Would the conveyancing solicitors indexed on your site handle right to buy conveyancing in Hoddesdon?

We do have numerous conveyancing specialists who can conduct right to buy conveyancing matters You should contact us to obtain a conveyancing quote.

Can you explain why leasehold purchase conveyancing in Hoddesdon is more expensive?

The conveyancing fees on a leasehold premises in Hoddesdon is inevitably more expensive as compared to a freehold acquisition or disposal. This is because there is an amount of extra work necessary in liaising with the freeholder and managing agents to collate the information concerning whether the rent and service fee have been discharged and whether there are any major works due in the foreseeable future on repairs or maintenance of the block.

Over the last few months I have been searching for a ground for flat up to £195,000 and identified one near me in Hoddesdon I like with open areas and transport links nearby, however it only has 51 years unexpired on the lease. There is not much else in Hoddesdon for this price, so just wondered if I would be making a grave error buying a short lease?

Should you require a home loan that many years will be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this.

We're first time buyers - had an offer accepted, but the selling agent advised that the owners will only go ahead if we appoint their recommended conveyancers as they want an ‘expedited deal’. Our preferred option is to instruct a local conveyancer accustomed to conveyancing in Hoddesdon

We suspect that the seller is unaware of this demand. If they require ‘a quick sale', alienating a genuine buyer is not the way to achieve this. Contact the sellers directly and make the point that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)but you are going to appoint your preferred Hoddesdon conveyancing solicitors - as opposed tothose that will provide their estate agent a introducer fee or meet his conveyancing thresholds pre-set by corporate headquarters.

I have miscalculated my finances and am a couple of thousand pounds short a 10% deposit on my apartment purchase in Hoddesdon , but I am anxious exchange. Do I have options?

You can agree a lower deposit. Many sellers will accept a smaller deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.

You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last moment