3 months have elapsed since my purchase conveyancing in Friern Barnet concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £215,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

Due to the input of my in-laws I had a survey completed on a house in Friern Barnet prior to retaining conveyancers. I have been advised that there is a flying freehold aspect to the house. Our surveyor has said that some banks tend not give a mortgage on such a home.

It depends who your proposed lender is. Bank of Scotland has different requirements from Nationwide. Should you wish to call us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Friern Barnet. Conveyancing will be smoother if you use a solicitor in Friern Barnet especially if they are acquainted with such properties in Friern Barnet.

What makes your site different to alternative internet conveyancing solicitors for conveyancing in Friern Barnet?

At this site obtain a fixed fee quote from a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Friern Barnet. As opposed to estate agents and brokerage sites we are not in the business of charging firms a commission if you choose them for your property ownership legalities in Friern Barnet

I need to retain a conveyancing solicitor for sale conveyancing in Friern Barnet. I happened to stumble across a web site which looks to be the perfect answer If it is possible to get all formalities done via email that would be ideal. Do I need to be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I am tempted by the attractive purchase price for a two flats in Friern Barnet both have about 50 years remaining on the lease term. should I be concerned?

There are plenty of short leases in Friern Barnet. The lease is a right to use the property for a prescribed time frame. As a lease shortens the marketability of the lease decreases and it becomes more expensive to extend the lease. This is why it is advisable to extend the lease term. More often than not it is difficulties arise selling premises with a short lease as mortgage companies less inclined to grant a loan on properties of this type. Lease enfranchisement can be a difficult process. We recommend you get professional assistance from a solicitor and surveyor with experience in this arena.

I am the registered owner of a two-bedroom flat in Friern Barnet. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the sum payable for a lease extension?

in cases where there is a missing freeholder or where there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to calculate the sum to be paid.

An example of a Lease Extension decision for a Friern Barnet residence is 90 & 96 Poplar Grove in June 2013. It was held by the Tribunal that the premium to be paid for the new lease in respect of each of the flats referred should be £17,942 This case was in relation to 2 flats. The unexpired term was 68 years.