Our family solicitor has given a fee calculation of £1700 for fixed fee conveyancing in East Finchley. I’m looking to sell a modern house for £300,000. Are these conveyancing fees excessive? Is it above the norm for conveyancing in East Finchley?
The quote is fractionally on the expensive side. Where you are prepared to spend time contrasting costs you might trim some of the expense by as much as £125. That being said, you couldlive to regret opting for an an unknown conveyancer. Don't forget to ensure that the conveyancer can act for your bank. Do make use of our comparison tool to locate a East Finchley conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in East Finchley.
About to place a bid on a leasehold apartment in East Finchley. The estate agents advise that it is the norm for flats in East Finchley to have less than 75 years left on the lease. I am expecting a mortgage with Chelsea Building Society. Will the property be mortgageable given that the lease has 70 years remaining.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 14/2/2025 the requirements read as follows :
I am being told by my conveyancer that lack of right of way insurance is necessary on my purchase. What is the level of cover for East Finchley conveyancing?
The appropriate level of lack of right of way indemnity insurance depends on who your lender is. It would differ for example between Santander and Virgin Money. Conveyancing lawyers as opposed to borrowers take out such insurances.
Can you point me to a directory of Clydesdale panel solicitors in East Finchley on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association sites. A small selection of lending institutions make their panel listings visible online. Where you are looking for a East Finchley solicitor on the Clydesdale please use our facility.
I have decided to exercise my right to buy my property in East Finchley off the council. I have a mortgage agreed with Coventry BS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Coventry BS, you will need to appoint a solicitor on the Coventry BS conveyancing panel.
My wife and I have a 4 bedroom Victorian property in East Finchley. Conveyancing solicitor acted for me and Nationwide Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold under the exact same property. Is it worth asking Nationwide Building Society to clarify?
You should review the Freehold register you have again and check the Charges Register as there may be 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 East Finchley and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with the conveyancing solicitor who carried out the work.
I opted to have a survey completed on a property in East Finchley before retaining conveyancers. I have been informed that there is a flying freehold aspect to the house. My surveyor advised that some banks will not grant a mortgage on a flying freehold house.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. If you call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in East Finchley. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in East Finchley to see if the conveyancing costs will increase in light of this.
How does the Landlord & Tenant Act 1954 affect my business offices in East Finchley and how can you help?
The 1954 Act affords protection to commercial lessees, granting the dueness to make a request to court for a renewal lease and continue in occupation when the lease reaches an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are involved. Fees are different for commercial conveyancing. East Finchley is one of our numerous locations in which our lawyers are located