The Palmers Green conveyancing lawyers that I recently instructed on my house acquisition in Palmers Green have suddenly closed. I only went with them because I needed a firm on the Nottingham conveyancing panel and my preferred Palmers Green lawyer was not. I issued them a cheque for two hundred pounds in advance. What do I do now?
Assuming that you have an Estate Agent in the equation then inform them immediately so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Nottingham conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to assist.
There are plenty of conveyancing solicitors in Palmers Green but how do I know who's good?
It would be unwise to be seduced by the lowest Palmers Green conveyancing quote. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
My wife and I buying a 4 bedroom semi-detached house in Palmers Green. We would like to convert the garage to an office at the property.Will legal investigations on the property include checks to see if these works are permitted?
Your solicitor will check the registered title as conveyancing in Palmers Green can sometimes identify restrictions in the title documents which prevent categories of works or necessitated the permission of another owner. Certain extensions require local authority planning permissions and approval in compliance with building regulations. Many locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these things with a surveyor prior to committing yourself to a purchase.
The formalities of my purchase has taken place for my property in Palmers Green. Conveyancing was satisfactory but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
Almost all lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. We understand that complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
How does conveyancing in Palmers Green differ for newly converted properties?
Most buyers of new build premises in Palmers Green approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is completed. This is because developers in Palmers Green usually purchase the real estate, 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 conveyancing solicitors 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 accustomed to new build conveyancing in Palmers Green or who has acted in the same development.
Over the last few months I have been searching for a ground for flat up to £245,000 and identified one round the corner in Palmers Green I like with amenity areas and railway links in the vicinity, however it's only got 49 years on the lease. There is not much else in Palmers Green for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you need a home loan that many years may be a potential deal breaker. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of twenty four months you may request that they 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.
What does commercial conveyancing in Palmers Green cover?
Non domestic conveyancing in Palmers Green incorporates a wide range of guidance, provided by qualified solicitors, relating to business premises. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
We have been advised by various friends that it should take 6-8 weeks for Palmers Green conveyancing to complete.This was a month ago. The draft contract was only sent to my solicitor a couple of days ago so does the clock start running now?
There is no conventional countdown for conveyancing in Palmers Green, or any location. You just have to make sure your finances are in place and in due course the rest will come to you eventually.