Can your site be used to locate a Conveyancing solicitor in London Colney even if I’m not purchasing or selling a house, for instance where I want to acquire an office in London Colney with a mortgage from Yorkshire Building Society?
Our comparison service is primarily there to help choose residential conveyancing solicitors in London Colney but we have listed at the bottom of this page a few London Colney commercial conveyancing firms. You should speak with the solicitors directly to check if they are also authorised to represent Yorkshire Building Society
we are a couple who are purchasing a newbuild flat in London Colney with a residential mortgage from Clydesdale.We like our London Colney conveyancing practitioner but Clydesdale says her practice is not on their "panel". we are left little option but to use a Clydesdale panel solicitor or keep our preferred solicitor and pay for a Clydesdale panel lawyer to represent them. This seems very unfair; Can we not simply insist that Clydesdale use our lawyer?
No, not really. The home loan offered to you contains terms and conditions, a common one being that lawyers will be on the Clydesdale conveyancing panel. in the past, most mortgage companies had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Clydesdale
I opted to have a survey completed on a property in London Colney before retaining lawyers. I have been advised that there is a flying freehold overhang to the house. Our surveyor advised that some mortgage companies tend not grant a loan on this type of house.
It varies from the lender to lender. Santander has different instructions for example to Nationwide. If you call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in London Colney. Conveyancing may be slightly more expensive based on your lender's requirements.
Is it simple use the search app to select a conveyancing solicitor in London Colney on the panel for my mortgage?
1st pick a lender such as Barclays , Leeds Building Society or Platform Home Loans Ltd then specify your preferred area e.g. London Colney. Conveyancing practices in London Colney and further afield will then be shown.
My fiance and I may need to rent out our London Colney ground floor flat temporarily due to a new job. We used a London Colney conveyancing practice in 2001 but they have closed and we did not think at the time get any guidance as to whether the lease allows us to sublet. How do we find out?
Notwithstanding that your previous London Colney conveyancing lawyer is not around you can check your lease to check if it allows you to sublet the apartment. The rule is that if the lease is non-specific, subletting is permitted. Quite often there is a prerequisite that you need to seek permission from your landlord or other appropriate person prior to subletting. This means that you cannot sublet in the absence of prior consent. Such consent must not not be unreasonably withheld. If your lease prohibits you from subletting the property you should ask your landlord for their consent.
I own a 1 bedroom flat in London Colney, conveyancing was carried out December 2001. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in London Colney with an extended lease are worth £185,000. The average or mid-range amount of ground rent is £65 invoiced every year. The lease ceases on 21st October 2085
With only 60 years left to run the likely cost is going to be between £20,000 and £23,000 as well as professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.
Builders have suggested I use a conveyancer and I've received a quote from them. It's nearly three hundred pounds cheaper than my local London Colney solicitor. What's the catch?
Builders normally have lists of lawyers who are quick and who know the seller’s documentation and solicitor. Plenty of developers offer an inducement to use a preferred property lawyer for this reason, any increased cost can be avoided and a developer will not recommend a conveyancing warehouse and run the risk of having the conveyancing stall when they demand an exchange within a tight deadline. The argument for not opting for the suggested conveyancer is that they may be unwilling to fight for your interests at the risk of alienating the sellers. Where you have concerns that this may be the case you should stick with your high street London Colney property lawyer.