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Find a Histon Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Histon

My best friend’s brother is a conveyancing practitioner. I suspect that I will receive friends and family rates for conveyancing, but if not, what kind of fees should I be expecting for conveyancing in Histon?

You should compare pricing. Make use of our search tool on this page. Whilst prices seem to be different but the service one can expect are distinct between solicitors as is true with most professions.

I am purchasing a property and the solicitor has identified Chancel Repair for which the house could be obligated to contribute to as it falls into the area of such a church. He has recommended insurance. Is this really warranted for conveyancing in Histon

Unless a prior acquisition of the property took place after 12 October 2013 you could take it that lawyers carrying out conveyancing in Histon to continue to propose a a chancel search and or chancel repair liability policy.

Yesterday I discovered that there is a flying freehold issue on a property I have offered on last month in what should have been a simple, chain free conveyancing. Histon is the location of the property. Can you offer any guidance?

Flying freeholds in Histon are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Histon you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Histon may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

I am a sole trader looking to lease a unit on a shopping parade. Can you recommend lawyers offering no-move-no charges for non-domestic conveyancing in Histon for less than 2k?

We can recommend firms who have an in-depth of experience of commercial conveyancing in Histon, including the disposal and acquisition of businesses as well as simply property. If you are hoping to purchase or sell a shop, pub, restaurant, office, retail premises or a whole business we will find you the right solicitor. Regarding the charges these will vary based on the structure and complexity of the deal. Please provide us with your details or call us so that we can provide you with a detailed commercial conveyancing quote.

I am a negotiator for a reputable estate agency in Histon where we have experienced a few leasehold sales put at risk due to leases having less than 80 years remaining. I have received inconsistent advice from local Histon conveyancing firms. Please can you clarify 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 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. The benefit of this is 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 sale.

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 buyer.

I purchased a 1st floor flat in Histon, conveyancing formalities finalised 6 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Histon with over 90 years remaining are worth £197,000. The average or mid-range amount of ground rent is £55 per annum. The lease finishes on 21st October 2080

With only 56 years left to run we estimate the price of your lease extension to span between £29,500 and £34,000 as well as plus your own and the landlord's "reasonable" professional fees.

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. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not move forward based 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.