My family lawyer has quoted just over a thousand pound for no sale no fee conveyancing in London Colney. I’m selling a Edwardian house for £275,000. Are these conveyancing fees excessive? Is it in excess of what I should be paying for conveyancing in London Colney?
The costs illustration is slightly on the expensive side. If you shop around you may be able to decrease the fees slightly by as much as a hundred pounds. On the other hand, you maycome to rue opting for an an untested solicitor. Remember to be sure that the conveyancer can act for your lender. Do utilise our comparison tool to choose a London Colney conveyancing practice on the lender’s member panel which can often include conveyancing solicitors in London Colney.
We are about to sign contracts for a leasehold flat in London Colney. We have hit a snag. Our mortgage offer with Virgin Money expires on 15/6/2026 but the vendors are suggesting a completion date of 17/6/2026. Can one prolong the mortgage expiry date?
The best person to address this question is your conveyancer who should assess if they corresponding with the bank, owner’s conveyancers, estate agents or possibly all parties taking into account the circumstances your conveyancing as of today.
I am the registered owner of a freehold premises in London Colney yet pay rent, why is this and what is this?
It is rare for properties in London Colney and has limited impact for conveyancing in London Colney but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the establishment of new rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.
We are expecting a mortgage offer soon. The bank mentioned the home loan came with free conveyancing. Is the implication that I have to instruct their panel lawyer as I would prefer to use a London Colney based conveyancing firm?
You should check but the chances are that appoint one of their panel conveyancers where you accept the "fee-free" offer. Contact the mortgage company to explore if they allow a monetary alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor in London Colney.
I own a 4 bedroom Georgian property in London Colney. Conveyancing practitioner acted for me and Norwich and Peterborough Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold with the exact same property. 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 as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in London Colney 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 lenders. You can also enquire as to the position with your conveyancing solicitor who completed the work.
I am a sole trader intending to lease a unit on the high street. Can you recommend lawyers offering no-move-no costs for commercial conveyancing in London Colney for under 1500k?
We can recommend firms who host a wealth of experience of commercial conveyancing in London Colney, including the disposal and purchase of businesses as well as simply property. If you are intending to buy or lease a shop, pub, restaurant, office, retail unit or a whole business we will put you in touch with the right firm. As for the fees this will depend on the structure and terms of the deal. Let us have your contact information or phone us so that we may supply you with a fixed commercial conveyancing calculation.