We went with a high street solicitor for my conveyancing in Watford today. After carefully reading the terms of engagement it is apparent thatwe are on the hook for fees even if the movedoes not go ahead. Would I be best advised to use an on-line conveyancing company offering no-sale-no-fee conveyancing in Watford?
Generally there is a compromise along the lines that if "No Sale No Fee" is advertised then the fee levels will tend to be be more expensive to cover those transactions that fail to complete. Do bear in mind that these promotions generally do not cover expenses such your Watford conveyancing search charges.
IfI were to buy a freehold homein Watford mortgage fee and have no survey and no conveyancing searches how much could I expect to to save on my conveyancing in Watford?
Any savings you would achieve would be limited to the disbursement for searches. A property lawyer still be obliged to do everything else - money laundering, communicating with your vendors solicitor, SDLT return, register the title etc. You might save a bit for them not having to register a charge but it will not be a lot.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Watford. My lender is Virgin
Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 26/3/2025, the requirements read as follows :
I have been on the look out for a leasehold apartment up to £245,000 and found one near me in Watford I like with a park and station nearby, however it's only got 61 years on the lease. There is not much else in Watford for this price, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a mortgage the remaining unexpired lease term will be a potential deal breaker. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for at least twenty four months you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this.
Hoping to buy a property located in Watford and I am already nervous. I couldn't find anything specific about Watford. Conveyancing will be needed in due course but do you know about the Watford area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Watford. In the meantime here are some basic statistics that we found
I am in need of some leasehold conveyancing in Watford. Before I set the wheels in motion I want to be sure as to the number of years remaining on the lease.
If the lease is registered - and 99.9% are in Watford - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
My wife and I have hit a brick wall in seeking a lease extension in Watford. Can this matter be resolved via the Leasehold Valuation Tribunal?
Absolutely. We are happy to put you in touch with a Watford conveyancing firm who can help.
An example of a Lease Extension decision for a Watford residence is Flats 8, 11 and 15 Craigmore Court 46 Murray Road in December 2013. The tribunal held that the price payable by the Applicant tenant of Flat 8 to acquire an extended lease shall be £26,438 plus £1 to the intermediate lessee . The tribunal held that the price payable by the Applicant tenants of Flat 11 to acquire an extended lease shall be £26,791 plus £1 to the intermediate lessee. The tribunal held that the price payable by the Applicant tenant of Flat 15 to acquire an extended lease shall be £26,638 plus £1 to the intermediate lessee . This case was in relation to 3 flats. The remaining number of years on the lease was 71 years.