Why is leasehold purchase conveyancing in Harrow on the Hill is more expensive?
Harrow on the Hill leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
I have an AIP. The lender mentioned the home loan came with free conveyancing. Is the implication that I have to instruct their panel lawyer as I would prefer to use a Harrow on the Hill based conveyancing firm?
You should check but the chances are that appoint one of their panel conveyancers where you take up the "fee-free" deal. Speak to the lender to check if they allow a cash alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor near Harrow on the Hill.
I appreciate that there are debates on Chancel Insurance on online forums. Do I require this when buying a residence in Harrow on the Hill? or I am told that there is historic law that means some homeowners living in a parish church boundary will be compelled to pay for repairs to the chancel in proximity to the church. Is this a legitimate concern for conveyancing in Harrow on the Hill?
Unless a prior acquisition of the premises completed after 12 October 2013 you can assume that lawyers conducting conveyancing in Harrow on the Hill to remain recommending a chancel search and or chancel repair liability policy.
How does conveyancing in Harrow on the Hill differ for newly converted properties?
Most buyers of new build or newly converted property in Harrow on the Hill contact us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is completed. This is because developers in Harrow on the Hill usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Harrow on the Hill or who has acted in the same development.
In what way does the Landlord & Tenant Act 1954 affect my commercial property in Harrow on the Hill and how can you help?
The particular law that you refer to gives security of tenure to business leaseholders, giving them the legal entitlement to apply to court for a continuation of occupancy at the end of the lease term. There are limited grounds where a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Harrow on the Hill is one of the numerous areas of the UK in which our lawyers are based