I am under pressure from the owner of a property in West Haddon to sign contracts within four weeks. What can I do to speed up the conveyancing process?
First, If you are under a tight deadline to sign contracts it is advisable to make sure that your lawyer is familiar with the area as they will benefit local relationships and insight. It is even conceivable that they may have handled otherproperties in the same neighbourhood. You would be best advised to use a West Haddon conveyancing solicitor. Second, check that the lawyer is on the on the approved list for your mortgage company. It is estimated that just under twenty per cent of West Haddon conveyancing deals are frustrated or derailed after finding out that a buyer’s lawyer was not on their mortgage lender’s panel. In many cases this discovery resulted in the legal transfer of property being frustrated by as much as three weeks. It is estimated that this issue affects in the region of 100,000 home moves annually. Many West Haddon conveyancing practices can not act for certain lenders so do check as early as possible.
My grandmother passed away six months ago and as sole heir and executor I was left the house in West Haddon. The house had a relatively small loan remaining of approximately £5k. I want to have the title changed into my name whilst I re-mortgage to HSBC, pay off the mortgage. Is this possible?
Where you plan to re-mortgage then HSBC will require that you use a conveyancer on the HSBC conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your HSBC conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the HSBC mortgage is registered as a charge at the Land Registry.
I used Arc property Solicitors several years past for my conveyancing in West Haddon. I now require my file but the law firm has closed. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in West Haddon of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
My step-father has recommend that I appoint his conveyancing solicitors in West Haddon. Should I use them?
There are no two ways about it the ideal way to choose a conveyancing practitioner is to seek recommendations from friends or family who have actually previously instructed the firm that you are considering.
All being well we will complete the disposal of our £225,000 apartment in West Haddon in just under a week. The landlords agents has quoted £312 for Certificate of Compliance, building insurance schedule and previous years statements of service charge. Is the landlord entitled to charge an administration fee for a leasehold conveyance in West Haddon?
West Haddon conveyancing on leasehold flats typically necessitates fees being invoiced by managing agents :
Completing conveyancing due diligence enquiries
Where consent is required before sale in West Haddon
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I bought a garden flat in West Haddon, conveyancing formalities finalised August 1999. Can you please calculate a probable premium for a statutory lease extension? Equivalent properties in West Haddon with over 90 years remaining are worth £185,000. The ground rent is £65 charged once a year. The lease finishes on 21st October 2079
You have 60 years unexpired we estimate the price of your lease extension to range between £20,000 and £23,000 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.