My partner and I are buying our first property. Our solicitor has contact usto check if we want to order additional conveyancing searches. Frankly we in the dark as to what's needed for conveyancing in Harlow
The range of Harlow conveyancing searches depends entirely on the premises, the location, the probability of any of these risks, your knowledge of the locality and risks, your general appetite to risk. What is important is that you properly appreciate what information each search could supply. Then you can decide if you personally think you need that information. If unclear, ask the solicitor to offer guidance.
Is there a search tool that I can use to investigate if the solicitor carrying out my conveyancing in Harlow is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Barclays thus spending £175.00 in supplemental legal fees.
Feel free to make use of the find a conveyancing panel solicitor tool on this web page. Please choose the mortgage company and type ‘Harlow’ or your preferred area and you will see numerous solicitors based in Harlow or near you.
Please help - my lawyer advises that absentee landlord insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Harlow?
The right level of absentee landlord indemnity insurance should be dictated by who who your lender is. It would differ for example between Lloyds TSB Bank and Leeds Building Society. Conveyancing practitioners as opposed to members of the public take out such insurances.
Two weeks ago we had a mortgage agreed in principle with Santander. Harlow conveyancing practitioners have been appointed. What is the average time that one could expect to receive a mortgage offer from Santander?
Some lenders take longer than others. Have Santander done the valuation? Have you informed Santander as to your lawyers' details and checked that your lawyers are on the Santander conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I had an offer accepted on an apartment in Harlow on 2/10/2025, valuation was booked 2 days later, all came back fine. Conveyancer instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to Nottingham and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Nottingham conveyancing panel. Are Nottingham entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Nottingham to deal with your lawyer's application to be on the Nottingham conveyancing panel. There's no guarantee that your solicitor will be accepted.
Over the last few months I have been searching for a flat up to £305k and found one close by in Harlow I like with a park and railway links nearby, however it only has 61 remaining years left on the lease. I can't really find anything else in Harlow for this price, so just wondered if I would be making a mistake buying a short lease?
If you need a home loan that many years will be an issue. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least twenty four months you could ask them to commence the lease extension formalities and then assign 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 solicitor regarding this.
Is it best to instruct a Harlow conveyancing lawyer who is local to the property I am hoping to buy? We have a good friend who can handle the conveyancing but her office is 300kilometers away.
The primary upside of using a local Harlow conveyancing firm is that you can drop in to sign paperwork, deliver your identification documents and pester them where appropriate. Having local Harlow know how is a benefit. However it's more important to get someone that will pull out all the stops for you. If if people you trust used your friend and the majority were happy that should outweigh using an unknown Harlow conveyancing solicitor just because they are local.
I've found a house that appears to meet my requirements, at a reasonable figure which is making it all the more appealing. I have just discovered that it's a leasehold rather than freehold. I am assuming that there are particular concerns buying a house with a leasehold title in Harlow. Conveyancing lawyers have are soon to be appointed. Will my lawyers set out the implications of buying a leasehold house in Harlow ?
The majority of houses in Harlow are freehold and not leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. It is clear that you are purchasing in Harlow so you should seriously consider shopping around for a Harlow conveyancing solicitor and be sure that they have experience in dealing with leasehold houses. First you will need to check the number of years remaining. Being a lessee you will not be entirely free to do whatever you want to the property. The lease will likely included provisions such as requiring the freeholder’sconsent to conduct changes to the property. It may be necessary to pay a maintenance charge towards the maintenance of the communal areas where the property is part of an estate. Your conveyancer should report to you on the legal implications.
I bought a studio flat in Harlow, conveyancing was carried out March 1996. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Harlow with over 90 years remaining are worth £175,000. The ground rent is £65 invoiced every year. The lease expires on 21st October 2083
With 58 years remaining on your lease we estimate the premium for your lease extension to span between £23,800 and £27,400 as well as costs.
The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.