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Find a Hertfordshire Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Hertfordshire

I am purchasing a property mortgage free in Hertfordshire. I have lived for the previous 15 years in Hertfordshire. Conveyancing searches are a lot of money. As I have knowledge of the road and vicinity very well should I not bother getting the solicitor to do all the conveyancing searches?

Provided that you do not need a home loan, then the vast majority of the Hertfordshire conveyancing searches are at your discretion. Your conveyancer will ’encourage you, perhaps strongly, that you should have searches completed, but she has a professional duty to take that path of guidance. Do take into account; if you are going to sell the house in the future, it may be of interest to your future buyer what the searches disclose. On occasion properties with no practical issues can still throw up unfavourable search results. A good conveyancing solicitor in Hertfordshire should provide you some practical guidance here.

We are selling our flat in Hertfordshire. Will the conveyancing practitioner have to be on the Principality conveyancing panel in order to deal with redeeming my mortgage?

Ordinarily, even if your lawyer is not on the Principality conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently at the moment.

I'm buying my first flat in Hertfordshire benefiting from help to buy. The sellers refused to move on the price so I negotiated 6k of extras instead. The house builders rep advised me not disclose to my conveyancer about the deal as it will impact my loan with the bank. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one near me in Hertfordshire I like with open areas and transport links in the vicinity, the downside is that it's only got 49 remaining years left on the lease. There is not much else in Hertfordshire in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?

Should you need a mortgage that many years will likely be problematic. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least twenty four months you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.

I am employed by a reputable estate agency in Hertfordshire where we have experienced a number of leasehold sales put at risk due to short leases. I have received inconsistent advice from local Hertfordshire conveyancing firms. Please can you shed some light as to whether the vendor of a flat can instigate the lease extension process for the purchaser on completion of the sale?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the disposal of the property.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord 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 purchaser.

I am the registered owner of a garden flat in Hertfordshire, conveyancing formalities finalised in 1998. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Hertfordshire with an extended lease are worth £265,000. The ground rent is £50 levied per year. The lease terminates on 21st October 2097

With 76 years left to run the likely cost is going to be between £8,600 and £9,800 plus costs.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of comprehensive due diligence. Do not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.

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