I am purchasing a new build flat in Chalfont St Giles. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Chalfont St Giles you will have to appoint a solicitor on your mortgage company'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 Chalfont St Giles.
What is the difference between a licensed conveyancer and conveyancing solicitor in Chalfont St Giles
There are two types of lawyers who can carry out conveyancing in Chalfont St Giles namely licenced conveyancers or solicitors. Both professionals handle the legal services that required to complete the disposal or acquisition of property. Both are required to conduct Chalfont St Giles conveyancing to the same standards and guidelines so you may be safe in the knowledge that your conveyancing will be professionally conducted and that all requirements and steps should be correctly adhered to.
We are getting the release of further funds on our mortgage from Kent Reliance as we want to conduct renovations to our property in Chalfont St Giles. Do we need to appoint a high street Chalfont St Giles solicitor on the Kent Reliance conveyancing panel to handle the legals?
Kent Reliance do not ordinarily require firms on their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Kent Reliance conveyancing panel.
Planning on purchasing a apartment in Chalfont St Giles. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Yorkshire BS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Chalfont St Giles conveyancing practitioner is on the Yorkshire BS conveyancing panel.
Just bought a semi-detached house in Chalfont St Giles , how long should it take for the Land Registry to record the transfer to my name? My Chalfont St Giles conveyancing solicitor has been painfully slow, so I want to check that my name is recorded.
There is nothing unique about conveyancing in Chalfont St Giles registration formalities. As opposed to being determined by geographic area, timeframes can differ depending on who lodges the application, whether it is in order and whether the Land registry must send notices to any third persons or bodies. As of today approximately three quarters of submission are fully dealt with within two weeks but some can be subject to extensive hold-ups. Historically registration takes place once the purchaser is living at the property so 'speed' is not typically primary concern but if it is urgent that the the registration takes place urgently then you or your solicitor must contact the land registry and explain the circumstances.
Over the last few months I have been searching for a leasehold apartment up to £305k and found one round the corner in Chalfont St Giles I like with a park and railway links nearby, the downside is that it's only got 49 years unexpired on the lease. There is not much else in Chalfont St Giles in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a mortgage the shortness of the lease will likely be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least twenty four months you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.
I own a leasehold flat in Chalfont St Giles. Conveyancing and National Westminster Bank mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1996. The conveyancing practitioner in Chalfont St Giles who previously acted has now retired. What should I do?
First contact HMLR to be sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. You do not need to instruct a Chalfont St Giles conveyancing solicitor to do this as you can do this on the Land Registry website for £3. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I purchased a studio flat in Chalfont St Giles, conveyancing having been completed half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Equivalent properties in Chalfont St Giles with an extended lease are worth £197,000. The ground rent is £55 charged once a year. The lease finishes on 21st October 2080
With 56 years left to run we estimate the price of your lease extension to span between £29,500 and £34,000 plus professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of detailed due diligence. You should not use the figures in tribunal or court proceedings. There may be additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.
I am searching for Chalfont St Giles online conveyancing estimates. Can I be sure that all the Chalfont St Giles practices that are listed on your directory are on the mortgage company conveyancing panel?
The solicitor and licensed conveyancing practices on our directory have assured us via an online form that they are on the lender panel and agreed to advise us to take down their listing in the event of removal off of the bank panel. To date we have not been informed by either a bank or a member of the public that the data about a specific Chalfont St Giles conveyancing solicitor being on the lender conveyancing panel is incorrect.