I am purchasing a house mortgage free in Friern Barnet. I have lived for the previous twelve years in Friern Barnet. Conveyancing searches are exorbitant. Given that I know the area and road very well must I have all the conveyancing searches?
Provided that you do not need a mortgage, then all but one or two of the Friern Barnet conveyancing searches are at your discretion. Your conveyancer will 'advise', perhaps strongly, that you should have searches completed, but he has a professional duty to take that path of encouragement . One thing to take into account; if you are intend to sell the house in the future, it will be of interest to your prospective buyer what the searches determine. On occasion premises with functional issues can still reveal unpredicted search results. A good conveyancing solicitor in Friern Barnet should provide you some sensible guidance here.
What is the optimum way to check that the solicitor conducting my conveyancing in Friern Barnet is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Coventry Building Society thus paying £187.00 plus VAT in additional conveyancing costs.
You should make the most of the find a conveyancing panel solicitor tool on this page. Pick the mortgage company and type ‘Friern Barnet’ or your location and you will see a number of lawyer offices in Friern Barnet or near you.
Despite weeks of looking the Title Certificate and documents to my home can not be found. The lawyers who did the conveyancing in Friern Barnet 4 years ago have long since closed. What are my options?
Nowadays there are copies made of almost everything, and your lawyer should know precisely where to find all the suitable paperwork so you can purchase or dispose of your house without any difficulty. Where duplicates are not available, your lawyer may be able to arrange cover in the form of insurance or indemnities protecting you against possible claims on your property.
I need to retain a conveyancing solicitor for my conveyancing in Friern Barnet. I have chance upon a web site which seems to have the perfect answer If it is possible to get all the legals completed via web that would be preferable. Do I need to be wary? What should out be looking out for?
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 a negotiator for a long established estate agency in Friern Barnet where we see a number of flat sales put at risk as a result of leases having less than 80 years remaining. I have received conflicting advice from local Friern Barnet conveyancing solicitors. Please can you clarify whether the seller of a flat can initiate the lease extension formalities for the purchaser on completion of the sale?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or simultaneously with completion of the sale.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I have attempted and failed to negotiate with my landlord for a lease extension without success. Can a leaseholder make an application to the Leasehold Valuation Tribunal? Can you recommend a Friern Barnet conveyancing firm to help?
Most definitely. We can put you in touch with a Friern Barnet conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal 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 related to 2 flats. The unexpired term as at the valuation date was 68 years.