I am under pressure from the mortgagee in possession of a property in Northwood to exchange within four weeks. What can I do to expedite matters?

In the event that you are under time constraints for your conveyancing it is advisable to make sure that your conveyancer is familiar with the location as they will have local contacts and insight. It is possible that they may have handled previoushouses in the same road. You would be best advised to use a Northwood conveyancing firm. Second, ensure that the conveyancing firm is on the member panel. It is said that just under twenty per cent of Northwood conveyancing transactions are delayed or derailed after finding out that a buyer’s solicitor was not on their mortgage lender’s list of approved solicitors. In many cases this discovery resulted in the conveyancing being delayed by as much as 21 days. It is understood that this issue affects approximately one hundred thousand home sales annually. Most Northwood conveyancing practices can not act for certain mortgage companies so do check at the outset.

I have a renovated Victorian house in Northwood. Conveyancing solicitor represented me and Accord Mortgages Ltd. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold with the exact same property. If a house is not a freehold shouldn't I have been informed?

You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Northwood and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with the conveyancing solicitor who conducted the work.

Hoping to buy a property located in Northwood and I am already nervous. I couldn't find anything specific about Northwood. Conveyancing will be needed in due course but do you know about the Northwood area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Northwood. In the meantime here are some basic statistics that we found

Expecting to exchange soon on a leasehold property in Northwood. Conveyancing lawyers assured me that they are sending me a report next week. Are there areas in the report that I should be focusing on?

The report on title for your leasehold conveyancing in Northwood should include some of the following:

Responsibility to repair and maintain the building. It is essential that you know which party is responsible the repair and maintenance of every part of the building The physical ownership of the demise. This might be the flat itself but could also include a roof space or storage are if relevant. Whether your lease provides for a sinking fund for major repairs? specifics of the parties to the lease, e.g. these could be the leaseholder, head lessor, freeholder Advice concerning the obligations in the lease to to contribute towards maintenance costs - in relation to the building, and the more general rights a tenant enjoys

After years of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Northwood. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?

You certainly can. We can put you in touch with a Northwood conveyancing firm who can help.

An example of a Lease Extension decision for a Northwood property is Flats 8, 11 and 15 Craigmore Court 46 Murray Road in December 2013. The tribunal held that the price payable by the Applicant tenant of Flat 8 to acquire an extended lease shall be £26,438 plus £1 to the intermediate lessee . The tribunal held that the price payable by the Applicant tenants of Flat 11 to acquire an extended lease shall be £26,791 plus £1 to the intermediate lessee. The tribunal held that the price payable by the Applicant tenant of Flat 15 to acquire an extended lease shall be £26,638 plus £1 to the intermediate lessee . This case was in relation to 3 flats. The number of years remaining on the existing lease(s) was 71 years.

Been reading online that Northwood solicitors are more expensive than licensed conveyancers in Northwood to use when purchasing a house. So is it better if I use a conveyancer or a solicitor where I am purchasing for my home move in Northwood.

When it comes to conveyancing in Northwood the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.