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Recently asked questions about conveyancing in Wood Green

I understand that there are debates on Chancel Insurance on online forums. Am I compelled to have this when purchasing a property in Wood Green? or I am told that there is historic law that means some owners of property residing in a parish church boundary will be compelled to contribute towards repairs towards the chancel in proximity to the church. Is this relevant for conveyancing in Wood Green?

Unless a prior purchase of the premises completed post 12 October 2013 you could assume that lawyers carrying out conveyancing in Wood Green to continue to suggest a chancel search and or insurance against a claim.

It has been four months following my purchase conveyancing in Wood Green completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

In what way does the Landlord & Tenant Act 1954 impact my commercial premises in Wood Green and how can you help?

The 1954 Act affords security of tenure to commercial lessees, giving them the right to apply to court for a renewal lease and continue in occupation at the end of the lease term. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Wood Green is one of our many locations in which the firms we work with have offices

We're novice buyers - agreed a price, but the selling agent told us that the vendor will only go ahead if we instruct their chosen lawyers as they are insisting on an ‘expedited deal’. We would rather use a family conveyancer accustomed to conveyancing in Wood Green

It is improbable the vendors are behind this. Should the owner desire ‘a quick sale', alienating a genuine purchaser is going to damage their objectives. Contact the sellers directly and make sure they understand (a)you are serious buyers (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)but you are going to use your own,trusted Wood Green conveyancing solicitors - rather thanthose that will earn their negotiator at the agency a commission or achieve conveyancing thresholds set by head office.

All being well we will complete our sale of a £125,000 maisonette in Wood Green on Wednesday in a week. The managing agents has quoted £396 for Landlord’s certificate, insurance certificate and 3 years service charge statements. Is the landlord entitled to charge such fees for a leasehold conveyance in Wood Green?

Wood Green conveyancing on leasehold maisonettes normally necessitates the purchaser’s lawyer sending enquiries for the landlord to answer. Although the landlord is under no legal obligation to answer these enquiries the majority will be content to assist. They are entitled to levy a reasonable charge for responding to questions or supplying documentation. There is no set fee. The average costs for the information that you are referring to is £350, in some cases it is in excess of £800. The management information fee required by the landlord must be accompanied by a summary of entitlements and obligations in respect of administration fees, otherwise the invoice is technically not due. Reality however dictates that one has no option but to pay whatever is requested of you if you want to sell the property.

I have attempted and failed to negotiate with my landlord for a lease extension without getting anywhere. Can I make an application to the Leasehold Valuation Tribunal? Can you recommend a Wood Green conveyancing firm to act on my behalf?

in cases where there is a absentee freeholder or where there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to calculate the premium.

An example of a Lease Extension matter before the tribunal for a Wood Green property is First Floor Flat 109 Lyndhurst Road in May 2010. Following a vesting order by Edmonton County Court on 29th October 2009 the Tribunal decided on a figure of £5,012 for a lease extension. This case affected 1 flat. The unexpired term as at the valuation date was 81.79 years.

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