My husband and I intend to purchase a 2 bedroom apartment in Wootton with a homeloan from HSBC Bank.We like our Wootton conveyancing solicitor but HSBC Bank informed us his firm is not on their approved list of member firms. we are left little option but to use a HSBC Bank panel lawyer or retain our high street solicitor and fork out for one of their panel ones to act for them. We feel as though this is unjust; is there anything we can do?
No, not really. The mortgage issued to you contains various provisions, one of which will be that solicitors needs to be on the HSBC Bank conveyancing panel. Until recently, most banks had large numbers of solicitors on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for HSBC Bank
My relative recommended that where I am buying in Wootton I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually included in the estimate for your Wootton conveyancing searches. It is not a small report of about 40 pages, listing and setting out significant information about Wootton around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Wootton Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information concerning Wootton.
As co-executor for the will of my father I am disposing of a house in Monmouth but I am based in Wootton. My solicitor (based 300 kilometers awayhas requested that I execute a statutory declaration prior to the transaction finalising. Can you recommend a conveyancing solicitor in Wootton who can witness this legal document for me?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are based in Wootton
My wife and I purchased a leasehold house in Wootton. Conveyancing and Aldermore mortgage organised. A letter has just been received from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1996. The conveyancing practitioner in Wootton who previously acted has now retired. What should I do?
First contact the Land Registry to be sure that the individual purporting to own the freehold is indeed the new freeholder. It is not necessary to instruct a Wootton conveyancing lawyer to do this as it can be done on-line for £3. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Wootton Leasehold Conveyancing - Sample of Queries before Purchasing
Please note that where the lease has less than 80 years it will have adverse implications on the salability of the property. It is worth checking with your lender that they are willing to lend given the lease term. Leases with less than 80 years remaining means that you will most likely have to extend the lease at some point and you need to have some idea of how much this will be. Remember, in most cases you will be be obliged to have been the owner of the premises for 24 months before you are eligible to extend the lease. Can you tell me if there are any major works in the near future that could add a premium to the maintenance costs? This question is useful as a) areas may result in problems for the building as the communal areas may start to deteriorate if maintenance remain unpaid b) if the leaseholders have an issue with the running of the building you will wish to have all the details
My a dozen years ago. He has got married, divorced and in recent months got married again. He now intends to dispose of the Wootton property. I believe he will simply be requested to supply copies of his marriage certificates to the solicitor but he is worried it could hold up the sale of the property. Is it worth updating the land title documents for the house?
You are not required to update the title for the property as long as you have the proof needed to show how the change of name occurred.
The purchaser’s conveyancing practitioner should review the registered details and ask for evidence to establish the change of name for instance marriage documentation.