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Find a Hazlemere Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Hazlemere

I am buying a garden flat in Hazlemere. How practical is it for me to do the conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in Hazlemere you will have to appoint a solicitor on your bank'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 Hazlemere.

It has been four months following my purchase conveyancing in Hazlemere completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

How does conveyancing in Hazlemere differ for new build properties?

Most buyers of new build or newly converted property in Hazlemere contact us having been asked by the developer to sign contracts and commit to the purchase even before the premises is built. This is because developers in Hazlemere usually purchase the real estate, 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 Hazlemere or who has acted in the same development.

I have just appointed agents to market my 2 bed apartment in Hazlemere. Conveyancing is yet to be initiated, but I have recently had a quarterly maintenance charge invoice – should I leave it to the buyer to sort out?

The sensible thing to do is pay the maintenance contribution as normal because all rents and maintenance charges should be allotted on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

I own a studio flat in Hazlemere, conveyancing formalities finalised half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Hazlemere with over 90 years remaining are worth £190,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease finishes on 21st October 2086

You have 62 years remaining on your lease we estimate the premium for your lease extension to be between £17,100 and £19,800 plus costs.

The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before getting professional advice.

Our lawyer in Hazlemere has identified a defect with the lease for the property we are buying in Hazlemere. The seller’s lawyers have suggested defective title insurance as a workaround. We are content with insurance and will cover the costs. Our lawyer has advised that as he is on the bank conveyancing panel he must ensure that the lender is happy with this solution. Who is the client here, us or the lender?

Just because you have a mortgage offer from the lender does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your Hazlemere conveyancing lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook Requirements. You and the mortgage company are the client. These conveyancing instructions must be adhered to by the mortgage company conveyancing panel who has to balance acting for you and the mortgage company

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