lenderpanel

Find a Houghton Regis Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Houghton Regis

Do the conveyancing lawyers that you recommend execute attended exchange conveyancing in Houghton Regis?

We do have a number of conveyancing specialists who can conduct personalised exchanges. You should call us to get a fee calculation and details as to availability.

What does my ID and proof of funds have anything to do with my conveyancing in Houghton Regis? Is this really necessary?

Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to verify the ID of the potential client they are dealing with before they can accept their conveyancing retainer. The Terms and Conditions that you are required to sign should reaffirm this. Your lender will also require certain documents to be checked. Should you refuse to supply identification documents, your conveyancer can not take you on as a client.

I have been on the look out for a leasehold apartment up to £245,000 and identified one near me in Houghton Regis I like with open areas and transport links in the vicinity, however it's only got 51 years unexpired on the lease. There is not much else in Houghton Regis suitable, so just wondered if I would be making a grave error purchasing a short lease?

Should you need a mortgage the remaining unexpired lease term will be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.

Estate agents have just been given the go-ahead to market my basement apartment in Houghton Regis. Conveyancing is yet to be initiated, however I have just had a quarterly service charge invoice – what should I do?

Your conveyancing lawyer is likely to suggest that you should discharge the service charge as usual as all rents and service payments should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

Houghton Regis Conveyancing for Leasehold Flats - A selection of Queries Prior to buying

    Best to be warned if changing the roof or some other major work is coming up that will be shared amongst the leasehold owners and will dramatically impact the level of the service fees or require a specific payment. Be sure to investigate if the the lease includes any adverse restrictions in the lease. By way of example some leases prohibit pets being allowed in in a block in Houghton Regis. If you like the apartmentin Houghton Regis but your cat is not allowed to move with you then you have a very difficult compromise. Its a good idea to find out as much as you can regarding the managing agents as they can either make your life much simpler or a lot more difficult. As the proprietor of a leasehold property you are frequently at the mercy of the managing agents both financially and when it comes to every day issues like the cleanliness of the common parts. Enquire of other tenants what they think of them. Finally, investigate as to the dates that you are obliged pay the maintenance charge to the managing agents and specifically how they are spending the funds.

Our mortgage broker has suggested using their conveyancer for my conveyancing in Houghton Regis - Surely it’s advisable to just instruct them?

It is worth checking if the estate agent is recommending a conveyancing practitioner or introducing to a conveyancing practitioner. There are plenty of Houghton Regis estate agents who recommend two or three Houghton Regis conveyancing firms purely based on those lawyers offering a great service.

Last updated

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