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Ready to buy a new home in Bushey? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Bushey conveyancing at risk of delay or failure.

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Recently asked questions about conveyancing in Bushey

My husband and I are refinancing our flat in Bushey with Skipton. We have a son 18 who lives at home. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who lives in the flat. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the apartment is forfeited by the lender. I have a couple of questions (1) Is this document specific to the Skipton conveyancing panel as he did not need to sign this form when we purchased 3 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?

On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Skipton. This is solely used to protect Skipton if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Skipton had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.

I am buying a new build apartment in Bushey. 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 may expect your new-build leasehold conveyancing in Bushey

    Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please confirm the Lease plans are surveyor prepared. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.

Taking into account that I am about to part with 450k on a property in Bushey I would like to talk to a lawyer regarding theconveyancing ahead of instructing the firm. Can this be arranged?

We could not agree more - it is our preference to talk to you we do not take any clients on without you speaking to the lawyer due to be doing your property ownership legalities in Bushey.There is no ‘factory style conveyancing’ - every client is unique person, not a case reference. The solicitors that we put you in touch with believe that the figure you are quoted for residential conveyancing in Bushey should be the figure that you end up paying.

My husband and I are new to the buying process - had an offer accepted, yet the estate agent advised that the seller will only move forward if we instruct the agent's chosen solicitors as they want an ‘expedited deal’. Our preferred option is to instruct a local conveyancer who is familiar with conveyancing in Bushey

It is unlikely the owners are driving this. If they desire ‘a quick sale', taking such a hostile approach to a serious buyer is going to damage their objectives. Bypass the agents and go straight to the owners and make sure they understand (a)you are serious purchasers (b)you are excited to move forward, with finances in place © you are chain free (d) you wish to move quickly (e)however you are going to use your preferred Bushey conveyancing firm - rather thanthe ones that will earn their estate agent a referral fee or hit his conveyancing thresholds pre-set by senior management.

Why can't I complete my conveyancing in Bushey on Good Friday?

Because on completion the funds needs to be transferred electronically between the banks of the buyer and seller's lawyer and currently this can only take place on a business day. So you can't complete on a saturday or sunday either.

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Bushey
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