My wife and I buying a detached bungalow in London Colney. The intention is to carry out a loft conversion at the house.Will the conveyancing process include enquiries to ascertain if these works were previously refused?
Your solicitor should check the deeds as conveyancing in London Colney will sometimes identify restrictions in the title deeds which prevent certain alterations or require the consent of another owner. Certain works call for local authority planning consent and approval in compliance with building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be wise to check these issues with a surveyor ahead of any purchase.
I am being told by my conveyancer that flying freehold insurance is required on my purchase. What is the level of cover for London Colney conveyancing?
The right level of flying freehold indemnity insurance should be dictated by who your lender. It would differ for example between Halifax and The Royal Bank of Scotland. Conveyancing solicitors as opposed to borrowers take out such policies.
My offer on a detached house in London Colney has been agreed to, the owners do however have a connected purchase. The sellers have offered on somewhere, but it’s not yet tied up, and have viewings of other properties in the pipeline. I have instructed a bricks and mortar conveyancing solicitor in London Colney. What should be my next step? When should I get the mortgage application with Skipton going?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is in the region of one thousand pounds, then survey, London Colney conveyancing search charges, etc). The first course of action is to ensure that your solicitor is on the Skipton approved list. Concerning the subsequent steps this very much depends on the circumstances of your transaction, attraction to the property and on the state of the market. During a hot market some buyers will apply for the mortgage with Skipton and arrange for the valuation and only if it was satisfactory would they request their lawyer to move forward with searches.
I am buying a new build apartment in London Colney. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in London Colney
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply a car parking plan. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what should have been a straight forward, chain free conveyancing. London Colney is where the house is located. Can you offer any guidance?
Flying freeholds in London Colney are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside London Colney you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in London Colney may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I'm remortgaging my primary property to a BTL loan with Platform Home Loans Ltd and I will use the rest of the raised equity as a down payment on further house. The neighborhood we are interested in is London Colney. Will your lawyers be able to act for the two mortgage companies and tie in the transactions?
Do use our search tool on this site to ensure that the solicitors are approved by both mortgage companies. Having checked that they are the conveyancer will be able to connect the two deals but you should have a chat with you conveyancer and specify your desired outcome and requirements.
I am 3 weeks into a leasehold purchase having been referred to a firm by the selling agent to carry out the conveyancing in London Colney. I am am very dissatisfied with the level of service. Could you you assist me in finding new conveyancers?
A solicitor would have to be really bad to suggest changing them. Has your mortgage been issued? If so you must inform them of the new lawyer and get the loan are re-issued. Your new conveyancer needs to be on the banks approved list to avoid supplemental fees and delays. That should be your first question of the new conveyancers. The find a solicitor tool should help you find a lender approved conveyancer for your conveyancing in London Colney
I today plan to offer on a house that appears to meet my requirements, at a great figure which is making it more attractive. I have just discovered that it's a leasehold as opposed to freehold. I am assuming that there are particular concerns buying a house with a leasehold title in London Colney. Conveyancing lawyers have are about to be instructed. Will they explain the issues?
The majority of houses in London Colney are freehold rather than leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can help the conveyancing process. It is clear that you are buying in London Colney so you should seriously consider looking for a London Colney conveyancing solicitor and be sure that they are used to advising on leasehold houses. As a matter of priority you will need to check the number of years remaining. As a leaseholder you will not be entirely free to do whatever you want with the house. The lease comes with conditions for example obtaining the landlord’sconsent to conduct changes to the property. You may also be required to pay a maintenance charge towards the maintenance of the estate where the house is part of an estate. Your solicitor should appraise you on the various issues.