As a novice what is the most important number one tip you can impart about purchase conveyancing in Holborn?

You may not hear this from too many lawyers but conveyancing in Holborn or throughout North London is an adversarial experience. Put another way, when it comes to conveyancing there is lots of opportunity for friction between you and others involved in the home moving process. E.g., the seller, selling agent and sometimes the lender. Choosing a lawyer for your conveyancing in Holborn is a critical decision as your conveyancer is your adviser, and is the ONE party in the legal process whose interest is to act in your best interests and to keep you safe.

Sometimes a third party with a vested interest will try and sway you that it is in your interests to do things their way. As an example, the property agent may claim to be assisting by claiming that your solicitor is wrong. Or your financial adviser may tell you to do take action that is against your conveyancers advice. You should always trust your lawyer above all other parties in the conveyancing process.

Do commercial conveyancing searches disclose impending roadworks that may affect a commercial premises in Holborn?

Many commercial conveyancing solicitors in Holborn will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Holborn. The search result provides definitive data 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 Holborn.

For every commercial conveyancing transaction in Holborn it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may cause delays to Holborn commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Holborn.

I am buying a new build flat in Holborn. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Here is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Holborn

Please confirm the Lease plans are surveyor prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? There must be mutual enforceability of lessee’s covenants. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.

Due to the input of my in-laws I had a survey completed on a property in Holborn prior to retaining lawyers. I have been informed that there is a flying freehold aspect to the house. My surveyor advised that some mortgage companies will not give a mortgage on a flying freehold house.

It depends who your proposed lender is. Lloyds has different requirements for example to Nationwide. If you e-mail us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Holborn. Conveyancing may be slightly more expensive based on your lender's requirements.

My financial adviser has recommended their conveyancer for my conveyancing in Holborn - Is it not simpler better to just use them?

It is worth checking if the selling agent is recommending a property lawyer or introducing to a conveyancing practitioner. There are plenty of Holborn selling agents who recommend two or three Holborn conveyancing firms and get nothing from it.