What is the optimum way to check that the solicitor handling my conveyancing in Knebworth is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Platform Home Loans Ltd thus spending £175.00 in supplemental conveyancing fees.
You should take advantage of the find a conveyancing panel solicitor tool on this site. Pick the lender and type ‘Knebworth’ or your preferred area and you will see numerous conveyancers offices in Knebworth or near you.
I require fast conveyancing in Knebworth as I am under pressure to exchange contracts within 3 weeks. Luckily I do not require a mortgage. Can I decline from having conveyancing searches to save money and time?
As you are not getting a home loan you are at free not to do searches although no law firm would suggest that you don't. Drawing on years of experience of conveyancing in Knebworth the following are instances of what can appear and adversely impact the marketability of the property: Enforcement Actions, Outstanding Charges, Outstanding Grants, Railway Schemes,...
My wife and I purchased a semi-detached Edwardian house in Knebworth. Conveyancing lawyer represented me and HSBC Bank. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold with the exact same property. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Knebworth and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with the conveyancing solicitor who conducted the purchase.
What makes your site different to alternative internet conveyancing brokers when it comes to conveyancing in Knebworth?
At this site secure a conveyancing quote from a Solicitor or Licensed Conveyancer that has a full understanding of the issues for your conveyancing in Knebworth. Unlike many estate agents and brokerage sites we are not in the business of charging firms a fee if you choose them for your conveyancing in Knebworth
Can you provide any advice for leasehold conveyancing in Knebworth from the point of view of speeding up the sale process?
- Much of the delay in leasehold conveyancing in Knebworth can be reduced if you instruct lawyers as soon as your agents start advertising the property and ask them to put together the leasehold information needed by the purchasers’ lawyers. If you hold a share in a the Management Company, you should make sure that you hold the original share certificate. Organising a re-issued share certificate can be a lengthy process and frustrates many a Knebworth conveyancing transaction. If a reissued share is needed, do contact the company director and secretary or managing agents (if relevant) for this sooner rather than later. If there is a history of conflict with your freeholder or managing agents it is very important that these are settled prior to the flat being put on the market. The buyers and their solicitors will be nervous about purchasing a property where there is an ongoing dispute. You may need to swallow your pride and discharge any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the buyers, but it is better to reveal the dispute as over rather than ongoing. A minority of Knebworth leases require Licence to Assign from the landlord. If this applies to your lease, it would be prudent to place the estate agents on notice to make sure that the purchasers put in hand financial (bank) and professional references. The bank reference will need to confirm that the buyers are able to meet the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the buyers or their lawyers.
I own a 1st floor flat in Knebworth, conveyancing having been completed November 2009. 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? Comparable properties in Knebworth with a long lease are worth £260,000. The ground rent is £45 invoiced every year. The lease runs out on 21st October 2094
With just 75 years unexpired we estimate the premium for your lease extension to range between £8,600 and £9,800 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more detailed investigations. Do not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.