Recently been in touch with my conveyancing lawyer in Finchley who acted for me 18 months ago asking for a conveyancing estimate based on an identical type of home move (a leasehold property and a freehold property) of similar values with a home loan from Birmingham Midshires. I am now being quoted double. Better the devil I know or do I try and find an alternative conveyancer?
The charges appear a bit high. If you you were to look around you may be able to trim some of the cost by say £100 plus VAT. On the other hand, providing that you were content with the conveyancing the firm gave you mightcome to rue choosing an a cheaper conveyancer. Remember to be sure the conveyancer can act for Birmingham Midshires. Do use our search tool to locate a Finchley conveyancing firm on the Birmingham Midshires member panel, which can often include conveyancing solicitors in Finchley.
My partner and I are acquiring a brand new flat in Finchley and my conveyancer is advising me that she is duty bound to the mortgage company to disclose incentives from the seller. I am under pressure to exchange and I would rather not delay the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I need some fast conveyancing in Finchley as I am faced with a deadline to sign on the dotted line within 4 weeks. A mortgage is not required. Is it possible to avoid the conveyancing searches to save fees and time?
If.Given you are are a mortgage free purchaser you are at free not to have searches carried out although no conveyancer would suggest that you don't. Drawing on our experience of conveyancing in Finchley the following are instances of what can be revealed and therefore impact future saleability: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Road Schemes,...
I decided to have a survey carried out on a house in Finchley before instructing lawyers. I have been informed that there is a flying freehold element to the house. The surveyor advised that some lenders will not issue a loan on such a premises.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Finchley. Conveyancing will be smoother if you use a solicitor in Finchley especially if they are accustomed to such properties in Finchley.
Having checked my lease I have discovered that there are only 68 years left on my lease in Finchley. I need to get lease extension but my landlord is can not be found. 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 enable the lease to be lengthened by the magistrate. However, you will be required to demonstrate that you have made all reasonable attempts to locate the lessor. For most situations a specialist would be helpful to carry out a search and prepare an expert document which can be used as proof that the landlord is indeed missing. It is wise to seek advice from a property lawyer in relation to proving the landlord’s disappearance and the application to the County Court overseeing Finchley.
Following months of correspondence we are unable to agree with our landlord on how much the lease extension should cost for our flat in Finchley. Can we issue an application to the Residential Property Tribunal Service?
Where there is a absentee freeholder or where there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to decide the sum to be paid.
An example of a Lease Extension case for a Finchley residence 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 term as at the valuation date was 56.65 years.
My a dozen years ago. He has got wed, widowed and is now remarried. He will be marketing the property in a few weeks. I think he will simply be need to supply copies of his marriage certificates to the lawyer however he is concerned it will frustrate the conveyancing. Is it worth updating the title information for the property?
It is not absolutely necessary to update the title for the property on the basis that you have the evidence required to show how the change of name resulted.
Any buyer’s solicitor should examine the land registry details and ask for evidence by way of proof of the name change for example marriage documentation.