I have just been advised by my lender that my East Finchley property lawyer is not on the lender Solicitor panel. How can I be sure that this is correct?
The sensible course of action for you to take is to contact your East Finchley lawyer directly. It is reasonable to expect your lawyer to inform you of the situation. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
I have given 2 months notice to my existing landlord and must leave my let out apartment in East Finchley by the end of next month. Conveyancing on my purchase has just started. Can I complete in three weeks as don't want to have to find temporary accommodation?
Generally one should not serve notice for your letting unless you have exchanged. Assuming that you have not previously done so, notify to your lawyer and request that they chase the owners side, try to get a realistic time scale from them that all parties will look towards
Can I use your services to find a Conveyancing solicitor in East Finchley even where I’m not purchasing or disposing of a house, for instance where I want to acquire an office in East Finchley with a mortgage from Skipton Building Society?
The service is primarily used to find domestic conveyancing solicitors in East Finchley but we have set out at the bottom of this page a selection of East Finchley commercial conveyancing firms. You will need to enquire with the firm directly to see if they are also authorised to represent Skipton Building Society
Over the last few months I have been searching for a ground for flat up to £305k and identified one near me in East Finchley I like with amenity areas and transport links in the vicinity, the downside is that it only has 52 remaining years left on the lease. I can't really find anything else in East Finchley suitable, so just wondered if I would be making a grave error acquiring a short lease?
If you need a mortgage the remaining unexpired lease term will likely be an issue. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.
I'm remortgaging my primary property to a BTL loan with Chelsea Building Society and I will use the rest of the raised equity as a down payment on further property. The location we are looking at is East Finchley. Will your conveyancers be able to act for both sets of mortgage companies and link together the transactions?
Make use of our comparison tool on this page to ensure that the solicitors are approved by both banks. Assuming that they are the lawyer should be able to connect the two conveyancing matters but you should talk with you conveyancer and specify your expectations and requirements.
Having checked my lease I have discovered that there are only 68 years remaining on my lease in East Finchley. I am keen to extend my lease but my landlord is missing. What should I do?
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 granted an extra 90 years by the magistrate. You will be obliged to demonstrate that you or your lawyers have used your best endeavours to find the lessor. For most situations an enquiry agent should be useful to carry out a search and prepare a report to be accepted by the court as proof that the freeholder can not be located. It is wise to seek advice from a solicitor in relation to investigating the landlord’s absence and the application to the County Court overseeing East Finchley.
Notwithstanding our best endeavours, we have been unsuccessful in trying to purchase the freehold in East Finchley. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Most definitely. We are happy to put you in touch with a East Finchley conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a East Finchley premises is Ground Floor 110 Station Road in June 2013. The Tribunal found that the premium payable for a lease extension should be £31,665. This case was in relation to 1 flat. The unexpired lease term was 56.65 years.