lenderpanel

Find a Chorleywood Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Chorleywood

Are you able to vouch for a Aldermore approved Chorleywood conveyancing lawyer finish our house move within under 3 weeks? Would it be better to use a high street Chorleywood practice or a factory type firm?

We can recommend some very good Chorleywood conveyancing firms. You can also walk up the high street in Chorleywood. Visit some well established firms and request to speak with a conveyancing solicitor for a fee estimate. Explain your deadline together with your reasons and ask for an assurance on speed. Select the one that appears most efficient.

Is it necessary during the course of the conveyancing process to pop into the offices of the solicitor to execute the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Chorleywood so that I can attend their offices if necessary.

Most approved lawyers for lenders conduct the vast majority of work through Royal Mail, e-mail or over phone calls. This means that they can undertake the legal work for your home move no matter where you live in the country. That being said you should see if you can still book an appointment to visit conveyancing lawyer if you prefer.

It has been 3 months following my purchase conveyancing in Chorleywood completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

How does conveyancing in Chorleywood differ for newly converted properties?

Most buyers of new build residence in Chorleywood come to us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because house builders in Chorleywood usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Chorleywood or who has acted in the same development.

All being well we will complete the disposal of our £350,000 apartment in Chorleywood next week. The managing agents has quoted £300 for Certificate of Compliance, building insurance schedule and 3 years statements of service charge. Is the landlord entitled to charge such fees for a leasehold conveyance in Chorleywood?

Chorleywood conveyancing on leasehold flats normally involves fees being levied by managing agents :

    Addressing pre-contract enquiries Where consent is required before sale in Chorleywood Copies of the building insurance and schedule Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale
Your lawyer will have no control over the level of the charges for this information but the average costs for the information for Chorleywood leasehold property is £350. For Chorleywood conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are required to supply answers.

I have given up trying to reach an agreement for a lease extension in Chorleywood. Can the Leasehold Valuation Tribunal adjudicate on premiums?

Where there is a absentee landlord or where there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to judgment on the amount due.

An example of a Lease Extension matter before the tribunal for a Chorleywood property is Flats 8, 11 and 15 Craigmore Court 46 Murray Road in December 2013. The tribunal held that the price payable by the Applicant tenant of Flat 8 to acquire an extended lease shall be £26,438 plus £1 to the intermediate lessee . The tribunal held that the price payable by the Applicant tenants of Flat 11 to acquire an extended lease shall be £26,791 plus £1 to the intermediate lessee. The tribunal held that the price payable by the Applicant tenant of Flat 15 to acquire an extended lease shall be £26,638 plus £1 to the intermediate lessee . This case affected 3 flats. The unexpired term as at the valuation date was 71 years.

Last updated

Find out more about how flying freehold can affect your the value of a property.