Do the Building Society Association intend to launch a search tool with a view to list practices on the Loughborough BS conveyancing panel for example in Radlett?
Lexsure has not been advised of any plans on the part of the BSA to promote such a tool.
My wife and I are purchasing a house in Radlett. I might seem paranoid but how we can trust a lawyer? At some point we have to put funds into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I had an offer accepted on a house in Radlett on 8/10/2024, valuation was booked 4 days after, all came back fine. Solicitor retained, so the only thing outstanding was my mortgage offer. Having made daily calls to Skipton and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Skipton conveyancing panel. Can the lender hold off the offer?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Skipton to deal with your lawyer's application to be on the Skipton conveyancing panel. There's no guarantee that your solicitor will be accepted.
My offer on a property in Radlett has been agreed to, but there is a chain. The sellers have offered on somewhere, however it’s not been accepted yet, and are looking at other apartments booked. I have selected a bricks and mortar conveyancing solicitor in Radlett. What do I do now? At what stage should I apply for the mortgage with Co-operative?
It is normal to have concerns where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of £1k, then valuation, Radlett conveyancing search costs, etc). The first course of action is to ensure that your conveyancer is on the Co-operative approved list. Concerning the subsequent stages this very much depends on the circumstances of your transaction, motivation for the property and on the state of the market. During a hot market some buyers would apply for the mortgage with Co-operative and pay for the valuation and only if it was satisfactory would they pay their lawyer to press on with searches.
Taking into account that I will soon part with hundreds of thousands of pounds on a two bedroom apartment in Radlett I wish to have a conversation with the lawyer about myconveyancing in advance of instructing the firm. Is this something that you can arrange?
Absolutely - it is our preference to talk to you we do not take any clients on without you first talking to the solicitor due to be conducting your conveyancing in Radlett.There is no ‘factory style conveyancing’ - each client is an important individual, not a case reference. The practices that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Radlett should be the amount on the final invoice that you end up paying.
My cousin has suggested that I instruct his conveyancing solicitors in Radlett. Should I choose my own conveyancer?
Much as we are happy to recommend a Radlett conveyancing lawyer the ideal way to find a conveyancing solicitor is to get feedback from friends or family who have used the solicitor you're considering.
Last May I purchased a leasehold flat in Radlett. Do I have any liability for service charges for periods before completion of my purchase?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part 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 inherited a basement flat in Radlett. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the premium payable for a lease extension?
in cases where there is a missing landlord or if there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to calculate the price payable.
An example of a Freehold Enfranchisement case for a Radlett residence is 42 Churchill Road in March 2013. The Tribunal determined that the price payable in respect of the acquisition of the freehold of the property as required under the terms of the Court Order dated 21 December 2012, is£26,958 This case affected 1 flat.
How and when do I incur the Stamp Duty Land Tax due for my purchase in Radlett?
The conveyancer will complete a stamp duty return on your behalf during your Radlett purchase transaction for you to sign. After completion your conveyancing practitioner will submit the Land Transaction Return Form to the Tax Authorities and - assuming they have the money - settle any land tax liability on your behalf.