Do the conveyancing solicitors that you recommend execute attended exchange conveyancing in Hitchin?
We do have a number of conveyancing specialists who can conduct one day exchanges. Do e-mail us to obtain a conveyancing quote and details as to dates.
What is the first thing I need to know regarding purchase conveyancing in Hitchin?
Not many law firms or advisers will tell you this but conveyancing in Hitchin and elsewhere in Hertfordshire is often a confrontational experience. Put another way, when it comes to conveyancing there exists plenty of opportunity for friction between you and others involved in the home moving process. E.g., the vendor, estate agent and on occasion your mortgage company. Choosing a solicitor for your conveyancing in Hitchin an important selection as your conveyancer is your adviser, and is the ONLY party in the process whose responsibility is to look after your legal interests and to protect you.
There is a definite increase in the "blame" culture- someone has to be at fault for the process taking so long. We recommend that you should always trust your lawyer above all other parties when it comes to the legal assignment of property.
We're in Hitchin, First time buyers buying with a mortgage (lender is Bank of Ireland , and our solicitor is on the Bank of Ireland conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Bank of Ireland conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I am buying a new build apartment in Hitchin. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Hitchin
-
Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are surveyor prepared. Please supply a car parking plan.
Over the last few months I have been searching for a ground for flat up to £305k and found one near me in Hitchin I like with a park and station nearby, however it only has 49 years unexpired on the lease. There is not much else in Hitchin for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a home loan the remaining unexpired lease term will be an issue. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.
Having checked my lease I have discovered that there are only Fifty years left on my flat in Hitchin. I now want to extend my lease but my landlord is can not be found. What are my options?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be extended by the magistrate. You will be obliged to prove that you have used your best endeavours to locate the freeholder. In some cases an enquiry agent would be useful to conduct investigations and prepare a report to be used as proof that the landlord is indeed missing. It is wise to seek advice from a solicitor in relation to proving the landlord’s disappearance and the vesting order request to the County Court covering Hitchin.
Hitchin Conveyancing for Leasehold Flats - Sample of Queries Prior to Purchasing
-
Who takes responsibility for maintaining and repairing the building? It would be wise to discover as much as you can concerning the managing agents as they will either make living at the property much easier or uncomfortable. Being a leasehold owner you are frequently in the clutches of the managing agents both financially and when it comes to daily issues such as the cleanliness of the communal areas. Enquire of other people whether they are happy with their service. On a final note, investigate as to the dates that you are obliged pay the maintenance charge to the managing agents and specifically what it includes. In the main the outlay for major works are not incorporated into the maintenance charges, although some managing agents in Hitchin obliged leasehold owners to contribute towards a reserve fund and this is used to offset against larger works.