We were about to instruct a conveyancing solicitor in Friern Barnet recommended using your comparison tool but stumbled across some other quotes via the web appear less expensive – how come?
You can find plenty of solicitors advertising what appear to be cut price. We would encourage you to think twice about how important this transaction is to you that want to be penny wise pound foolish concerning the standard of the legal work. Many of them list a budget fee to catch your eye but conceal supplemental costs in the fine print..
When will exchange of contracts happen for purchase conveyancing in Friern Barnet and am I required to be at the solicitors branch?
Where you are round the corner to our conveyancing solicitors in Friern Barnet you are invited in to sign contracts. That being said, the law practices we recommend supply a countrywide conveyancing service and provide as equally detailed and professional a job for you when dealing with you by post or email. The signing of the contract is not when everything is set in stone. Signing on the dotted line is just a prerequisite for the solicitor to officially exchange when the time is right, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Friern Barnet)to be in the office available at the end of the phone to exchange contracts.
The formalities of my remortgage has taken place for my property in Friern Barnet. Conveyancing was a necessary evil but I would like to complain about the lender. How does one go about formally complaining?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. Ordinarily complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
About to purchase apartment in Friern Barnet. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the TSB conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Friern Barnet conveyancer is on the TSB conveyancing panel.
My offer on a property in Friern Barnet has been accepted, but there is a chain. The sellers have put an offer on somewhere, but it’s not been accepted yet, and are looking at other properties booked. I have instructed a nearby conveyancing solicitor in Friern Barnet. What should be my next step? When do I get the mortgage application with RBS started?
It is normal to have concerns where there is a chain as you are unlikely to want to incur expenses prematurely (home loan application is in the region of £1k, then valuation, Friern Barnet conveyancing search costs, etc). First, you should ensure that your conveyancing practitioner is on the RBS approved list. Concerning the subsequent stages this very much depends on the uniqueness of your transaction, desire for this property and on the state of the market. In a rising market many purchasers would apply for the mortgage with RBS and arrange for the valuation and only if it was satisfactory would they pay their lawyer to press on with searches.
I have been on the look out for a flat up to £305k and found one close by in Friern Barnet I like with amenity areas and station in the vicinity, the downside is that it's only got 51 years unexpired on the lease. I can't really find anything else in Friern Barnet for this price, so just wondered if I would be making a grave error buying a short lease?
If you need a home loan that many years may be an issue. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least 2 years you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.
My wife and I purchased a leasehold flat in Friern Barnet. Conveyancing and Godiva Mortgages Ltd mortgage organised. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1991. The conveyancing practitioner in Friern Barnet who acted for me is not around. What should I do?
The first thing you should do is contact the Land Registry to make sure that this person is in fact the registered owner of the freehold reversion. There is no need to incur the fees of a Friern Barnet conveyancing firm to do this as it can be done on-line for a few pound. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I own a garden flat in Friern Barnet. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the amount due for a lease extension?
Most definitely. We are happy to put you in touch with a Friern Barnet conveyancing firm who can help.
An example of a Lease Extension decision for a Friern Barnet premises is 34 Poplar Grove in June 2013. The Tribunal directed that the premium for the lease extension should be in the sum of £10,250. This case was in relation to 1 flat.
Do I need to pop into the offices of the bank conveyancing panel solicitor to execute the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Friern Barnet so that I can pop in to their offices when needed.
Most conveyancing panel lawyers for the lender undertake all of the work via the post, internet or over the phone. This means that they can undertake your Conveyancing Transaction no matter where you live in England or Wales. YOu dont have to use a conveyancing solicitor in Friern Barnet. However you should check if you can still book an appointment to go into appointed conveyancing lawyer if you prefer.