Our lawyer has uncovered a a legal deficiency with the lease for the flat we are buying in Much Hadham. The other side have put forward defective title insurance as a workaround. We are happy with insurance and will cover the costs. Our lawyer has advised that he must check that the bank is content with this solution. Are we the client or is the bank?

Notwithstanding that you have a mortgage offer from the bank does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the mortgage company are the client. The appropriate lender specifications must be adhered to.

Will conveyancers ask for money on account for my conveyancing in Much Hadham?

Where you are retaining lawyers for conveyancing in Much Hadham your solicitor will request that you to provide them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. When the down payment is payable against the total price then this will be needed immediately ahead of contracts are exchanged. The closing balance that is needed should be sent to your lawyer a few days ahead of the completion date.

I decided to have a survey completed on a property in Much Hadham prior to appointing lawyers. I have been told that there is a flying freehold element to the house. My surveyor has said that some lenders will refuse to issue a loan on this type of home.

It varies from the lender to lender. Bank of Scotland has different requirements from Halifax. If you contact us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Much Hadham. Conveyancing will be smoother if you use a solicitor in Much Hadham especially if they are accustomed to such properties in Much Hadham.

In my capacity as executor for the will of my grandfather I am selling a house in Cardiff but reside in Much Hadham. My lawyer (who is 200 kilometers from mehas requested that I execute a stat dec ahead of the transaction finalising. Can you recommend a conveyancing practitioner in Much Hadham who can attest this legal document for me?

Technically speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will be fine regardless of whether they are Much Hadham based

I am in need of some leasehold conveyancing in Much Hadham. Before diving in I want to be sure as to the number of years remaining on the lease.

If the lease is recorded at the land registry - and almost all are in Much Hadham - then the leasehold title will always include the short particulars 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.

Leasehold Conveyancing in Much Hadham - Examples of Questions you should ask before Purchasing

This question is helpful as a) areas could cause problems for the building as the communal areas may start to deteriorate where services are not paid for b) if the leasehold owners have an issue with the running of the building you will want to have all the details What is the yearly service fee and ground rent? How many years remain on the lease?