I am not well enough to travel far from Berkhamsted. What is the rationale as to why all Berkhamsted property lawyers aren't automatically on all mortgage company panels?
As inequitable as it may appear for lenders to restrict who can represent them, from the public’s or conveyancer’s point of view, the other side of the coin is that mortgage companies are becoming ever more anxious and regard it essential to shield themselves against mortgage fraud. As a result of this concern lenders have restricted their conveyancing panel to a manageable size.
Please could you suggest a Nottingham Building Society approved Berkhamsted conveyancing lawyer who can have us moved in within 10 days? Am I best advised to unstruct a local Berkhamsted conveyancer or a national comparison site?
We can recommend some very good Berkhamsted conveyancing firms. You can also walk up the main road in Berkhamsted. Visit some well established law practices and request to speak with a conveyancing solicitor for a quote. Mention your expectations together with your reasons and ask for a commitment on your deadline. Select the lawyer that appears most efficient.
I am close to exchanging contracts on the sale of our property in Berkhamsted and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. Any high street Berkhamsted lawyer would know this is not the case. It does beg the question why the purchasers used a nationwide conveyancing practice rather than a conveyancing solicitor in Berkhamsted. We have lived in Berkhamsted for many years we know that this is a non issue. Is it a good idea to contact our local Authority to seek confirmation that there is no issue.
It would appear that you have a conveyancing firm already. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I have been pointed in your direction by a couple of local property agents in Berkhamsted to select a solicitor on your site. Is there a financial incentive for Estate Agents to recommend your site over and above another?
We don’t offer any referral fee for directing people to this site. We thought it would be too underhand to pay a commission as a client could think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
If all goes to plan we aim to complete our sale of a £425,000 apartment in Berkhamsted on Friday in a week. The landlords agents has quoted £312 for Certificate of Compliance, building insurance schedule and 3 years service charge statements. Is the landlord entitled to charge an administration fee for a flat conveyance in Berkhamsted?
Berkhamsted conveyancing on leasehold flats normally involves the buyer’s conveyancer sending questions for the landlord to address. Although the landlord is not legally bound to address these enquiries most will be content to assist. They are entitled to levy a reasonable charge for responding to questions or supplying documentation. There is no set fee. The average costs for the information that you are referring to is over three hundred pounds, in some transactions it is in excess of £800. The administration charge required by the landlord must be accompanied by a synopsis of rights and obligations in relation to administration charges, without which the invoice is not strictly payable. In reality one has little choice but to pay whatever is requested of you if you want to sell the property.
I invested in buying a garden flat in Berkhamsted, conveyancing was carried out half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Berkhamsted with a long lease are worth £211,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease expires on 21st October 2092
With only 68 years unexpired the likely cost is going to span between £9,500 and £11,000 plus legals.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed investigations. Do not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.
Is it true that a Berkhamsted conveyancing solicitor has court proceedings brought against them by clients for not carrying out the appropriate conveyancing investigations?
We are not aware of such a Berkhamsted conveyancing matter but it has been reported that, clients acquiring a property elsewhere in England successfully won a case against their solicitor as a consequence of development permission to erect a wind farm not being picked up in conveyancing searches.
If you are thinking of buying a home in Berkhamsted It is critical that your conveyancer conduct all Berkhamsted conveyancing searches needed making sure that you have accurate and up to date information ahead of purchasing a property.