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Cheap conveyancing in Borehamwood does not necessarily mean low quality - but the odds are stacked against you

Borehamwood Conveyancing Statistics*

  • 1 The most common indemnity insurance policies for Borehamwood conveyancing is Chancel
  • 2 78% freehold and 22% leasehold conveyancing in Borehamwood for this year to date
  • 3 Average time frame of 73 days for registration of title in Borehamwood
  • 4 August was the busiest month and September was the next busiest month while April was the least busiest month of the year for conveyancing in Borehamwood
  • 5 Average time from start to completion was 101 days for conveyancing in Borehamwood

Examples of recent conveyancing in Borehamwood since January 2024*

Recently asked questions about conveyancing in Borehamwood

Is the fact that my conveyancer in Borehamwood is not on my mortgage company's solicitor panel that there is a problem with the quality of his conveyancing?

It would be unwise to jump to that conclusion. There are plenty of reasonable explanations. Just recently a report by the solicitors regulator revealed that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Borehamwood conveyancing practice and enquire why they are no longer on the approved list for your mortgage company.

I am considering applying for a TSB mortgage for purchase of a newly converted (under development) in Borehamwood with 60% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for TSB ?

There is nothing to stop you using your solicitor, but TSB will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.

Should commercial conveyancing searches disclose planned roadworks that could affect a commercial land in Borehamwood?

Many commercial conveyancing solicitors in Borehamwood will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Borehamwood. The report provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Borehamwood.

For each commercial conveyancing transaction in Borehamwood it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may result in delays to Borehamwood commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not conducted for domestic conveyancing in Borehamwood.

I am looking for a flat up to £195,000 and identified one close by in Borehamwood I like with open areas and railway links nearby, however it's only got 49 years unexpired on the lease. There is not much else in Borehamwood suitable, so just wondered if I would be making a grave error buying a lease with such few years left?

Should you require a mortgage the remaining unexpired lease term will be an issue. Reduce the price by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.

I am using a search engine for the phrase cheap conveyancing in Borehamwood it brings up many conveyancersin the area. How do I determine which is the right conveyancing solicitor for the sale of my house?

The best method of finding the right conveyancer is through a personal recommendation, so seek the guidance of colleagues and those you trust who have acquired a property in Borehamwood or a local estate agent or financial adviser. Costs for conveyancing in Borehamwood differ, so it's sensible to obtain a minimum of four costs illustrations from varying types of conveyancers. Dont forget to clarify what costs in the quote includes.

I've recently bought a leasehold property in Borehamwood. Am I liable to pay service charges relating to a period prior to completion of my purchase?

Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

I have had difficulty in trying to purchase the freehold in Borehamwood. Can the Leasehold Valuation Tribunal adjudicate on premiums?

Most definitely. We are happy to put you in touch with a Borehamwood conveyancing firm who can help.

An example of a Lease Extension case for a Borehamwood premises is Ground Floor Maisonette 17 Milton Road in January 2014. The Tribunal determined the premium payable by the Applicant to the should be £13,299 This case related to 1 flat. The unexpired term as at the valuation date was 71.73 years.

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Residential Landlord and Tenant Conveyancing solicitors in Borehamwood

The list below is a small selection of solicitors in Borehamwood specialising in landlord and tenant law and on the regulations governing different types of tenancies. This will likely include advice on Claims for damages for illegal

  • Martin Smith & Co, Majestic House, 18 Shenley Road, Borehamwood, Hertfordshire, WD6 1DL
  • Spalter Fisher Llp, 1 Theobald Court, Theobald Street, Elstree, Borehamwood, Hertfordshire, WD6 4RN
  • Landau & Cohen, Medburn Lodge, Butterfly Lane, Elstree, Borehamwood, Hertfordshire, WD6 3AD
  • Brightstone Law Llp, Brightstone House, 511 Centennial Park, Centennial Avenue, Elstree, Hertfordshire, WD6 3FG
  • Verdant Solicitors, 309 Hale Lane, Edgware, Middlesex, HA8 7AX

Domestic Licensed Conveyancers in Borehamwood regulated by the CLC

Please note that the listed conveyancers do not limit their work for conveyancing in Borehamwood but also conveyancing throughout England and Wales.
  • Horizon Law Limited, 214 High Street, EN5 5SZ
  • Home 2 Home Property Lawyers Limited, 32 Millais Gardens, HA8 5SY
  • House Owners Conveyancers Limited, Dephina House, N3 2JU
  • Graham Smith Property Lawyers , St Johns House, WD24 6PW
  • House Owners Conveyancers Limited, 56 Windermere Avenue, N3 3RA

Planning law solicitors in Borehamwood regulated by the Solicitors Regulation Authority

The list below is a non-comprehensive list of solicitors in Borehamwood with expertise in planning law. The solicitors can give expert legal advice on all aspects of planning, including development on contaminated land
  • Moerans, 123 Station Road, Edgware, Middlesex, HA8 7JR
  • Yugin & Partners, Jubilee House, Merrion Avenue, Stanmore, Middlesex, HA7 4RY
  • Ellistons Slp Solicitors Limited, 51-53 The Broadway, Stanmore, Middlesex, HA7 4DJ
  • Pindoria Solicitors Limited, 1st Floor, 502 Honeypot Lane, Stanmore, Middlesex, HA7 1JR
  • Barnett Alexander Conway Ingram Llp, Sovereign House, 1 Albert Place, Ballards Lane, London, N3 1QB

Neighboring Locations

Borehamwood
Edgware
Edgwarebury

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.