My friend's uncle is a property lawyer. I anticipate that I'll be able to get preferential pricing for conveyancing, but if not, what kind of fees should I be paying for conveyancing in St Albans?
Do compare pricing. Do use our search tool on this site. Whilst quotes will contrast greatly but the service one can expect are distinct between solicitors as is true with the vast majority of professional services.
Is there a reason why leasehold purchase conveyancing in St Albans is more expensive?
In short, leasehold conveyancing in St Albans and Hertfordshire usually involve more due diligence compared to freehold conveyancing. This includes lease investigation, communicating with the landlord about serving required notices, securing up-to-date service charge and management information, securing the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different owners have owned the lease since it was first entered into.
I am helping my sister sell her property in St Albans. Will the conveyancer order an EPC or should I organise this?
Following the abolition of Home Packs, energy performance certificates remained a compulsory part of selling a house. An energy performance certificate needs to be commissioned before the property is advertised. This is not a task that law firms ordinarily organise. Where you are instructing a St Albans conveyancing lawyer they might be able to arrange energy assessments given their relationships with long established St Albans energy assessors
My wife and I have arranged a further advance on our home loan from Co-operative as we want to conduct renovations to our property in St Albans. Are we obliged to choose a local St Albans solicitor on the Co-operative conveyancing panel to handle the legals?
Co-operative do not ordinarily instruct a member of their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Co-operative list.
My husband and I are spending time viewing apartments in St Albans and I am about to put in an offer. Is it too early to have a solicitor in place? I will be getting a home loan with Nottingham.
You should start requesting conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the estate agent. As you are taking out a mortgage with Nottingham, ask your prospective lawyers if they are on the Nottingham conveyancing panel otherwise they can't do the mortgage legal work.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a quick, no chain conveyancing. St Albans is the location of the property. What do you suggest?
Flying freeholds in St Albans are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside St Albans you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in St Albans may ascertain 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.
What does commercial conveyancing in St Albans cover?
St Albans conveyancing for business premises covers a wide array of services, offered by qualified solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
I dont have enough spare money to pay a 10% deposit on my apartment purchase in St Albans , but I am anxious exchange. Do I have options?
You can accept a smaller deposit. Many property owners will accept a smaller deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last minute