Can I use your services to locate a Conveyancing solicitor in Edgware even where I’m not purchasing or disposing of a house, for instance if I want to buy a shop in Edgware with a loan from Nottingham Building Society?
Our search tool is predominantly there to locate residential conveyancing solicitors in Edgware but we have set out at the bottom of this page a few Edgware commercial conveyancing firms. You will need to speak with the firm directly to see if they are also authorised to represent Nottingham Building Society
Should commercial conveyancing searches reveal impending roadworks that could affect a commercial land in Edgware?
Many commercial conveyancing solicitors in Edgware will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Edgware. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Edgware.
For each commercial conveyancing transaction in Edgware it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Edgware commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not ordered for domestic conveyancing in Edgware.
five months have elapsed since my purchase conveyancing in Edgware completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. 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.
How does conveyancing in Edgware differ for new build properties?
Most buyers of new build premises in Edgware come to us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is completed. This is because house builders in Edgware tend to purchase the real estate, 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 Edgware or who has acted in the same development.
I have been on the look out for a flat up to £305k and identified one round the corner in Edgware I like with a park and transport links nearby, however it only has 51 remaining years left on the lease. There is not much else in Edgware suitable, so just wondered if I would be making a mistake purchasing a short lease?
Should you need a home loan the shortness of the lease will likely be an issue. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least 2 years you could 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 about this matter.