I require quick conveyancing in Colney Hatch as I have pressure to sign on the dotted line within 4 weeks. A mortgage is not required. Is it possible to escape the need for conveyancing searches to save money and time?
As you are are a mortgage free purchaser you have the choice not to have searches conducted although no law firm would advise that you don't. With lots of history conveyancing in Colney Hatch the following are instances of issues that can be revealed and adversely affect future mortgageability: Refused Planning Applications, Outstanding Charges, Overdue Grants, Unadopted Roads,...
It has been four months following my purchase conveyancing in Colney Hatch completed. I have checked the Land Registry website 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.
Do I need to be wary about third parties that I am dealing with are suggesting a national conveyancing firm as opposed to a local Colney Hatch conveyancing firm?
As with many professional services, often recommendations from connections can be worth their weight in gold. Nevertheless there are numerous people with a vested interest in a conveyancing matter; estate agents, mortgage brokers and mortgage companies might all recommend solicitors to instruct. Sometimes these lawyers might be known to one of the organisations as being good in their field, but sometimes there exists a commercial relationship behind the endorsement. You have the right to appoint your preferred lawyer. Don't forget that some banks specify a panel list of lawyers you have to use for the mortgage aspect of your transaction.
I am using a search engine for the term conveyancing in Colney Hatch it shows results of many solicitorslocally. How do I determine which is the right conveyancing solicitor for me?
The ideal way of choosing a suitable conveyancer is via personal referral, so ask friends and relatives who have purchased a property in Colney Hatch or the respected estate agent or financial adviser. Fees for conveyancing in Colney Hatch differ, so it's sensible to secure a minimum of four estimates from varying types of conveyancers. Dont forget to clarify that the fees are fixed.
My wife and I purchased a leasehold flat in Colney Hatch. Conveyancing and Norwich and Peterborough Building Society mortgage went though with no issue. I have received a letter from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1991. The conveyancing solicitor in Colney Hatch who previously acted has now retired. What should I do?
The first thing you should do is contact HMLR to make sure that the individual purporting to own the freehold is indeed the new freeholder. It is not necessary to incur the fees of a Colney Hatch conveyancing practitioner to do this as it can be done on-line for less than a fiver. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I have attempted and failed to negotiate with my landlord for a lease extension without success. Can I make an application to the Leasehold Valuation Tribunal? Can you recommend a Colney Hatch conveyancing firm to assist?
if there is a absentee freeholder or if there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to determine the price.
An example of a Lease Extension decision for a Colney Hatch premises 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 was in relation to 2 flats. The remaining number of years on the lease was 68 years.
Should I stop the direct debit for my mortgage with Virgin Money as soon as a completion date for my home sale in Colney Hatch has been set?
You are best advised to keep meeting any mortgage payments to Virgin Money until the mortgage is repaid on completion as part of your Colney Hatch conveyancing.