I have given 2 months notice to my existing landlord and must be out of my let out property in Colney Hatch by 28/5/2019. Conveyancing for my house purchase is underway. Is it possible to complete in 5 weeks as don't want to have to find temporary accommodation?
The normal practice is not to serve notice on a rental unless exchange of contracts has taken place. If you have not already done so, contact to your conveyancer and ask them to they seek the assistance the other solicitors, try to get a realistic time scale from them that everyone will work towards
Our mortgage company has recommended a law firm on their panel based in Colney Hatch but I would rather use a conveyancing lawyer in Colney Hatch or nearer to where I live. Can you assist?
It is by no means the case that all Colney Hatch conveyancing firms are approved and listed on all banks conveyancing panel. Use the above search tool to choose a Colney Hatch conveyancing conveyancer on the on the bank panel.
My wife and I are buying a flat in Colney Hatch. It might be a silly question but how we can trust a solicitor? On completion day we have to deposit money into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
There are plenty of conveyancing solicitors in Colney Hatch but how do I know who I should use?
We would encourage you not to go for the lowest Colney Hatch conveyancing fees. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
I can not fathom if my bank requires a lease extension. I have called into my local Colney Hatch bank branch on numerous occasions and was told they are content with the situation and they would lend. My Colney Hatch conveyancing solicitor - who is on the lender conveyancing panel- called and was told they will not lend in accordance with their specific requirements. I have no idea who is right.
Provided that the property lawyer is on the bank panel, they must adhere to the Council of Mortgage Lenders’ Handbook specifications for the bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
What advice can you give us when it comes to appointing a Colney Hatch conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a solicitor for your lease extension (regardless if they are a Colney Hatch conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of work. We suggest that you talk with two or three firms including non Colney Hatch conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be useful:
How many lease extensions have they conducted in Colney Hatch in the last year?
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Colney Hatch conveyancing firm to represent me?
if there is a missing landlord or where there is disagreement about what the lease extension should cost, under the relevant legislation you can apply to the LVT to determine the amount due.
An example of a Lease Extension matter before the tribunal for a Colney Hatch 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 lease term was 68 years.
I am buying a house mortgage free. I have provided solicitor with 2 distinct proof of photographic ID, bank statement, numerous utility bills. Now he needs a copy from a probate lawyer stating that the funds are in order and that it has come from inheritance and not selling fake DVD.
In today’s world you will not be able to complete any Colney Hatch conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Evidence of your source of funds is required under Money Laundering laws.