Do all mortgage companies provide you with an approved list of Broxbourne conveyancing solicitors? How do you know who is on the HSBC conveyancing panel?

Broxbourne conveyancing firms themselves provide us confirmation that they are on the HSBC conveyancing panel as opposed to being supplied with a list from HSBC directly.

A friend recommended that if I am buying in Broxbourne I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

A search of this type is usually included in the estimate for your Broxbourne conveyancing searches. It is not a small report of about 40 pages, listing and detailing important information about Broxbourne around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Broxbourne Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Broxbourne Education with maps and statistics, Local Amenities and other useful data concerning Broxbourne.

Hoping to buy a property located in Broxbourne and I am already nervous. I couldn't find anything specific about Broxbourne. Conveyancing will be needed in due course but do you know about the Broxbourne area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Broxbourne. In the meantime here are some basic statistics that we found

I am in need of some leasehold conveyancing in Broxbourne. Before diving in I want to be sure as to the unexpired term of the lease.

Assuming the lease is registered - and most are in Broxbourne - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I bought a split level flat in Broxbourne, conveyancing having been completed in 1995. How much will my lease extension cost? Comparable flats in Broxbourne with an extended lease are worth £176,000. The average or mid-range amount of ground rent is £50 per annum. The lease ends on 21st October 2105

With only 80 years left to run the likely cost is going to range between £7,600 and £8,800 plus costs.

The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.

My fiance and I are purchasing a four bedroom bungalowin Broxbourne with a loan from a mortgage company. We wish to instruct our solicitor in Broxbourne yet our lender inform us now that he's not on their "panel". Apparently we need to choose from the our lender panel firms or keep our Broxbourne solicitor and pay for one of their panel ones to represent our lender. This seems very unfair; is there anything we can do?

No, not really. The bank home loan issued is subject to conditions, one of which will be that solicitors will on the bank's conveyancing panel. in the past, most lenders had large numbers of law firms on their panels, including almost all conveyancing solicitors in Broxbourne : a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for your bank.