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

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

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


Recently asked questions about conveyancing in Harold Park

I am purchasing a right to buy a flat in Harold Park. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?

Leaving aside the complexities and merits of DIY conveyancing in Harold Park you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Harold Park.

How does conveyancing in Harold Park differ for new build properties?

Most buyers of new build residence in Harold Park approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is constructed. This is because developers in Harold Park tend to buy the site, 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 conveyancers 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 Harold Park or who has acted in the same development.

Do I need to be concerned that brokers that I am dealing with are suggesting a factory type conveyancing firm rather than a High Street Harold Park conveyancing firm?

As is the case with lots of service providers, often suggestions from relatives can be extremely useful or valuable. But there are numerous players in a conveyancing transaction; estate agents, financial adviser and banks might all recommend conveyancers to appoint. Sometimes these solicitors might be known to one of the organisations as being good in their field, but sometimes there might be a financial incentive behind the endorsement. You are free to select your preferred lawyer. You need to be aware that many lenders specify a panel list of solicitors you have to use for the lender aspect of your conveyancing.

I need to instruct a conveyancing solicitor for sale conveyancing in Harold Park. I happened to chance upon a site which seems to have the ideal solution If there is a chance to get all the legals done via email that would be ideal. Should I be wary? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I am a negotiator for a reputable estate agent office in Harold Park where we have experienced a number of leasehold sales derailed as a result of short leases. I have been given conflicting advice from local Harold Park conveyancing firms. Could you shed some light as to whether the vendor of a flat can instigate the lease extension formalities for the buyer?

Provided that the seller has owned the lease 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 can avoid having to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed 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.

Having spent years of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Harold Park. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?

Where there is a missing landlord or if there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to calculate the premium.

An example of a Lease Extension matter before the tribunal for a Harold 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 number of years remaining on the existing lease(s) was 57.5 years.

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