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Find a Higham Wood Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Higham Wood

How do I find the right solicitor to supply a first class service for our conveyancing in Higham Wood?

First ask relatives whom they would instruct.

Second, use a search tool on the web for conveyancing in Higham Wood. Ring two or three listed and invite them to email you their conveyancing quote and discuss your needs with the solicitor who will conduct the legal process in advance ofmaking your decision.

Option 3 is to use our search tool to assist you in finding the right solicitors taking into account your personal expectations including area of the property,timings, complications and who the proposed mortgage company is. Do not be fooled by £100 conveyancing in Higham Wood

I used Wolstenholmes a few years past for my conveyancing in Higham Wood. Now, I need my documents but the law firm is no longer operating. What do I do?

Do call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Higham Wood of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

I am purchasing a new build house in Higham Wood benefiting from help to buy. The developers would not budge the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep told me not reveal to my conveyancer about the deal as it will put at risk my loan with the lender. Should I keep quiet?.

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.

I opted to have a survey completed on a house in Higham Wood before instructing conveyancers. I have been informed that there is a flying freehold overhang to the house. My surveyor has said that some mortgage companies will refuse to grant a mortgage on such a property.

It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. Should you wish to telephone us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Higham Wood. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Higham Wood to see if the conveyancing will be more expensive.

I am a negotiator for a reputable estate agency in Higham Wood where we have experienced a number of leasehold sales jeopardised as a result of leases having less than 80 years remaining. I have been given inconsistent advice from local Higham Wood conveyancing solicitors. Could you clarify whether the owner of a flat can commence the lease extension process for the buyer?

Provided that the seller has owned the lease 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 proposed purchaser can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the disposal of the property.

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 inherited a 2 bed flat in Higham Wood, conveyancing having been completed in 2011. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding properties in Higham Wood with an extended lease are worth £197,000. The average or mid-range amount of ground rent is £55 charged once a year. The lease ends on 21st October 2074

You have 55 years left to run the likely cost is going to range between £31,400 and £36,200 as well as costs.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you 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 move forward placing reliance on this information before getting professional advice.

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Find out more about how flying freehold can affect your the value of a property.