We note that you have a search directory identifying solicitors on the Virgin Money conveyancing panel. Do firms pay you a commission if I retain them for our conveyancing in Colindale?
We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Colindale.
2 months have gone by following my purchase conveyancing in Colindale concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. 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.
How does conveyancing in Colindale differ for newly converted properties?
Most buyers of new build or newly converted property in Colindale contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is constructed. This is because developers in Colindale usually buy the land, 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 conveyancers 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 Colindale or who has acted in the same development.
Due to the guidance of my in-laws I had a survey completed on a property in Colindale ahead of instructing solicitors. I have been told that there is a flying freehold overhang to the house. The surveyor advised that some mortgage companies will refuse to grant a loan on a flying freehold house.
It varies from the lender to lender. HSBC has different requirements from Halifax. If you contact us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Colindale. Conveyancing will be smoother if you use a solicitor in Colindale especially if they are acquainted with such properties in Colindale.
I was advised by a number of estate agents in Colindale to choose a conveyancer on your site. What’s the financial incentive for Estate Agents to market your lawyers over a competitor’s?
We don’t offer any financial incentive for sending work in our direction. We thought it would be too underhand a fee as a client could think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
Having checked my lease I have discovered that there are only Seventy years left on my flat in Colindale. I am keen to get lease extension but my landlord is missing. What options are available to me?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the magistrate. You will be obliged to prove that you or your lawyers have made all reasonable attempts to track down the freeholder. In some cases an enquiry agent may be useful to carry out a search and to produce an expert document which can be accepted by the court as evidence that the landlord can not be located. It is wise to seek advice from a conveyancer in relation to proving the landlord’s absence and the vesting order request to the County Court overseeing Colindale.
Following years of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Colindale. Can we issue an application to the Residential Property Tribunal Service?
Most certainly. We can put you in touch with a Colindale conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Colindale premises is 27B Hillside in February 2010. the resulting premium, all other aspects of the valuation having been agreed between the parties was set at £8,250 This case affected 1 flat. The remaining number of years on the lease was 70.25 years.