My fiance’s step-father is a property lawyer. I suspect that I'll be able to get friends and family rates for conveyancing, However if that does not come materialise, what kind of fees would I typically be looking at for conveyancing in Cheshunt?
It’s sensible to seek 3 or more like-for-like conveyancing quotes. Do use our search tool on this page. Whilst prices may be different but the service one can expect are distinct between conveyancers as is the case with most professions.
Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what should have been a quick, chain free conveyancing. Cheshunt is the location of the property. Can you shed any light on this issue?
Flying freeholds in Cheshunt are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Cheshunt you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Cheshunt may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
How can the Landlord & Tenant Act 1954 impact my commercial premises in Cheshunt and how can your lawyers assist?
The 1954 Act gives protection to business tenants, giving them the right to make a request to court for a new lease and continue in occupation when the lease reaches an end. There are limited grounds that a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Cheshunt is one of our numerous areas of the UK in which our lawyers have offices
Is it best to choose a Cheshunt conveyancing practitioner in close proximity to the house I am purchasing? We have a good friend who can handle the legal work however they are based over three hundred miles away.
The benefit of a local Cheshunt conveyancing practice is that you can visit the firm to sign paperwork, present your ID and apply pressure on them if necessary. Having local Cheshunt know how is a benefit. However nothing is more important than finding someone that will pull out all the stops for you. If other friends have used your friend and the majority were content that should surpass using an unknown Cheshunt conveyancing solicitor just because they are Cheshunt based.
Our lawyer in Cheshunt has uncovered a a problem with the lease for the apartment we are buying in Cheshunt. The other side have put forward title insurance as a workaround. We are content with insurance and will cover the costs. Our lawyer says that as he is on the mortgage company conveyancing panel he must check that the lender is happy with this solution. Who is the client here, us or the mortgage company?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the lender are the client. A precondition to being on the mortgage company approved panel is to comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects will the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected . Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.