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Find a Chesham Conveyancing Solictior on Your Lender’s Panel

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

Only LenderPanel.com provides a subset of authorised Chesham conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Chesham

I am only a couple days away from an exchange on a house in Chesham and my mum and dad have sent the 10% deposit to my lawyer. I am now told that as the deposit has been sent from someone other than me my solicitor needs to make a notification to my mortgage company. I am advised that, in also acting for the mortgage company he must advise them that the balance of the purchase price is coming from anyone other than me. I disclosed to the bank about my parents' contribution when I applied for the home loan, so is it really appropriate for him to raise this?

The conveyancer is obliged to clarify with the bank to make sure that they understand that the balance of the purchase price is not from your own funds. Your solicitor can only report this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.

Is there a reason why leasehold purchase conveyancing in Chesham costs more?

Chesham leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.

I have recentlyfound out that Arc property Solicitors have been shut down. They carried out my conveyancing in Chesham for a purchase of a leasehold flat 18 months ago. How can I establish that the property is registered correctly in the name of the previous owner?

The quickest method to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Chesham conveyancing specialists.

I'm refinancing my existing property to a BTL mortgage with Accord Mortgages Ltd and intend to use the remaining equity as a down payment on another property. The neighborhood we are looking at is Chesham. Will your conveyancers be able to act for both sets of lenders and link together the conveyances?

Make use of our comparison tool on this page to check that the solicitors are on the appropriate lender panels. Assuming that they are the lawyer should be able to connect the two deals but you should have a chat with you lawyer and make clear your desired outcome and needs.

I would like to rent out my leasehold flat in Chesham. Conveyancing solicitor who did the purchase is retired - so can't ask her. Is permission from the freeholder required?

A lease dictates the relationship between the landlord and you the flat owner; specifically, it will set out if subletting is prohibited, or permitted but only subject to certain conditions. The accepted inference is that if the lease contains no expres ban or restriction, subletting is permitted. The majority of leases in Chesham do not prevent an absolute prevention of subletting – such a clause would undoubtedly devalue the property. In most cases there is simply a requirement that the owner notifies the freeholder, possibly sending a copy of the tenancy agreement.

I purchased a 2 bed flat in Chesham, conveyancing formalities finalised 4 years ago. Can you work out an approximate cost of a lease extension? Similar flats in Chesham with a long lease are worth £190,000. The ground rent is £65 per annum. The lease ends on 21st October 2080

With 61 years remaining on your lease the likely cost is going to span between £19,000 and £22,000 as well as costs.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.

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