Is there a reason why leasehold purchase conveyancing in Chorleywood is more expensive?

The conveyancing charges on a leasehold property in Chorleywood is inevitably more expensive than on a freehold residence. This is due to the extra time required in communicating with the freeholder and managing agents to collate the evidence about whether the rent and service fee have been paid and whether there are any significant expenditure in the foreseeable future on repairs or maintenance of the block.

My apartment in Chorleywood is up for sale and I have a purchaser. Does my solicitor need to be on the Leeds Building Society conveyancing panel in order to deal with repayment of my mortgage?

Ordinarily, even if your lawyer is not on the Leeds Building Society conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently currently.

I am downsizing from our house in Chorleywood and according to the buyers it appears that there is a possibility that the property was built on contaminated land. Any local conveyancer would know this is not the case. It does beg the question why the purchasers instructed an internet conveyancing outfit rather than a conveyancing solicitor in Chorleywood. Having lived in Chorleywood for six years we know that this is a non issue. Do we contact our local Authority to obtain clarification that the buyers are looking for.

It sounds as though you may have a conveyancing lawyer already. What do they say? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)

We're FTB’s - had an offer accepted, yet the selling agent told us that the owners will only proceed if we appoint the agent's chosen lawyers as they want a ‘quick sale’. Our preferred option is to instruct a high street conveyancer with experience of conveyancing in Chorleywood

We suspect that the owner is not behind this request. Should the seller require ‘a quick sale', alienating a genuine purchaser is counter productive. Try to communicate with the owners directly and explain that (a)you are serious purchasers (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)but you are going to use your preferred Chorleywood conveyancing solicitors - as opposed tothose that will provide the estate agent a kickback or achieve conveyancing figures pre-set by senior management.

There are only 72 years unexpired on my flat in Chorleywood. I need to get lease extension but my landlord is absent. What should I do?

If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. However, you will be required to demonstrate that you or your lawyers have used your best endeavours to track down the lessor. In some cases a specialist should be helpful to try and locate and to produce a report which can be used as evidence that the landlord is indeed missing. It is advisable to get professional help from a solicitor both on investigating the landlord’s absence and the application to the County Court covering Chorleywood.

I have attempted and failed to negotiate with my landlord for a lease extension without getting anywhere. Can a leaseholder make an application to the Leasehold Valuation Tribunal? Can you recommend a Chorleywood conveyancing firm to act on my behalf?

Absolutely. We can put you in touch with a Chorleywood conveyancing firm who can help.

An example of a Lease Extension matter before the tribunal for a Chorleywood residence 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 term as at the valuation date was 71 years.