I am expecting a mortgage with Lloyds. I hope to retain the legal services of a Licensed Conveyancer in Buckhurst Hill. Does the Lloyds Solicitor panel exclude Licensed Conveyancers?
The Lloyds conveyancing panel is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
We are planning to buy with Earl Shilton BS. I dropped in a few high street solicitors but am unable to find a Buckhurst Hill conveyancing firm on the Earl Shilton BS approved list. Could you assist?
Feel free to make use of the search tool on this web page. Please choose the lender and type Buckhurst Hill or your location and you will discover a number of lawyer located in Buckhurst Hill or nearest you.
Will my solicitor be raising enquiries regarding flooding during the conveyancing in Buckhurst Hill.
The risk of flooding is if increasing concern for solicitors dealing with homes in Buckhurst Hill. Some people will acquire a property in Buckhurst Hill, completely expectant that at some time, it may suffer from flooding. However, aside from the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or dispose of the premises. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.
Lawyers are not qualified to give advice on flood risk, but there are a various checks that may be undertaken by the buyer or on a buyer’s behalf which will give them a better understanding of the risks in Buckhurst Hill. The standard information given to a purchaser’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a usual inquiry of the owner to discover if the premises has suffered from flooding. If flooding has previously occurred and is not disclosed by the owner, then a buyer could bring a claim for damages as a result of such an inaccurate answer. A buyer’s lawyers should also order an environmental report. This will higlight if there is any known flood risk. If so, additional investigations should be conducted.
The deeds to our home are lost. The conveyancers who conducted the conveyancing in Buckhurst Hill 5 years ago no longer exist. Will I be able to sell the house?
Gone are the days when you need to have the physical original deeds to evidence that you own the land or premises, given that the Land Registry hold details of all registered land or property electronically.
Due to the guidance of my in-laws I had a survey completed on a house in Buckhurst Hill in advance of instructing conveyancers. I have been told that there is a flying freehold aspect to the house. Our surveyor advised that some lenders may refuse to grant a mortgage on a flying freehold home.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. Should you wish to call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Buckhurst Hill. Conveyancing may be slightly more expensive based on your lender's requirements.
Can you offer any advice when it comes to choosing a Buckhurst Hill conveyancing practice to deal with our lease extension?
When appointing a property lawyer for lease extension works (regardless if they are a Buckhurst Hill conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We recommend that you talk with several firms including non Buckhurst Hill conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be of use:
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How many lease extensions has the firm conducted in Buckhurst Hill in the last year? If the firm is not ALEP accredited then why not?
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a Buckhurst Hill conveyancing firm to assist?
in cases where there is a missing landlord or if there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to calculate the amount due.
An example of a Freehold Enfranchisement decision for a Buckhurst Hill flat is 201 & 201a St. Barnabas Road in October 2013. The Tribunal decided that the price to be paid by the Applicants for the freehold interest is £20,071. This case related to 2 flats. The unexpired term as at the valuation date was 69.26 years.