I opted for a high street lawyer for my conveyancing in Hadley Wood yesterday. Upon checking the Terms and Conditions it is apparent thatI am liable for costs even if the movefalls through. Should I go with them or use an on-line lawyer who offer no move no charge conveyancing in Hadley Wood?
Generally there is a concession along the lines that if "No Sale No Fee" is offered then the conveyancing charges will generally be higher to neutralise those transactions that do not go ahead. Do bear in mind that such schemes tend not to protect you from disbursements such your Hadley Wood conveyancing search charges.
My Conveyancer in Hadley Wood is not listed on the Halifax Solicitor Panel. Can I still use my family solicitor even though they are not on the Halifax approved list?
Your options are as follows:
- Complete the purchase with your existing Hadley Wood lawyers but Halifax will need to instruct a lawyer on their panel. This will result in additional total conveyancing fees as well as cause delays.
- Choose a new lawyer to to deal with the conveyancing, not forgetting to check they are Convince your lawyer to do everything within their powers to join the Halifax conveyancing panel
I used Action Conveyancing several years past for my conveyancing in Hadley Wood. Now, I need the files but cannot find the solicitor. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Hadley Wood of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Hadley Wood differ for newly converted properties?
Most buyers of new build or newly converted property in Hadley Wood approach us having been asked by the developer to exchange contracts and commit to the purchase even before the property is finished. This is because new home sellers in Hadley Wood typically acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Hadley Wood or who has acted in the same development.
Can you offer any advice when it comes to appointing a Hadley Wood conveyancing firm to carry out our lease extension conveyancing?
If you are instructing a conveyancer for your lease extension (regardless if they are a Hadley Wood conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We suggest that you talk with two or three firms including non Hadley Wood conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be helpful:
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How familiar is the practice with lease extension legislation? If they are not ALEP accredited then why not?
Having spent years of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Hadley Wood. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a absentee freeholder or if there is dispute 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 First-tier Tribunal (Property Chamber) to assess the premium.
An example of a Lease Extension case for a Hadley Wood premises is Flat 2 2 Netherfield Road in April 2010. The Tribunale held that premium payable for a 90 year extension to the existing Lease should be £7,705. This case related to 1 flat. The unexpired term as at the valuation date was 76 years.
My wife and I are FTB’s just having agreed a price on a property in Hadley Wood, and are now looking to get solicitors instructed. We have made use of the various rating based websites and the results are from all across the the UK. Is it important to have a Hadley Wood solicitor local to your prospective new home? I am fine to do all the communicating electronically, but I guess at some stage we will need to visit the property lawyer's office to sign documents?
The property lawyer does not have to be in Hadley Wood, but choosing local means that you can go in if needed, for instance, if a signature is immediately necessary. Furthermore, a Hadley Wood solicitor is likely to be familiar with local agents and (if the vendor has instructed a local property lawyer) with them, which should help smooth the process.