We note that you have a post code search directory listing firms on the HSBC conveyancing panel. Do companies pay you a referral fee if I retain them for our conveyancing in Boxmoor?

We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Boxmoor.

Should our solicitor be asking questions concerning flooding during the conveyancing in Boxmoor.

Flooding is a growing risk for conveyancers specialising in conveyancing in Boxmoor. There are those who buy a house in Boxmoor, fully expectant that at some time, it may suffer from flooding. However, aside from the physical destruction, where a property is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or sell the property. Steps can be carried out during the course of a house purchase to forewarn the buyer.

Lawyers are not qualified to offer advice on flood risk, but there are a various checks that can be initiated by the purchaser or on a buyer’s behalf which should figure out the risks in Boxmoor. The conventional set of property information forms given to a buyer’s solicitor (where the Conveyancing Protocol is adopted) includes a standard inquiry of the vendor to find out if the property has ever been flooded. If the residence has been flooded in past which is not revealed by the owner, then a purchaser may commence a compensation claim resulting from an incorrect response. A purchaser’s conveyancers will also commission an environmental report. This should higlight whether there is any known flood risk. If so, more detailed investigations will need to be carried out.

I am buying a new build flat in Boxmoor. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Boxmoor

Please confirm the Lease plans are architect prepared. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.

I work for a long established estate agent office in Boxmoor where we see a number of flat sales jeopardised due to short leases. I have been given conflicting advice from local Boxmoor conveyancing solicitors. Can you confirm whether the vendor of a flat can start the lease extension process for the buyer?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the sale.

An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

Boxmoor Conveyancing for Leasehold Flats - Examples of Queries Prior to Purchasing

It would be wise to find out if the the lease contains any onerous restrictions in the lease. For example plenty of leases prohibit pets being permitted in certain buildings in Boxmoor. If you love the flatin Boxmoor however your dog can’t make the move with you then you have a very hard compromise. It is important to be aware if changing the roof or some other major work is due shortly that will be shared between the leaseholders and will materially increase the the maintenance charges or result in a specific payment.

Been reading online that Boxmoor solicitors are more costly than licensed conveyancers in Boxmoor when it comes to purchasing a house. Am I better off using a conveyancer or a solicitor if I am purchasing for my home move in Boxmoor.

When it comes to conveyancing in Boxmoor the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.