We opted for a local solicitor for my conveyancing in Hadley Wood last week. After carefully reading the Ts and Cs I seewe are liable for costs even where the transaction does not complete. Should I ditch them and appoint a web based conveyancing brokerage promoting no-sale-no-fee conveyancing in Hadley Wood?
It is usually ‘give and take’ in that if "No Completion No Fee" is available then the fee levels will tend to be be higher to cover those transactions that do not proceed. You should be mindful that such deals tend not to protect you from outlay e.g. Hadley Wood conveyancing search fees.
Due to the advice of my in-laws I had a survey completed on a house in Hadley Wood prior to instructing lawyers. I have been told that there is a flying freehold aspect to the house. The surveyor advised that some lenders may not give a loan on such a property.
It depends who your proposed lender is. Lloyds has different requirements from Birmingham Midshires. If you e-mail us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Hadley Wood. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Hadley Wood to see if the conveyancing costs will increase in light of this.
I was recommended by a few property agents in Hadley Wood to select a solicitor using your seach tool. What’s the financial inducement for Estate Agents to offer your services over and above a competitor’s?
We don’t make any financial incentive for pointing buyers and sellers our way. We found it would be just too difficult a fee as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
Looking forward to complete next month on a studio apartment in Hadley Wood. Conveyancing solicitors have said that they report fully within the next couple of days. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Hadley Wood should include some of the following:
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Will you be prohibited or prevented from having pets in the property? How long the lease is. You should be advised as what happens when the lease expires, and aware of the importance of the 80 year mark What the implications are if you breach a clause of your lease? Whether your lease has a provision for a sinking fund? Repair and maintenance of the premises
Having spent months of correspondence we are unable to agree with our landlord on how much the lease extension should cost for our flat in Hadley Wood. Can we issue an application to the Residential Property Tribunal Service?
if there is a absentee landlord or where there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to arrive at the amount due.
An example of a Lease Extension matter before the tribunal for a Hadley Wood flat is Flat 2 2 Netherfield Road in April 2010. The Tribunale held that premium payable for a 90 year extension to the existing Lease should be £7,705. This case was in relation to 1 flat. The unexpired lease term was 76 years.
I see that you have a search directory identifying firms on the bank conveyancing panel. Do Hadley Wood conveyancing firms pay you a commission if I appoint them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Hadley Wood.