Why would I instruct a North London conveyancing practice given that web based conveyancers are more affordable?
To take your time to find scrutinise conveyancing costs in North London and you should seek a competitive estimate but don’t become consumed with getting the lowest priced North London conveyancer. Appointing the right conveyancer can mark the distinction between a smooth and a distressing move. You need to ensure that you have expert advice from an experienced solicitor. An e-mail can never be as helpful as a phone call and are no substitute for a one to one appointment. Our partner firms will appoint you a qualified and trusted conveyancing solicitor who can deal with your conveyancing from beginning to end, providing a level of hand holding that you will never get with an internet conveyancer. He or She will keep you updated as to any developments and keep you informed. If you ever need to call the office you will be sure who you need to speak to and we'll endeavour to make sure that you are in the know.
I am purchasing my first flat in North London with the aid of help to buy. The sellers refused to reduce the price so I negotiated five thousand pounds worth of additionals instead. The sale representative suggested that I not reveal to my conveyancer about the extras as it will adversely affect my loan with Virgin Money. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I opted to have a survey completed on a property in North London in advance of instructing solicitors. I have been advised that there is a flying freehold overhang to the property. My surveyor advised that some mortgage companies tend refuse to grant a loan on this type of house.
It depends who your proposed lender is. Lloyds has different instructions for example to Nationwide. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in North London. Conveyancing will be smoother if you use a solicitor in North London especially if they are familiar with such properties in North London.
I was advised by a number of selling agents in North London to locate a solicitor using your seach tool. Is there a financial inducement for Estate Agents to recommend your services ahead of alternative conveyancing organisations?
We refuse to offer any referral fee for directing people in our direction. We found it would be just too difficult to pay a commission as a client could think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
My wife and I purchased a leasehold house in North London. Conveyancing and Norwich and Peterborough Building Society mortgage organised. A letter has just been received from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1996. The conveyancing solicitor in North London who previously acted has now retired. Any advice?
First contact the Land Registry to make sure that this person is indeed the new freeholder. There is no need to incur the fees of a North London conveyancing practitioner to do this as you can do this on the Land Registry website for less than a fiver. You should note that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I am the leaseholder of a ground floor flat in North London. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the sum due for the purchase of the freehold?
Where there is a missing landlord or if there is dispute about what the lease extension should cost, under the relevant statutes it is possible to make an application to the LVT to determine the price.
An example of a Freehold Enfranchisement matter before the tribunal for a North London premises is 20 Avonwick Road in July 2013. The Tribunal was dealing with an application under Section 26 of the Leasehold Reform Housing and Urban Development Act 1993 for a determination of the freehold value of the property. It was concluded that the price to be paid was Fifteen Thousand Nine Hundred and Seventy (£15,970) divided as to £8,200 for Flat 20 and £7,770 for Flat 20A This case related to 1 flat. The unexpired lease term was 73.26 years.