We see that you have a search directory identifying solicitors on the Santander conveyancing panel. Do firms pay you a commission if I appoint them for our own conveyancing in Hazlemere?
We are a listing service only for law firms wishing to communicate if they are on the Santander conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Hazlemere.
My wife and I are in the throws of looking at apartments in Hazlemere and I am about to put in an offer. Is it sensible to have a solicitor on ‘stand by’? I will be getting a mortgage with Aldermore.
It would be wise to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on to the EA. As you are seeking a mortgage with Aldermore, make sure you remember to check that your lawyer is on the Aldermore conveyancing panel.
I have paid off my mortgage with Yorkshire BS. I assume I don't need a Hazlemere solicitor on the Yorkshire BS panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Yorkshire BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Yorkshire BS mortgage from the register. Yorkshire BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Yorkshire BS has sent the Land Registry the discharge electronically, and
- Yorkshire BS has instructed the Land Registry to do so
About to purchase apartment in Hazlemere. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Aldermore conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Hazlemere property lawyer is on the Aldermore conveyancing panel.
I acquired my apartment on 2 May and my personal details are still not on the land registry website. Should I be concerned? My conveyancing solicitor in Hazlemere advises it should be recorded in less than a month. Are transfers in Hazlemere particularly slow to register?
There is nothing unique when it comes to conveyancing in Hazlemere registration formalities. As opposed to being determined by geographic area, timescales can vary according to who lodges the application, whether it is in order and if the Land registry must send notices to any interested parties. As of today in the region of 80% of submission are completed within 12 days but occasionally there can be protracted delays. Registration is effected once the buyer has moved in to the premises thus 'speed' is not usually primary concern but if it is urgent that the the registration takes place urgently then you or your solicitor can communicate with the Registry to express the reasoning for the application to be prioritised.
I'm refinancing my existing house to a BTL loan with Nationwide Building Society and I will use the ballance of the raised equity towards further house. The location we are talking about is Hazlemere. Will your solicitors be able to act for both sets of banks and tie in the two deals?
Do use our comparison tool on this page to be sure that the conveyancers are approved by both lenders. Having checked that they are the conveyancer will be able to connect the two deals but you should have a chat with you lawyer and make apparent your expectations and requirements.
I work for a reputable estate agent office in Hazlemere where we have witnessed a few flat sales put at risk due to leases having less than 80 years remaining. I have been given inconsistent advice from local Hazlemere conveyancing firms. Could you clarify whether the vendor of a flat can start the lease extension formalities for the buyer?
As long as 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. The benefit of this is that the proposed purchaser need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the sale.
Alternatively, it may be possible to agree the lease extension with the freeholder 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 acquired a garden flat in Hazlemere, conveyancing formalities finalised half a dozen years ago. How much will my lease extension cost? Similar flats in Hazlemere with an extended lease are worth £216,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease terminates on 21st October 2088
With just 69 years remaining on your lease we estimate the premium for your lease extension to span between £9,500 and £11,000 plus legals.
The figure above a general guide to costs for extending a lease, but we are not able to supply the actual costs without more detailed investigations. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.