The solicitor who dealt with my previous purchase has sent a quote for £995 for fixed fee conveyancing in North Finchley. I’m hoping to downsize from a newly refurbished house for £175,000. Is this expensive? Is it above what I should be paying for conveyancing in North Finchley?
The quote is fractionally on the expensive side. If you shop around you could trim some of the cost by as much as £100 plus VAT. On the other hand, you couldlive to rue opting for an a cheaper lawyer. Don't forget to enquire that the solicitor can also act for your lender. Do make use of our comparison tool to select a North Finchley conveyancing firm on the lender’s conveyancing panel which can often include conveyancing solicitors in North Finchley.
My grandson is purchasing a new build apartment in North Finchley with a home loan from Leeds Building Society. His lawyer has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The document is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Leeds Building Society conveyancing panel as a standard part of the process, and to the valuer when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Leeds Building Society conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I own a freehold property in North Finchley yet charged rent, why is this and what is this?
It’s unusual for properties in North Finchley and has limited impact for conveyancing in North Finchley but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
Is there a search tool that I can use to investigate if the solicitor conducting my conveyancing in North Finchley is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Accord Mortgages Ltd thus spending £192.00 in further conveyancing invoice.
Feel free to make use of the find a lender approved solicitor tool on this page. Pick the mortgage company and type ‘North Finchley’ or your preferred area and you will see a number of lawyer based in North Finchley or near you.
Me and my brother have a 4 bedroom Georgian house in North Finchley. Conveyancing practitioner represented me and Norwich and Peterborough Building Society. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold under the exact same property. I'd like to know for sure, how can I find out??
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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in North Finchley and other areas of 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 buyers. You can also question the situation with your conveyancing solicitor who conducted the purchase.
Taking into account that I am about to spend over three hundred thousand on a two bedroom apartment in North Finchley I wish to talk to a lawyer concerning thetransaction ahead of giving the go ahead to the firm. Can this be arranged?
Absolutely - it is our preference to talk to you we do not take any clients on without you first talking to the solicitor due to be conducting your property ownership legalities in North Finchley.There is no ‘factory style conveyancing’ - every client is an important person, not a file number. The law firms that we put you in touch with believe that the figure you are calculated and presented to you for your conveyancing in North Finchley should be the figure that you end up paying.