I am purchasing a new build flat in Hilperton. How practical is it for me to do the conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in Hilperton you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Hilperton.

I happen to be the sole recipient of my late grandmother’s estate with all property in now in my sole name, including the house in Hilperton. Conveyancing formalities meant that the Land Registry date was in November. I now wish to sell up. I understand that there is a CML six month 'rule', which means that my property ownership will be considered the same way as though I had purchased the house in November. Do I have to wait half a year to sell?

The CML handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be impacted by that. many mortgage companies would take a practical view as this obligation principally exists to pick up on subsales or the flipping of properties.

I have today made my last payment due on my mortgage with Aldermore. I assume I don't need a Hilperton conveyancing practitioner on the Aldermore panel to discharge the mortgage at the Land Registry. Am I right?

If you have finished paying off your Aldermore mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Aldermore mortgage from the register. Aldermore, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:

1. but are not moving to another property
2. where Aldermore has sent the Land Registry the discharge electronically, and
3. Aldermore has instructed the Land Registry to do so

The mortgage over my property is with Barclays for my property in Hilperton. Conveyancing was finalised 12 months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Barclays?

Your original mortgage agreement with Barclays will provide that you need their approval before renting your property as this is likely to be a breach of Barclays’s mortgage conditions. It may be that Barclays will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Barclays directly. It should not be necessary to do this via a Barclays conveyancing panel solicitor.

I decided to have a survey completed on a house in Hilperton ahead of appointing lawyers. I have been advised that there is a flying freehold aspect to the house. Our surveyor has said that some mortgage companies will not grant a mortgage on a flying freehold premises.

It depends who your proposed lender is. HSBC has different requirements for example to Halifax. Should you wish to telephone us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Hilperton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Hilperton to see if the conveyancing costs will increase in light of this.

Having had my offer accepted I require leasehold conveyancing in Hilperton. Before I set the wheels in motion I would like to find out the remaining lease term.

Assuming the lease is recorded at the land registry - and 99.9% are in Hilperton - 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.

Hilperton Leasehold Conveyancing - Examples of Queries Prior to Purchasing

Be sure to enquire if there are any onerous restrictions in the lease. For example plenty of leases prohibit pets being permitted in certain buildings in Hilperton. If you love the apartmentin Hilperton however your cat can’t live with you then you will be presented with a hard decision. Generally speaking the outlay for major works tend not to be included within maintenance charges, although some managing agents in Hilperton require tenants to contribute towards a reserve fund and this is used to offset against major repairs or maintenance. The answer will be useful as a) areas can cause problems in the block as the communal areas may start to deteriorate where repairs are not paid for b) if the leasehold owners have a dispute with the running of the building you will wish to have complete disclosure

I have finally had an offer on an maisonette in Hilperton agreed to, but there is a chain. The sellers have offered on a property, however it’s not yet agreed to, and has viewings of other properties in the pipeline. I have instructed a nearby conveyancing solicitor in Hilperton. What should be my next step? When do I get the mortgage application with Virgin Money started with Virgin Money?

It is understandable to have anxieties where there is a chain as you are unlikely to want to incur costs too early (mortgage application is in the region of £1k, then valuation, Hilperton conveyancing search charges, etc). The first thing to do is ensure that your lawyer is on the Virgin Money approved list. Concerning the next phase this very much dictated by the circumstances of your case, desire for the property and on the state of the market. In a hot market some home buyers will apply for the mortgage with Virgin Money and arrange for the valuation and only if it was satisfactory would they pay their lawyer to proceed with the conveyancing in Hilperton.