I have just been advised by my lender that my Arnos Grove property lawyer is not on the bank Conveyancing panel. What can I do to be sure if this is correct?
Your first step should be to call your Arnos Grove lawyer directly. You lawyer should advise you of the situation. If they are not on the panel they may be able to suggest a Arnos Grove conveyancing firm that is on the approved list of lawyers for your lender.
Can you explain why leasehold purchase conveyancing in Arnos Grove is more expensive?
The conveyancing fees for a leasehold property in Arnos Grove is frequently greater than on a freehold transaction. This is because there is an amount of additional work necessary in corresponding with the freeholder and managing agents to obtain evidence concerning whether the rent and maintenance fee have been discharged and whether there are any major works due in the near future on repairs or maintenance of the block.
We are buying a house and the solicitor has raised the issue of Chancel Repair for which the property could be obligated to pay because it falls into the area of such a church. He has mentioned insurance. Is this really required for conveyancing in Arnos Grove
Unless a previous acquisition of the house took place after 12 October 2013 you can expect solicitors delivering conveyancing in Arnos Grove to remain encouraging a chancel search and or chancel repair liability insurance.
I have a 4 bedroom Georgian house in Arnos Grove. Conveyancing solicitor acted for me and Barclays Direct. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold under the exact same address. Is it worth asking Barclays Direct to clarify?
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Arnos Grove and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the situation with the conveyancing practitioner who carried out the work.
What is different about your site and other internet conveyancing brokers when it comes to conveyancing in Arnos Grove?
At this site secure a conveyancing costs illustration from a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Arnos Grove. As opposed to estate agents and brokerage sites we do not have referral deals with solicitors. Many agents and online brokers 'recommend' the firm paying the highest kickback, as opposed to the best value conveyancing in Arnos Grove
I am a negotiator for a busy estate agency in Arnos Grove where we have witnessed a few leasehold sales put at risk due to short leases. I have been given contradictory information from local Arnos Grove conveyancing firms. Please can you shed some light as to whether the vendor of a flat can start the lease extension process for the purchaser on completion of the sale?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the sale.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
After years of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Arnos Grove. Can we issue an application to the Residential Property Tribunal Service?
if there is a absentee landlord or if there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to arrive at the amount due.
An example of a Freehold Enfranchisement matter before the tribunal for a Arnos Grove premises is 23 Beaconsfield Road in July 2013. The Tribunals decided that the amount payable was £31,203 for the freehold. This case was in relation to 2 flats. The unexpired term was 70.31 years.