I was recommended to a solicitor who has quoted £995 for fixed fee conveyancing in Bishops Stortford. I’m selling a purpose built property for £300,000. Is this over the top? Is it in excess of what I should be paying for conveyancing in Bishops Stortford?

The charges are a little high. If you shop around you might reduce the fees slightly by as much as a hundred pounds. On the other hand, you couldlive to rue choosing an an unknown conveyancer. If is important to enquire the conveyancer can act for your bank. Do make use of our search tool to get a quote a Bishops Stortford conveyancing company on the lender’s member panel which can often include conveyancing solicitors in Bishops Stortford.

I am buying a new build apartment in Bishops Stortford. Conveyancing is a frightening process 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 few leasehold new build questions that you should expect your new-build leasehold conveyancing in Bishops Stortford

Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please supply a car parking plan. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.

Over the last few months I have been searching for a flat up to £235,500 and identified one near me in Bishops Stortford I like with a park and railway links in the vicinity, the downside is that it's only got 61 years unexpired on the lease. I can't really find anything else in Bishops Stortford for this price, so just wondered if I would be making a mistake purchasing a short lease?

If you need a home loan the remaining unexpired lease term will be problematic. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of 2 years you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.

What makes your site different to alternative online quote calculators for conveyancing in Bishops Stortford?

At this site get a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that appreciates the nuances of your conveyancing in Bishops Stortford. As opposed to estate agents and brokerage sites we do not have kick-back deals with solicitors. Many agents and online brokers 'recommend' the firm that pays the highest commission, not the best value conveyancing in Bishops Stortford

Is there a reason that Bishops Stortford conveyancing fees differ for leasehold and freehold properties?

When acquiring a leasehold property there is more work involved purely due to the fact that usually there are further parties involved in the form of the freeholder and/or Management Agents. As part of a lawyers enquiries they will check that all ground rent and service charges are paid up to date amongst other general leasehold matters. For this reason, the Sellers lawyers usually have to refer to the freeholder or Managing Agent for their replies to our questions. This may be time consuming and beyond the lawyers control