My financial adviser requires my Henlow solicitor’s panel reference for the Santander conveyancing panel. What is the best way to find this out. I have tried my local Henlow branch but they don't know it.

You are best placed to get this information from your Henlow conveyancing practitioner . They should have a central record lender panel numbers.

My mortgage company has suggested a law firm on their panel based in Henlow but I would rather choose a conveyancing lawyer in Henlow round the corner to me. Can you assist?

Far from all Henlow conveyancing solicitors are on all lender’s conveyancing panel. Use the above search tool to find a Henlow conveyancing solicitor on the on the bank panel.

My business partner and I are wishing to lease a unit on the high street. Can you recommend conveyancers offering no-move-no charges for non-domestic conveyancing in Henlow for less than £2000?

We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Henlow, including the sale and purchase of businesses as well as simply premises. Whether you are hoping to acquire or lease a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right firm. As for the charges these will vary based on the structure and complexity of the proposed transaction. Please provide us with your details or email us so that we may provide you with comprehensive commercial conveyancing quote.

What makes a Henlow lease defective?

Leasehold conveyancing in Henlow is not unique. All leases are drafted differently and drafting errors can sometimes mean that certain sections are missing. The following missing provisions could result in a defective lease:

A provision for the recovery of money spent for the benefit of another party. Service charge per centages that don't add up correctly leaving a shortfall

A defective lease can cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Accord Mortgages Ltd, Coventry Building Society, and Nottingham Building Society all have very detailed requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to grant the mortgage, forcing the purchaser to withdraw.

Henlow Leasehold Conveyancing - Sample of Queries Prior to buying

You should be aware that where the lease has no more than 80 years it will have adverse implications on the marketability of the flat. Check with your lender that they are willing to lend given the lease term. Leases with less than 80 years remaining means that you will most likely have to extend the lease at some point and it is worth discovering what this would cost. For most Henlowlease extensions you will be be obliged to have been the owner of the residence for 24 months in order to be eligible to extend the lease. What restrictions are there in the Henlow Lease? In the main the cost for major works are not incorporated into the maintenance charges, albeit that some managing agents in Henlow ask tenants to contribute towards a sinking fund and this is used to offset against major works.

My 20yr old son is embarking on her first house purchase, he had his mortgage in principle. After the seller agreed the offer on the flat we rang the mortgage company to go forward with his. I was disappointed to discover that banks do not accept all lawyer, they need to be on their approved list, is this right?

Mortgage Companies ordinarily restrict either the type or the number of conveyancing firms on their panel. A common example of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that banks have no responsibility for the quality of advice provided by any Henlow solicitor on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Presumably not.