Do the conveyancing solicitors that are recommend carry out auction conveyancing in North Finchley?
There are a number of auction solicitors we can connect you with those conducting auction conveyancing. North Finchley is just one of the many areas of where our lawyers have offices.
My lawyer in North Finchley is not on the Halifax Conveyancing Panel. Can I still use my prefered solicitor notwithstanding that they are not on the Halifax panel?
Your options are as follows:
- Carry on with your preferred North Finchley solicitors but Halifax will need to instruct a solicitor on their panel. This will result in additional overall legal fees and result in frustration.
- Get a new practitioner to act in the purchase, obviously checking they are on the Halifax panel
I appreciate that there are debates on Chancel Insurance on online forums. Do I require this when acquiring a residence in North Finchley? or Apparently there is a law dating back centuries that could mean that house owners residing in a parish church boundary may be liable to contribute towards maintenance to the chancel within the church. Is this applicable for conveyancing in North Finchley?
Unless a previous acquisition of the premises completed post 12 October 2013 you may expect lawyers carrying out conveyancing in North Finchley to remain recommending a chancel search and or chancel repair liability policy.
What does commercial conveyancing in North Finchley cover?
North Finchley conveyancing for business premises covers a wide array of guidance, supplied by qualified solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
I work for a long established estate agency in North Finchley where we have witnessed a number of leasehold sales derailed as a result of leases having less than 80 years remaining. I have received inconsistent advice from local North Finchley conveyancing firms. Could you shed some light as to whether the seller of a flat can instigate the lease extension formalities for the purchaser on completion of the sale?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the disposal of the property.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
I have attempted and failed to negotiate with my landlord to extend my lease without any joy. Can I make an application to the Leasehold Valuation Tribunal? Can you recommend a North Finchley conveyancing firm to act on my behalf?
in cases where there is a absentee freeholder or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to make a decision on the amount due.
An example of a Lease Extension case for a North Finchley residence is Flat 2 2 Netherfield Road in April 2010. The Tribunale held that premium payable for a 90 year extension to the existing Lease should be £7,705. This case related to 1 flat. The number of years remaining on the existing lease(s) was 76 years.
I am buying a leasehold maisonette in North Finchley. Conveyancing estimates are averaging around £two thousand. Is that in the right ballpark?
The average cost in 2014 for conveyancing in North Finchley was £1,500 not including Stamp Duty and Land Registry fees.