My wife and I are intent on selling our property in Muswell Hill and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. Any high street Muswell Hill conveyancer would know that there is no such problem. For the life of me I don't know why the buyers instructed an online conveyancing practice as opposed to a conveyancing solicitor in Muswell Hill. Having lived in Muswell Hill for many years we know that this is a non issue. Is it a good idea to contact our local Authority to seek clarification that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer already. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
How does conveyancing in Muswell Hill differ for new build properties?
Most buyers of new build premises in Muswell Hill contact us having been asked by the developer to sign contracts and commit to the purchase even before the residence is constructed. This is because developers in Muswell Hill typically buy the land, 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 property lawyers 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 used to new build conveyancing in Muswell Hill or who has acted in the same development.
Over the last few months I have been searching for a ground for flat up to £305k and identified one round the corner in Muswell Hill I like with amenity areas and transport links in the vicinity, however it only has 51 years on the lease. I can't really find anything else in Muswell Hill for this price, so just wondered if I would be making a mistake purchasing a short lease?
If you require a home loan the remaining unexpired lease term will be an issue. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of 2 years you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this matter.
I was advised by a few estate agents in Muswell Hill to choose a property lawyer on your site. Is there a financial inducement for Estate Agents to offer your lawyers ahead of a competitor’s?
We refuse to give any commission for pointing buyers and sellers our way. We found it would be just too difficult a fee as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
In my capacity as executor for the estate of my aunt I am selling a house in Newport but I am based in Muswell Hill. My lawyer (who is 300 miles from merequires that I execute a statutory declaration prior to completion. Can you recommend a conveyancing practitioner in Muswell Hill who can attest and place their company stamp on the document?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are Muswell Hill based