We note that you have a search directory listing law firms on the Lloyds conveyancing panel. Do companies pay you a referral fee if I retain them for our conveyancing in Chalfont St Giles?
We are a listing service only for law firms wishing to communicate if they are on the Lloyds conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Chalfont St Giles.
What will a local search reveal about the property I am purchasing in Chalfont St Giles?
Chalfont St Giles conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search organisations for example Xpress Legal The local search plays an important part in most Chalfont St Giles conveyancing purchase; that is if you wish to avoid any unpleasant surprises after you move into your property. The search will provide data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic sections.
We're novice buyers - agreed a price, yet the estate agent informed us that the owners will only go ahead if we use their chosen conveyancers as they want a ‘quick sale’. Our preferred option is to instruct a high street conveyancer with experience of conveyancing in Chalfont St Giles
We suspect that the seller is unaware of this demand. Should the seller want ‘a quick sale', alienating a genuine purchaser is going to damage their objectives. Speak to the vendors direct and make the point that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you will continue to appoint your own,trusted Chalfont St Giles conveyancing firm - not the ones that will provide the estate agent a referral fee or meet his conveyancing thresholds demanded by corporate headquarters.
I am tempted by the attractive purchase price for a two apartments in Chalfont St Giles both have approximately fifty years left on the leases. Will this present a problem?
A lease is a right to use the property for a period of time. As the lease gets shorter the saleability of the lease deteriorates and results in it becoming more costly to extend the lease. This is why it is advisable to increase the term of the lease. It is often difficulties arise selling premises with a short lease as mortgage lenders may be reluctant to lend money on such properties. Lease extension can be a difficult process. We advise that you seek professional assistance from a conveyancer and surveyor with experience in this area.
I acquired a leasehold flat in Chalfont St Giles, conveyancing formalities finalised in 2007. Can you give me give me an indication of the likely cost of a lease extension? Comparable flats in Chalfont St Giles with an extended lease are worth £176,000. The ground rent is £50 per annum. The lease comes to an end on 21st October 2074
With just 50 years remaining on your lease we estimate the price of your lease extension to range between £31,400 and £36,200 as well as legals.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure without more detailed due diligence. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.
Do I have to visit the offices of the lender conveyancing panel solicitor to execute the legal charge? If so, I will instruct a firm who offer conveyancing in Chalfont St Giles so that I can attend their offices if required.
As opposed to twenty years ago, most lenders no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to provide ID Documents and there are still distinct advantages to using a local solicitor, in your case a conveyancing solicitor in Chalfont St Giles.