We are expecting a mortgage offer soon. The bank mentioned the home loan came with free conveyancing. Does this mean I have to appoint their panel conveyancer as I would much rather instruct a specialised conveyancing solicitor in St Albans?
Do check but the chances are that give you one of their panel conveyancers if you accept the "fee-free" deal. Call the mortgage company to ask if they make available a monetary 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 your preferred conveyancing solicitor near St Albans.
How does conveyancing in St Albans differ for new build properties?
Most buyers of new build property in St Albans approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is ready to move into. This is because developers in St Albans 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 St Albans or who has acted in the same development.
How does the Landlord & Tenant Act 1954 impact my commercial premises in St Albans and how can you help?
The 1954 Act affords a safeguard to business tenants, giving them the dueness to make a request to court for a continuation of occupancy at the end of the lease term. There are certain specified grounds where a landlord can refuse a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and assist with commercial conveyancing in St Albans