save money and time?
If.Given you are not getting a home loan you have the choice not to do searches although no lawyer would advise that you don't. With plenty of history conveyancing in Petts Wood the following are instances of what can appear and adversely impact market value: Refused Planning Applications, Outstanding Fees, Overdue Grants, Road Schemes,...
Due to the input of my in-laws I had a survey completed on a property in Petts Wood prior to instructing conveyancers. I have been informed that there is a flying freehold aspect to the house. Our surveyor advised that some mortgage companies will not issue a mortgage on such a house.
It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. If you call us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Petts Wood. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm converting the mortgage on my existing home to a BTL loan with HSBC Bank and intend to use the remaining equity as a deposit on another house. The location we are interested in is Petts Wood. Will your conveyancers be able to act for the two mortgage companies and link together the transactions?
Do use our search tool on this page to ensure that the solicitors are on the appropriate lender panels. Assuming that they are your lawyer should be able to tie up the two deals but you should have a chat with you conveyancer and communicate your desired outcome and requirements.
I am on look out for some leasehold conveyancing in Petts Wood. Before I set the wheels in motion I want to be sure as to the unexpired term of the lease.
Assuming the lease is registered - and almost all are in Petts Wood - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I own a basement flat in Petts Wood. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the amount due for the purchase of the freehold?
in cases where there is a missing freeholder or where there is disagreement about the premium for a lease extension, under the relevant legislation it is possible to make an application to the LVT to decide the sum to be paid.
An example of a Lease Extension case for a Petts Wood flat is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case affected 1 flat. The number of years remaining on the existing lease(s) was 50.57 years.