This question may be naive but I am new to the house moving as FTB of a ground floor flat in Harlow. Do I collect the keys to the premises on completion from my conveyancer? If so, I will use a High Street conveyancing solicitor in Harlow?
On the day of completion you will not be required to attend the conveyancers office in Harlow. Conveyancing lawyers for you will arrange to send the purchase money to the owner’s solicitors, and shortly after the monies have arrived, you will be called to receive the keys from the property Agents and start moving into the property. This tends to happen early afternoon.
My fiancee and I are in the throws of viewing apartments in Harlow and I am about to put in an offer. Is it sensible to have my conveyancer on ‘stand by’? I intend to finance via a home loan with Bank of Ireland.
It would be prudent to instigate your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on to the estate agent. Given that you are obtaining a mortgage with Bank of Ireland, make sure you remember to check that your lawyer is on the Bank of Ireland conveyancing panel.
My sealed bid on a detached house in Harlow has been agreed to, but there is a chain. The sellers have offered on somewhere, but it’s not yet tied up, and are looking at other properties booked. I have instructed a high street conveyancing solicitor in Harlow. What should be my next step? When should I get the mortgage application with Principality started?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to incur costs too early (mortgage application is approx one thousand pounds, then valuation, Harlow conveyancing search costs, etc). First, you should check that your property lawyer is on the Principality approved list. As to the next phase this very much depends on the uniqueness of your transaction, desire for the property and on the state of the market. In a hot market some purchasers would apply for the mortgage with Principality and pay for the valuation and only if it comes back ok would they pay their lawyer to press on with searches.
What will a local search reveal about the property my wife and I buying in Harlow?
Harlow conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search organisations for instance Xpress Legal The local search is essential in every Harlow conveyancing purchase; that is if you don’t want any nasty once you have moved into your property. The search will provide data on, amongst other things, details on planning applications applicable 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 subject areas.
I am buying a new build flat in Harlow. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Harlow
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Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Please supply a car parking plan. There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are architect prepared. Forfeiture - bankruptcy or liquidation must not apply under this provision.
Taking into account that I am about to spend over three hundred thousand on a garden flat in Harlow I would like to have a conversation with the solicitor concerning theconveyancing before instructing the firm. Is this something that you can arrange?
We could not agree more - we would be pleased to talk to you we do not take any clients on without you first talking to the solicitor who will be conducting your property ownership legalities in Harlow.There is no ‘factory style conveyancing’ - each client is unique individual, not a matter reference. The practices that we put you in touch with believe that the figure you are calculated and presented to you for your conveyancing in Harlow should be the amount on the final invoice that you end up paying.
I am hoping to put an offer on a small detached house that appears to tick a lot of boxes, at a reasonable price which is making it more attractive. I have subsequently been informed that it's a leasehold as opposed to freehold. I would have thought that there are issues purchasing a leasehold house in Harlow. Conveyancing lawyers have are soon to be appointed. Will my lawyers set out the risks of buying a leasehold house in Harlow ?
The majority of houses in Harlow are freehold and not leasehold. This is one of the situations where having a local conveyancer who is familiar with the area who can help the conveyancing process. It is clear that you are purchasing in Harlow in which case you should be shopping around for a Harlow conveyancing practitioner and check that they are used to advising on leasehold houses. First you will need to check the unexpired lease term. As a lessee you will not be entirely free to do whatever you want with the house. The lease will likely included provisions for example requiring the landlord’spermission to conduct alterations. It may be necessary to pay a maintenance charge towards the maintenance of the estate where the property is part of an estate. Your conveyancer should advise you fully on all the issues.
I purchased a 1 bedroom flat in Harlow, conveyancing having been completed half a dozen years ago. How much will my lease extension cost? Corresponding flats in Harlow with over 90 years remaining are worth £171,000. The ground rent is £50 levied per year. The lease comes to an end on 21st October 2103
With 79 years unexpired the likely cost is going to be between £8,600 and £9,800 as well as legals.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first seeking the advice of a professional.