A mortgage agreement from HSBC for the remortgage of my 4 bedroom apartment is coming imminently. Are you able to recommend a low cost conveyancing law firm in South Oxhey?

This site is not designed to aid those in their quest for a cheap conveyancing solicitors in South Oxhey. We can offer you affordable conveyancing but we do not aim to work with the cheapest lawyers. Avoid the trap of appointing brokers offering the bait of £100 conveyancing in South Oxhey. The optimum result, in being led by cheap conveyancing, you will get your money’s worth and at worst it will result in you with a surprising uplift in additional fees and still not end up with the service expected.

I have given 2 months notice to my current landlord and have to vacate my let out property in South Oxhey by 7/4/2025. Conveyancing on my purchase is progressing. How realistic is it to complete in 5 weeks as I wish to avoid having to move into temporary accommodation?

Generally one should not give notice for your lease unless exchange of contracts has taken place. Assuming that you have not previously done so, speak to your conveyancer and ask them to they apply pressure on the owners solicitors, try to get a realistic time scale from them that all parties will work to achieve

I own a freehold residence in South Oxhey but nevertheless pay rent, why is this and what is this?

It is rare for properties in South Oxhey and has limited impact for conveyancing in South Oxhey but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.

Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.

I decided to have a survey carried out on a property in South Oxhey before retaining lawyers. I have been advised that there is a flying freehold aspect to the property. Our surveyor has said that some mortgage companies tend refuse to issue a mortgage on a flying freehold premises.

It depends who your proposed lender is. Bank of Scotland has different requirements from Nationwide. Should you wish to telephone us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in South Oxhey. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in South Oxhey to see if the conveyancing will be more expensive.

Due to exchange soon on a leasehold property in South Oxhey. Conveyancing solicitors assured me that they are sending me a report on Monday. Are there areas in the report that I should be focusing on?

The report on title for your leasehold conveyancing in South Oxhey should include some of the following:

Details of the parties to the lease, e.g. these could be the lessee, superior lessor, freeholder Information concerning the obligations as set out in the lease to to contribute towards maintenance costs - with regard to both the building, and the more general rights a tenant enjoys Setting out your legal entitlements in respect of common areas in the building.E.G., does the lease permit a right of way over a path or hallways? Repair and maintenance of the property

I inherited a ground-floor 1960’s flat in South Oxhey. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the amount payable for the purchase of the freehold?

You certainly can. We are happy to put you in touch with a South Oxhey conveyancing firm who can help.

An example of a Lease Extension decision for a South Oxhey premises is Flats 8, 11 and 15 Craigmore Court 46 Murray Road in December 2013. The tribunal held that the price payable by the Applicant tenant of Flat 8 to acquire an extended lease shall be £26,438 plus £1 to the intermediate lessee . The tribunal held that the price payable by the Applicant tenants of Flat 11 to acquire an extended lease shall be £26,791 plus £1 to the intermediate lessee. The tribunal held that the price payable by the Applicant tenant of Flat 15 to acquire an extended lease shall be £26,638 plus £1 to the intermediate lessee . This case was in relation to 3 flats. The unexpired lease term was 71 years.