I am need of leasehold conveyancing for a flat in a relatively new development (five years old) in Harpenden. The vast majority the appartments are already disposed of. Do I need carry out the conveyancing searches as part of conveyancing in Harpenden?
You are putting yourself at risk in refusing to carrying out Harpenden conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal requirement to have them, but we would seriously advise in the strongest possible terms that you have them. Where time pressures and driving down costs are top of your issues you should discuss with your lawyer about the options such as indemnity insurance available to you
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Harpenden. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 17/4/2024, the requirements read as follows :
Do commercial conveyancing searches reveal proposed roadworks that could impact a commercial estate in Harpenden?
Many commercial conveyancing solicitors in Harpenden will carry out a SiteSolutions Highways report as it reduces the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Harpenden. The search result sets out 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 Harpenden.
For each commercial conveyancing transaction in Harpenden it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may cause delays to Harpenden commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Harpenden.
I've recently found out that there is a flying freehold element on a property I put an offer in last month in what should have been a simple, no chain conveyancing. Harpenden is the location of the property. What do you suggest?
Flying freeholds in Harpenden are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Harpenden you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Harpenden may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
How easy is it to change solicitor as I have to find a firm on the Virgin Money conveyancing panel. I had appointed a local conveyancing solicitor in Harpenden round the corner but the firm is not accepted by Virgin Money
It would be our pleasure to help you find a conveyancing solicitor in Harpenden on the Virgin Money panel. Please note that the conveyancers that we work with do not pay us commission if you instruct them and are authorised and regulated by the SRA who regulate all conveyancing solicitors in Harpenden. In making use of search facility on this website, you can scrutinise charges for conveyancing solicitors in Harpenden and beyond.