I am getting a offer of a home loan from Halifax. My intention is to use a Licensed Conveyancer in Totteridge. Does the Halifax Conveyancing panel allow for conveyancers regulated by the CLC?
The Halifax approved solicitor list is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Would the conveyancing lawyers identified via your search tool perform conveyancing in Totteridge by way of an attended exchange?
We do have a number of conveyancing specialists who can conduct personalised exchanges. You should contact us to obtain a costs illustration and details as to dates.
I purchased a semi-detached Georgian house in Totteridge. Conveyancing practitioner represented me and Coventry Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold under the matching property. I thought I was buying a freehold how can I check?
You need to read the Freehold register you have again and check the Charges Register for 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 Totteridge and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with the conveyancing practitioner who conducted the purchase.
How does conveyancing in Totteridge differ for newly converted properties?
Most buyers of new build or newly converted property in Totteridge contact us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is constructed. This is because house builders in Totteridge usually acquire 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 conveyancers 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 Totteridge or who has acted in the same development.
I am looking for a leasehold apartment up to £235,500 and found one close by in Totteridge I like with amenity areas and station in the vicinity, the downside is that it only has 52 years unexpired on the lease. There is not much else in Totteridge for this price, so just wondered if I would be making a mistake purchasing a short lease?
If you require a mortgage that many years will likely be an issue. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you can request that they start the process of the extension and then assign 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 matter.
My husband and I are new on the property ladder - agreed a price, but the agent has warned us that the vendor will only issue a contract if we use their preferred lawyers as they need an ‘expedited deal’. Our preferred option is to instruct a family solicitor accustomed to conveyancing in Totteridge
It is improbable the owners are driving this. If they desire ‘a quick sale', turning down a motivated buyer is counter productive. Avoid the agents and go straight to the sellers and explain that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)however you are going to appoint your own,trusted Totteridge conveyancing solicitors - rather thanthe ones that will give the negotiator at the agency a commission or hit his conveyancing figures demanded by HQ.