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Recently asked questions about conveyancing in Henlow

As someone unfamiliar with conveyancing in Henlow what’s the number one tip you can give me for the house moving process in Henlow

Not many law firms or advisers will tell you this but conveyancing in Henlow or throughout England and Wales is often a confrontational process. Put another way, when it comes to conveyancing there exists plenty of opportunity for friction between you and others involved in the transaction. For example, the vendor, selling agent and on occasion the mortgage company. Choosing a solicitor for your conveyancing in Henlow is a critical decision as your conveyancer is your adviser, and is the ONLY person in the transaction whose role it is to protect your best interests and to keep you safe.

On occasion a third party with a vested interest will try and persuade you that it is in your interests to do things their way. For instance, the selling agent may claim to be assisting by claiming that your solicitor is slow. Or your financial adviser may try to convince you to do something that is against your solicitors recommendation. You should always trust your lawyer above all other parties in the conveyancing process.

Will commercial conveyancing searches reveal impending roadworks that could affect a commercial land in Henlow?

Many commercial conveyancing solicitors in Henlow will conduct a SiteSolutions Highways report as it reduces the time that conveyancers spend in investigating accurate data on highways that impact buildings and development assets in Henlow. 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 Henlow.

For every commercial conveyancing transaction in Henlow it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may result in delays to Henlow commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Henlow.

I have recentlybecome aware that Arc property Solicitors have been shut down. They conducted my conveyancing in Henlow for a purchase of a leasehold flat 10 months ago. How can I establish that the property is not still registered in the name of the previous owner?

The quickest way to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Henlow conveyancing specialists.

In surfing the web for the phrase conveyancing in Henlow it brings up numerous solicitorsin the vicinity. How do I determine which is the suitable conveyancing solicitor for the sale of my house?

The ideal method of choosing the right conveyancer is through a trusted referral, so seek the guidance of friends and relatives who have bought a property in Henlow or a local estate agent or financial adviser. Costs for conveyancing in Henlow differ, so it's sensible to obtain a minimum of four costs illustrations from varying types of companies. Dont forget to clarify that the fees are fixed.

I work for a long established estate agency in Henlow where we have experienced a few flat sales derailed due to short leases. I have been given conflicting advice from local Henlow conveyancing solicitors. Could you shed some light as to whether the vendor of a flat can instigate the lease extension formalities for the purchaser on completion of the sale?

As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to sit tight for 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 at the same time as completion of the disposal of the property.

An alternative approach is 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.

Henlow Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing

    Does the lease include onerous restrictions? In the main the cost for major works are not included within maintenance charges, although there some managing agents in Henlow ask leaseholders to pay into a sinking fund created for the specific intention of establishing a fund for larger repairs or maintenance. Plenty Henlow leasehold properties will have a service bill for maintenance of the building invoiced by the landlord. Should you buy the flat you will have to pay this charge, normally quarterly during the year. This may differ from two or three hundred pounds to thousands of pounds for buildings with lifts and large communal areas. In all likelihood there will be a ground rent to be met annual, ordinarily this is not a exorbitant amount, say approximately £25-£75 but you need to enquire it because on occasion it can be prohibitively expensive.

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