I am purchasing a semi-detached house in Muswell Hill. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Muswell Hill you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Muswell Hill.
We are buying a victorian detached house in Muswell Hill. The intention is to carry out an extension to the side at the property.Will the conveyancing process involve investigations to ascertain if these works were previously refused?
Your solicitor will review the registered title as conveyancing in Muswell Hill will sometimes reveal restrictions in the title deeds which prevent categories of alterations or require the permission of a 3rd party. Certain extensions require local authority planning permissions and approval in accordance building regulations. Many locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be wise to check these issues with a surveyor before you commit yourself to a purchase.
My lawyer has informed me that absentee landlord insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Muswell Hill?
The right level of absentee landlord indemnity insurance should be dictated by who your lender. It would differ for example between HSBC Bank and Bank of Scotland. Conveyancing solicitors as opposed to members of the public take out such insurances.
My wife and I have arranged the release of further monies on our home loan from Lloyds as we wish to carry out a loft conversion to our house in Muswell Hill. Do we need to choose a nearby Muswell Hill solicitor on the Lloyds conveyancing panel to handle the paperwork?
Lloyds don't usually require firms on their conveyancing panel to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Lloyds panel.
How does conveyancing in Muswell Hill differ for new build properties?
Most buyers of new build premises in Muswell Hill contact us having been asked by the developer to exchange contracts and commit to the purchase even before the house is constructed. This is because new home sellers in Muswell Hill tend to purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Muswell Hill or who has acted in the same development.
I decided to have a survey done on a house in Muswell Hill before appointing solicitors. I have been told that there is a flying freehold element to the house. Our surveyor has said that some banks tend not grant a loan on a flying freehold property.
It depends who your proposed lender is. HSBC has different instructions for example to Nationwide. Should you wish to call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Muswell Hill. Conveyancing may be slightly more expensive based on your lender's requirements.
In my capacity as executor for the will of my aunt I am selling a residence in Monmouth but I am based in Muswell Hill. My solicitor (based 235 kilometers awayrequires that I execute a stat dec prior to the transaction finalising. Could you suggest a conveyancing lawyer in Muswell Hill to attest this legal document for me?
strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are based in Muswell Hill
I own a leasehold house in Muswell Hill. Conveyancing and The Royal Bank of Scotland mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1997. The conveyancing solicitor in Muswell Hill who acted for me is not around. What should I do?
The first thing you should do is make enquiries of HMLR to make sure that this person is in fact the registered owner of the freehold reversion. You do not need to instruct a Muswell Hill conveyancing solicitor to do this as you can do this on the Land Registry website for less than a fiver. You should note that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Following years of correspondence we cannot agree with our landlord on how much the lease extension should cost for our flat in Muswell Hill. Can we issue an application to the Residential Property Tribunal Service?
if there is a absentee freeholder or where there is dispute about what the lease extension should cost, under the relevant statutes you can apply to the Leasehold Valuation Tribunal to judgment on the amount due.
An example of a Lease Extension matter before the tribunal for a Muswell Hill flat is Flat B 10 Grove Avenue in October 2013. Following a vesting order Clerkenwell and Shoreditch County Court 3rd July 2013 The tribunal determines that the premium payable for the lease extension was £36,215.00 This case was in relation to 1 flat. The unexpired lease term was 65.21 years.