Why is leasehold purchase conveyancing in Golders Green costs more?
The conveyancing fees for a leasehold property in Golders Green is frequently more expensive than on a freehold residence. This is because there is an amount of supplemental investigations required in corresponding with the freeholder and management company to collate the information about whether the rent and maintenance charges have been cleared and whether there are any significant expenditure in the foreseeable future on repairs or maintenance of the building.
We're in Golders Green, First timers purchasing with a mortgage (lender is Coventry BS , and our solicitor is on the Coventry BS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Coventry BS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Should my lawyer be asking questions concerning flooding during the conveyancing in Golders Green.
Flooding is a growing risk for solicitors dealing with homes in Golders Green. Some people will purchase a house in Golders Green, fully aware that at some time, it may be flooded. However, leaving to one side the physical damage, if a house is at risk of flooding, it may be difficult to obtain a mortgage, suitable insurance cover, or dispose of the premises. Steps can be carried out during the course of a property purchase to forewarn the purchaser.
Solicitors are not qualified to offer advice on flood risk, but there are a various searches that may be carried out by the purchaser or by their lawyers which should give them a better understanding of the risks in Golders Green. The conventional set of information supplied to a buyer’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard inquiry of the owner to find out if the premises has suffered from flooding. In the event that flooding has previously occurred which is not revealed by the vendor, then a purchaser may issue a claim for damages as a result of such an inaccurate answer. A purchaser’s lawyers will also carry out an enviro search. This should disclose if there is a recorded flood risk. If so, further investigations will need to be carried out.
Is it possible to switch conveyancer as I need to choose one who is on the Santander conveyancing panel. I was using a local conveyancing solicitor in Golders Green five minutes from me but he is not accepted by Santander
We will our best to assist in finding you a conveyancing solicitor in Golders Green on the Santander panel. Please note that the conveyancers that we on the directory do not pay us fee if you instruct them and are fully regulated by the SRA who regulate all conveyancing solicitors in Golders Green. In utilising the find a conveyancing solicitor tool on this site, you can compare charges for conveyancing solicitors in Golders Green and throughout England and Wales.
We're novice buyers - agreed a price, yet the agent told us that the owners will only issue a contract if we instruct their chosen solicitors as they need an ‘expedited deal’. My instinct tells me that we should use a family solicitor who is familiar with conveyancing in Golders Green
It is highly unlikely the sellers are behind this. Should the vendor require ‘a quick sale', alienating a serious buyer is counter productive. Speak to the vendors direct and explain that (a)you are serious purchasers (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)but you are going to instruct your own,trusted Golders Green conveyancing firm - not the ones that will earn their estate agent a kickback or achieve conveyancing thresholds pre-set by head office.
Can you offer any advice when it comes to appointing a Golders Green conveyancing firm to deal with our lease extension?
When appointing a solicitor for your lease extension (regardless if they are a Golders Green conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We suggest that you talk with several firms including non Golders Green conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be of use:
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How experienced is the firm with lease extension legislation? If they are not ALEP accredited then what is the reason?
I have given up seeking a lease extension in Golders Green. Can this matter be resolved via the Leasehold Valuation Tribunal?
Absolutely. We can put you in touch with a Golders Green conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Golders Green premises is Flat A 372 Cricklewood Lane in January 2013. The Tribunal decided that the premium for the extended lease should be £5,750.00 and that the terms of the new lease should be those set out in annex to the decsion This case was in relation to 1 flat.