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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 conveyancing at risk of delay or failure.

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Recently asked questions about conveyancing in Gidea Park

Can you help - my lawyer advises that flying freehold insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Gidea Park?

The right level of flying freehold indemnity insurance depends on your lender. It would differ for example between HSBC Bank and Chelsea Building Society. Conveyancing lawyers as opposed to members of the public take out such policies.

I had a mortgage agreed in principle with Lloyds. Gidea Park conveyancing solicitors were selected. What is the average time that one could expect to receive a mortgage offer from Lloyds?

There is no definitive answer here. Have Lloyds done the valuation? Have you informed Lloyds as to your lawyers' details and checked that your lawyers are on the Lloyds conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.

At last I have had an offer on a maisonette in Gidea Park accepted, but there is a chain. The owners have placed an offer on a property, but it’s not been accepted yet, and have viewings of other properties in the pipeline. I have chosen a bricks and mortar conveyancing solicitor in Gidea Park. What do I do now? At what stage should I apply for the mortgage with Barclays?

It is normal to have apprehensions where there is a chain as you are unlikely to want to incur costs too early (mortgage application is approx £1k, then valuation, Gidea Park conveyancing search costs, etc). The first course of action is to ensure that your lawyer is on the Barclays conveyancing panel. Regarding the next phase this very much depends on the specifics of your case, attraction to the property and on the state of the market. During a hot market many purchasers would apply for the mortgage with Barclays and pay for the valuation and only if it was satisfactory would they pay their lawyer to press on with the conveyancing in Gidea Park.

Do commercial conveyancing searches disclose planned roadworks that could impact a commercial land in Gidea Park?

Many commercial conveyancing solicitors in Gidea Park will execute a SiteSolutions Highways report as it reduces the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Gidea Park. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Gidea Park.

For each commercial conveyancing transaction in Gidea Park it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can result in delays to Gidea Park commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Gidea Park.

As co-executor for the estate of my uncle I am selling a residence in Neath but I am based in Gidea Park. My solicitor (based 260 kilometers from mehas requested that I execute a stat dec ahead of completion. Could you suggest a conveyancing lawyer in Gidea Park to witness and place their company stamp on the document?

Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are Gidea Park based

Having checked my lease I have discovered that there are only 62 years remaining on my lease in Gidea Park. I now want to get lease extension but my freeholder is absent. What should I do?

If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the Court. You will be obliged to prove that you or your lawyers have made all reasonable attempts to track down the freeholder. For most situations an enquiry agent may be useful to conduct investigations and to produce an expert document to be used as proof that the landlord is indeed missing. It is wise to seek advice from a property lawyer in relation to investigating the landlord’s disappearance and the vesting order request to the County Court overseeing Gidea Park.

I have attempted and failed to negotiate with my landlord for a lease extension without getting anywhere. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a Gidea Park conveyancing firm to assist?

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

An example of a Lease Extension decision for a Gidea Park flat 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 related to 1 flat. The unexpired lease term was 57.5 years.

My brother-in-law has suggested I instruct a conveyancing solicitor in Gidea Park. I I would like to check if they are on the bank's conveyancing panel. Can you help?

You should call the lawyer to check if they are on the lender's approved list. If that does not help call us and we can make some checks for you. Should the firm not be on the conveyancing panel we can certainly arrange a quality conveyancing solicitor in Gidea Park on the panel for your lender.

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