I am expecting a offer of a home loan from Halifax. I hope to instruct a Licensed Conveyancer in Hanworth. Does the Halifax Conveyancing panel exclude conveyancers regulated by the CLC?
The Halifax approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
We're in Hanworth, FTBs buying with a mortgage (lender is Aldermore , and our lawyer is on the Aldermore conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Aldermore conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I am looking for a ground for flat up to £235,500 and found one close by in Hanworth I like with a park and railway links in the vicinity, the downside is that it only has 52 years on the lease. I can't really find anything else in Hanworth in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
If you need a home loan the remaining unexpired lease term may be problematic. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
How does the Landlord & Tenant Act 1954 affect my business property in Hanworth and how can your lawyers assist?
The particular law that you refer to provides protection to commercial leaseholders, granting the dueness to apply to court for a new lease and continue in occupation when the lease comes to an end. There are certain specified grounds where a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing firms who use the act for protection and help with commercial conveyancing in Hanworth
We are contemplating using a web based lawyer ahead of a Hanworth conveyancing firm. Should I ‘stay local’?
There are advantages of having the opportunity to pop in to a local Hanworth conveyancing solicitor for example
- signing papers on short notice
- sometimes being able to speak to someone face-to-face can make a significant difference, particularly for more complex transactions
- the ability to raise concerns if matters need to addressed
When checking quotes, look carefully for hidden extras. The majority decent Hanworth high street solicitors give an all-inclusive price. Many online agents seem to offer discounted prices, yet have burried 'extras' in the small print.