Find a Gidea Park Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Gidea Park

Why would I use a Gidea Park conveyancing company given that online alternatives are less expensive?

Its a good idea to scrutinise conveyancing costs in Gidea Park and you should seek a competitive estimate but don’t become consumed with searching for the cheapest Gidea Park conveyancer. Appointing the right conveyancer can be the distinction between a seamless and a frustrating move. You need to ensure that you have expert guidance from a specialist solicitor. An e-mail can never take the place of a telephone call and are no substitute for a one to one meeting. The firms that we work with will allocate you a qualified and top rated conveyancing solicitor who can tackle your conveyancing from start to finish, providing a level of continuity that you rarely receive from an online conveyancer. He or She will keep you updated as to any developments and keep you informed. Should it ever be necessary to call the office you will know who you need to speak to and we'll endeavour to make sure that you are kept fully informed.

We are purchasing our first house. The solicitor has messagedto see if we wish to purchase extra conveyancing searches. Unfortunately we in the dark as to what's necessary for conveyancing in Gidea Park

The extent of Gidea Park conveyancing searches should be dictated primarily on the property, the location, the possibility of any of these risks, your familiarity of the locality and risks, your general attitude to risk. What is important is that you properly comprehend what information each search could give you. Then you can make a decision if you personally think you need that information. If in doubt, ask your property lawyer to explain.

We note that you have a post code search directory identifying firms on the Yorkshire BS conveyancing panel. Do firms pay you a commission if I appoint them for our conveyancing in Gidea Park?

We are a listing service only for law firms wishing to communicate if they are on the Yorkshire BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Gidea Park.

My stepmother pointed out to me me that in buying a property in Gidea Park there may be various restrictions limiting what one can do in terms of external changes to the property. Is this right?

There are a number of properties in Gidea Park which have some sort of restriction or requirement of consent to carry out external changes. Part of the conveyancing in Gidea Park should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

Can you help - my lawyer advises that missing deeds insurance is necessary on my purchase. What is the level of cover for Gidea Park conveyancing?

The right level of missing deeds indemnity insurance should be dictated by who your lender. It would differ for example between Accord Mortgages Ltd and Norwich and Peterborough Building Society. Conveyancing solicitors as opposed to borrowers take out such insurances.

We previously appointed conveyancers based in Gidea Park on the Santander solicitor panel. They are now charging me an additional charge for dealing with the Santander mortgage. Is this a supplemental conveyancing fee specified by Santander?

As unfair as it may seem, as long as it’s in their Terms and Conditions or Quote then yes your property lawyer may charge a fee for this. The fee is not dictated by Santander but by your Gidea Park property lawyer. Numerous firms on the Santander panel will quote ’dealing with mortgage’ fee but some practices incorporate it on their overall fee.

I am a negotiator for a reputable estate agency in Gidea Park where we see a few leasehold sales derailed due to short leases. I have been given contradictory information from local Gidea Park conveyancing firms. Please can you shed some light as to whether the vendor of a flat can initiate the lease extension process for the purchaser on completion of the sale?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the disposal of the property.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

I am the leaseholder of a two-bedroom flat in Gidea Park. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the amount payable for a lease extension?

Absolutely. We can put you in touch with a Gidea Park conveyancing firm who can help.

An example of a Lease Extension decision for a Gidea Park property is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case was in relation to 1 flat. The unexpired residue of the current lease was 57.5 years.

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