I plan on buying a leasehold flat in Colney Hatch. My property lawyer is not on the bank approved panel. Am I still permitted to use my Colney Hatch conveyancing solicitor notwithstanding that they are not on the lender panel of approved conveyancing solicitors?
One will need to instruct a solicitor to deal with the legal work required if you need a loan to buy your home. They will conduct all the necessary due diligence on the property, ensuring that you will be registered as proprietor and ensure that all the necessary mortgage documentation is dealt with. One could select a Colney Hatch conveyancing practitioner of your choice. Nevertheless, where the conveyancing practitioner appointed is not on the mortgage company approved list supplemental fees will arise as separate legal representation will be required by them. Bank panel applications may be submitted, so provided your solicitor has not in the past sought membership they should take the chance to apply.
Can you help - my lawyer advises that absentee landlord insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Colney Hatch?
The right level of absentee landlord indemnity insurance depends on your lender. It would differ for example between HSBC Bank and Skipton Building Society. Conveyancing practitioners as opposed to members of the public take out such insurances.
Can I be sure that the Colney Hatch conveyancing solicitor on the Kent Reliance panel is any good?
When it comes to conveyancing in Colney Hatch obtaining recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always recommend that you speak with the lawyer carrying out your conveyancing.
I've digested plenty of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Colney Hatch solicitor - who is on the Skipton conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Skipton will need an independent valuation of the property. Your lawyer will not arrange this. Usually Skipton will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Colney Hatch surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I appreciate that there are debates on Chancel Insurance on online forums. Am I compelled to take this when buying a residence in Colney Hatch? or Apparently there is a law dating back centuries that could mean that homeowners living in a parish church boundary may be liable to pay for repairs towards the chancel within the church. Is this a legitimate concern for conveyancing in Colney Hatch?
Unless a previous purchase of the house completed after 12 October 2013 you may take it that conveyancing practitioners delivering conveyancing in Colney Hatch to remain recommending a chancel search and or insurance against a claim.
I need to find a conveyancing solicitor for freehold conveyancing in Colney Hatch. I happened to stumble upon a site which appears to be the perfect answer If there is a chance to get all formalities completed via web that would be preferable. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I have recently realised that I have 72 years unexpired on my flat in Colney Hatch. I am keen to extend my lease but my landlord is absent. What should I do?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be extended by the magistrate. However, you will be required to demonstrate that you or your lawyers have made all reasonable attempts to track down the lessor. For most situations a specialist would be useful to try and locate and to produce a report which can be used as evidence that the landlord is indeed missing. It is advisable to get professional help from a solicitor in relation to proving the landlord’s absence and the application to the County Court overseeing Colney Hatch.
Having spent months of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Colney Hatch. Can we issue an application to the Residential Property Tribunal Service?
if there is a missing landlord or where 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 determine the sum to be paid.
An example of a Lease Extension decision for a Colney Hatch flat is 90 & 96 Poplar Grove in June 2013. It was held by the Tribunal that the premium to be paid for the new lease in respect of each of the flats referred should be £17,942 This case related to 2 flats. The number of years remaining on the existing lease(s) was 68 years.
My folks are unable to locate their Colney Hatch land registry title on the site. They recall that fifty years ago when they purchased the house there were complications concerning the post code not being recognised in some systems.
Nearly all residences in Colney Hatch should show up. Have you tried a search to just the postcode. Usually it should identify all the properties within the postcode. Where registered it will show up with a title number. Where they bought back in the 60’s it's conceivable it may be unregistered. The property may still be revealed but with the title number shown 'na'. In this scenario you will need to find the original title deeds which might be with your parent’s mortgage company.