Can you clarify what the consequences are if my lawyer’s firm is expelled from the UBS Solicitor panel ahead of completing my conveyancing in Wood Green?
The first thing to point out is that, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
My colleague advised me that if I am purchasing in Wood Green I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally included in the estimate for your Wood Green conveyancing searches. It is a large report of more than thirty pages, listing and setting out significant information about Wood Green around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful data regarding Wood Green.
I am buying a new build apartment in Wood Green. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Wood Green
-
Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? There must be mutual enforceability of lessee’s covenants. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
Due to the input of my in-laws I had a survey completed on a property in Wood Green ahead of instructing conveyancers. I have been advised that there is a flying freehold element to the property. My surveyor has said that some mortgage companies tend refuse to grant a loan on such a house.
It varies from the lender to lender. Lloyds has different requirements from Halifax. If you call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Wood Green. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Wood Green to see if the conveyancing will be more expensive.
What makes your site different to other web based conveyancing brokers when it comes to conveyancing in Wood Green?
At this site obtain a fixed fee quote from a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Wood Green. Unlike many estate agents and brokerage sites we do not operate kick-back arrangements with solicitors. A large number of agents and online brokers 'recommend' solicitors paying the most per referral, as opposed to the best value conveyancing in Wood Green
Is it true that a Wood Green conveyancing company taken to court by clients for not carrying out comprehensive conveyancing investigations?
We are not aware of such a Wood Green conveyancing matter but according to a recent report, a couple purchasing a house elsewhere in England successfully sued their property lawyer due to development permission to build a wind farm failing to be identified in conveyancing searches.
If you are purchasing in Wood Green It is critical that your lawyer conduct all Wood Green conveyancing searches required to ensure you have accurate and current information ahead of acquiring a home in Wood Green.