We note that you have a post code search directory identifying firms on the UBS conveyancing panel. Do firms pay you a commission if I retain them for our own conveyancing in Chorleywood?
We are a listing service only for law firms wishing to communicate if they are on the UBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Chorleywood.
I am buying a garden flat in Chorleywood. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Chorleywood you will have to appoint a solicitor on your bank'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 Chorleywood.
Me and my brother have a terraced Edwardian property in Chorleywood. Conveyancing solicitor acted for me and Yorkshire Building Society. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold with the matching address. I thought I was buying a freehold how can I check?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Chorleywood and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the position with the conveyancing practitioner who conducted the purchase.
Over the last few months I have been searching for a ground for flat up to £305k and identified one close by in Chorleywood I like with amenity areas and transport links nearby, the downside is that it only has 49 years unexpired on the lease. There is not much else in Chorleywood suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a home loan that many years will be problematic. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
What are your top tips when it comes to finding a Chorleywood conveyancing practice to deal with our lease extension?
If you are instructing a conveyancer for your lease extension (regardless if they are a Chorleywood conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We suggest that you talk with several firms including non Chorleywood conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be of use:
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Can they put you in touch with clients in Chorleywood who can give a testimonial? If the firm is not ALEP accredited then why not?
After months of correspondence we cannot agree with our landlord on how much the lease extension should cost for our flat in Chorleywood. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most certainly. We can put you in touch with a Chorleywood conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Chorleywood residence is Flats 8, 11 and 15 Craigmore Court 46 Murray Road in December 2013. The tribunal held that the price payable by the Applicant tenant of Flat 8 to acquire an extended lease shall be £26,438 plus £1 to the intermediate lessee . The tribunal held that the price payable by the Applicant tenants of Flat 11 to acquire an extended lease shall be £26,791 plus £1 to the intermediate lessee. The tribunal held that the price payable by the Applicant tenant of Flat 15 to acquire an extended lease shall be £26,638 plus £1 to the intermediate lessee . This case affected 3 flats. The remaining number of years on the lease was 71 years.
A couple of months ago I was informed by my lender that their approved conveyancers work on no sale no charge basis for conveyancing in Chorleywood. I had a purchase fall through and now the conveyancers want search fees! They are claiming that the fees are seperate!
Chorleywood conveyancing search costs are disbursements not solicitors fees as these are due to independent parties.