I opted to have a survey done on a house in New Southgate in advance of instructing conveyancers. I have been advised that there is a flying freehold overhang to the house. My surveyor has said that some mortgage companies may refuse to give a loan on this type of home.

It depends who your proposed lender is. Lloyds has different requirements for example to Birmingham Midshires. Should you wish to call us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in New Southgate. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in New Southgate to see if the conveyancing costs will increase in light of this.

Am I right to be suspicious that estate agents that I am dealing with are recommending an internet conveyancing firm rather than a local New Southgate conveyancing firm?

As with many service providers, often suggestions from family and friends can be most helpful. Nevertheless there are lots of players in a conveyancing deal; estate agents, financial adviser and mortgage companies may recommend lawyers to appoint. On occasion the solicitors might be known to one of the organisations as experts in their field, but occasionally there behind the scenes financial incentive behind the endorsement. You are at liberty to choose your preferred lawyer. You need to be aware that the majority of banks have an approved list of law firms you are obliged to use for the mortgage related work in your conveyancing.

My father has suggested that I instruct his lawyers for conveyancing in New Southgate. Should I find my own solicitor?

Much as we are happy to recommend a New Southgate conveyancing lawyer it’s preferable to select a conveyancing solicitor is to have guidance from friends or relatives who have experience in using the conveyancer you're considering.

Can you offer any advice when it comes to appointing a New Southgate conveyancing firm to carry out our lease extension conveyancing?

If you are instructing a property lawyer for your lease extension (regardless if they are a New Southgate conveyancing practice) it is essential that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you talk with two or three firms including non New Southgate conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be of use:

What are the legal fees for lease extension work?

I own a basement flat in New Southgate. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the premium due for a lease extension?

Most definitely. We can put you in touch with a New Southgate conveyancing firm who can help.

An example of a Freehold Enfranchisement case for a New Southgate property is 23 Beaconsfield Road in July 2013. The Tribunals decided that the amount payable was £31,203 for the freehold. This case related to 2 flats. The unexpired residue of the current lease was 70.31 years.

Are the New Southgate conveyancing lawyers identified as being on the bank conveyancing panel, together with their details provided by the bank?

New Southgate law firm practices and firms conducting conveyancing in New Southgate themselves provide us confirmation that they are on the bank conveyancing panel as opposed to being supplied with a list from the lender directly.