After what seems like an age a loan offer from HSBC for the refinancing of my 4 room apartment is to be issued any day now. Are you able to propose a cheap conveyancing law firm in North London?
You are on the wrong site if you are in need of a cheap conveyancing in North London. We can offer you excellent value conveyancing but we do not advertise as being the cheapest. Avoid the trap of appointing brokers seducing you with ninety nine pound conveyancing in North London. In your best case scenario, in deciding on low cost conveyancing, you will earn what you pay for and at worst you will end up being stung for extras and still not get the service expected.
The North London conveyancing firm handling our North London conveyancing has spotted an inconsistency between the information in the valuation survey and what is revealed within the title deeds. My solicitor has advised that he is obliged to check that the bank is happy with this discrepancy and is content to go ahead. Is my lawyer’s approach appropriate?
Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
I am planning to move house in May. Will my conveyancing solicitor call the removal company on the day of completion. Incidentally, can you suggest a removal company in North London. Conveyancing solicitor was organised before I stumbled across this website.
On the day of completion you can pick up the house keys from the estate agent but this can only be done when the sellers conveyancers inform the agent that they acknowledge receipt of the completion payment and the keys can be collected. You can inform the removal men that they can start moving you in. We do not recommend a particular removal company but can help you choose a conveyancing in North London or a legal practice that specialises in conveyancing in North London.
I am expecting a AIP from Co-operative this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Co-operative recommend any North London solicitors on the Co-operative conveyancing panel, or is it better to find our own lawyer?
You will need to appoint North London solicitors independently although you'll need to choose one on the Co-operative conveyancing panel. The solicitor represents both you and Co-operative through the process.
I can not work out if my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local North London building society branch on various occasions and was told they are content with the situation and they will lend. My North London conveyancing solicitor - who is on the lender conveyancing panel- telephoned to say that they will not lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. I simply don't know who is right.
The lawyer has to comply with the CML Handbook Part 2 specifications for your lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I was advised by a few property agents in North London to select a property lawyer using your seach tool. Is there a financial inducement for Estate Agents to market your services ahead of another?
We refuse to offer any commission for pointing buyers and sellers in our direction. We thought it would be too underhand a fee as members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
Can you offer any advice when it comes to finding a North London conveyancing firm to carry out our lease extension conveyancing?
If you are instructing a property lawyer for lease extension works (regardless if they are a North London conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of work. We suggest that you speak with several firms including non North London conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be useful:
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How familiar is the practice with lease extension legislation? What volume of lease extensions has the firm conducted in North London in the last 12 months?
Having spent months of correspondence we cannot agree with our landlord on how much the lease extension should cost for our flat in North London. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most definitely. We can put you in touch with a North London conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a North London flat is 20 Avonwick Road in July 2013. The Tribunal was dealing with an application under Section 26 of the Leasehold Reform Housing and Urban Development Act 1993 for a determination of the freehold value of the property. It was concluded that the price to be paid was Fifteen Thousand Nine Hundred and Seventy (£15,970) divided as to £8,200 for Flat 20 and £7,770 for Flat 20A This case related to 1 flat. The unexpired term was 73.26 years.
My partner and I have had DIP from Coventry Building Society who suggested we could borrow up to £350k. When do I need to appoint a solicitor for conveyancing? North London is where we plan to move to.
It would be wise to appoint a conveyancing practitioner now requesting that they open a file for you. This will kickstart: 1) the estate agent to issue a Sales Memorandum to all parties 2) the seller’s property lawyer to send out the draft contract. That being said, do not ask your lawyer to order searches until you have your valuation report via Coventry Building Society and you are content to move forward.