We are planning to move property in February. Should my conveyancing solicitor call the removal company on the day of completion. On a separate note, can you recommend a removal company in Halesworth. Conveyancing solicitor was chosen before I stumbled across your page.
On the day of completion you can collect the keys from your selling agent however this should only be done when the previous owners conveyancers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be released. Subsequently you should tell the removal men that they can start moving you in. We are not in a position to recommend a particular removal organisation but can assist you in finding a conveyancing in Halesworth or a solicitor that specialises in conveyancing in Halesworth.
We have agreed to purchase a house in Halesworth. A rare aspect is that the roof has a solar panel. Co-operative have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with Co-operative your lawyer must follow the formal requirements set out in Part 2 of UK Finance Lenders’ Handbook for Co-operative. The Council of Mortgage Lenders’ Handbook contains minimum specifications for solar panel roof-space leases, and conveyancing practitioners are required to report to Co-operative where a lease does not meet these requirements. The provisions relate to the installation of panels on properties countrywide and is not limited to Halesworth.
It is unclear whether my bank requires a lease extension. I have telephoned my Halesworth bank branch on various occasions and was told it wasn't a problem and they will lend. My Halesworth conveyancing solicitor - who is on the lender conveyancing panel- telephoned to say that they would not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
Provided that the conveyancer is on the lender approved list, they must adhere to the Council of Mortgage Lenders’ Handbook specifications for the bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
Should our conveyancer be asking questions about flooding during the conveyancing in Halesworth.
Flooding is a growing risk for lawyers carrying out conveyancing in Halesworth. There are those who acquire a house in Halesworth, completely expectant that at some time, it may be flooded. However, leaving to one side the physical damage, if a property is at risk of flooding, it may be difficult to get a mortgage, adequate building insurance, or sell the premises. There are steps that can be taken during the course of a property purchase to forewarn the buyer.
Lawyers are not best placed to give advice on flood risk, but there are a numerous checks that can be carried out by the purchaser or by their solicitors which will give them a better understanding of the risks in Halesworth. The conventional set of completed inquiry forms given to a buyer’s solicitor (where the Conveyancing Protocol is adopted) includes a standard inquiry of the seller to find out whether the property has suffered from flooding. If the property has been flooded in past which is not notified by the seller, then a buyer may bring a legal claim for losses stemming from an inaccurate answer. The purchaser’s lawyers will also carry out an environmental report. This will higlight whether there is a recorded flood risk. If so, additional investigations will need to be made.
I am looking for a ground for flat up to £305k and identified one close by in Halesworth I like with open areas and transport links in the vicinity, however it's only got 61 years unexpired on the lease. I can't really find anything else in Halesworth suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a home loan the shortness of the lease will likely be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for at least twenty four months you could ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
I need to instruct a conveyancing solicitor in Halesworth for my purchase. Is it possible to review a solicitor's record with the legal regulator?
Anyone can read published Solicitor Regulator Association (SRA) decisions resulting from investigations started on or after Jan 2008. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The SRA may recorded telephone calls for training requirements.
My wife and I have AIP from Lloyds TSB Bank who said we could borrow up to £218k. When do we need to instruct a practitioner for conveyancing? Halesworth is where we plan to move to.
It would be wise to instruct a conveyancing practitioner now requesting that they open a file on your behalf. This will enable: 1) the estate agent to send out the Sales Memorandum to the relevant parties 2) the seller’s conveyancing practitioner to send out the draft contract. That being said, do not ask your lawyer to start searches until you receive your valuation report via Lloyds TSB Bank and you are happy to move forward.