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Find a Gerrards Cross and Chalfont Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Gerrards Cross and Chalfont

Me and my wife are acquiring residence in Gerrards Cross and Chalfont. My property lawyer is not listed on the lender conveyancing panel. Is it possible for me to continue with my Gerrards Cross and Chalfont conveyancing solicitor notwithstanding that they are not on the mortgage company panel?

You must use a conveyancer to complete the legal work required if you require a loan to purchase your property. They will carry out all the appropriate legal checks on the property, ensuring that you will be registered as proprietor and ensure that all the required mortgage paperwork is in place. One can appoint a Gerrards Cross and Chalfont conveyancer of your choosing. Nevertheless, where the conveyancer appointed is not on the bank solicitor panel supplemental costs will be incurred as separate legal representation will be required by them. Lender panel applications may be submitted, so where your solicitor has not in the past sought membership they should take the chance to apply.

Is it necessary to pay for insurance to address the risk of chancel repairs when buying a residence in Gerrards Cross and Chalfont?

Unless a previous purchase of the house took place after 12 October 2013 you can take it that conveyancing practitioners conducting conveyancing in Gerrards Cross and Chalfont to continue to advocate a chancel search and or chancel repair liability policy.

I am looking for a leasehold apartment up to £305k and identified one round the corner in Gerrards Cross and Chalfont I like with a park and railway links nearby, the downside is that it only has 49 years on the lease. There is not much else in Gerrards Cross and Chalfont suitable, so just wondered if I would be making a grave error buying a lease with such few years left?

Should you require a mortgage the remaining unexpired lease term may be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you could request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.

Is it best to use a Gerrards Cross and Chalfont conveyancing practitioner based in the location that I am purchasing? We have a good friend who can conduct the legal formalities but her office is 400miles drive away.

The primary upside of using a high street Gerrards Cross and Chalfont conveyancing firm is that you can pop in to sign documents, present your identification documents and apply pressure on them if necessary. Having local Gerrards Cross and Chalfont know how is a benefit. That being said it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and they were content that must trump using an unknown Gerrards Cross and Chalfont conveyancing solicitor just because they are round the corner.

Having checked my lease I have discovered that there are only 68 years remaining on my flat in Gerrards Cross and Chalfont. I now want to extend my lease but my freeholder is absent. What should I do?

On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be lengthened by the Court. You will be obliged to demonstrate that you have made all reasonable attempts to find the lessor. On the whole a specialist should be helpful to carry out a search and to produce a report which can be used as proof that the landlord can not be located. It is advisable to get professional help from a property lawyer both on proving the landlord’s disappearance and the vesting order request to the County Court overseeing Gerrards Cross and Chalfont.

I have tried to negotiate informally with with my landlord for a lease extension without getting anywhere. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a Gerrards Cross and Chalfont conveyancing firm to assist?

Where there is a missing freeholder or if there is dispute about what the lease extension should cost, under the relevant statutes you can apply to the Leasehold Valuation Tribunal to determine the price.

An example of a Lease Extension matter before the tribunal for a Gerrards Cross and Chalfont premises 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 related to 3 flats. The unexpired lease term was 71 years.

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