I am in need of a property lawyer. Do I opt for a web based conveyancer or a high street Barnet conveyancing solicitor?
Barnet is a unique place, where regional experience counts for a lot. The relaxed pace of life is great – but not for your house move. The conveyancers that we list host in-depth Barnet intelligence with a proactive, hands-onattitude that ensures everything runs smoothly. It is a definite plus that they enjoy good connections with financial advisers, search providers, valuers and counterpart Barnet conveyancing firms
We are selling our house in Barnet. Does my lawyer have to be required to be on the Nationwide conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Nationwide conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently at the moment.
How does conveyancing in Barnet differ for newly converted properties?
Most buyers of new build or newly converted property in Barnet come to us having been asked by the developer to sign contracts and commit to the purchase even before the residence is built. This is because developers in Barnet usually buy 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 conveyancing solicitors 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 Barnet or who has acted in the same development.
I am looking to sell my property. My former solicitors has retired. I am in need of a recommendation of a conveyancing firm. I happen to live in Barnet if that makes a difference.
You should use our search tool to help you choose a solicitor for your conveyancing in Barnet. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
I need to retain a conveyancing solicitor for sale conveyancing in Barnet. I happened to discover a web site which seems to have the ideal answer If there is a chance to get all formalities done via phone that would be preferable. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Can you provide any advice for leasehold conveyancing in Barnet from the perspective of saving time on the sale process?
- Much of the delay in leasehold conveyancing in Barnet can be bypassed where you get in touch lawyers as soon as your agents start advertising the property and request that they start to collate the leasehold information needed by the purchasers’ representatives. Many freeholders or managing agents in Barnet levy fees for supplying management packs for a leasehold premises. You or your lawyers should enquire as to the actual amount of the charges. The management pack can be applied for as soon as you have a buyer, thus reducing delays. The average time it takes to receive management information is three weeks. It is the most common reason for delay in leasehold conveyancing in Barnet. A minority of Barnet leases require Licence to Assign from the landlord. If this is the case, you should notify your estate agents to make sure that the purchasers put in hand financial (bank) and professional references. Any bank reference should make it clear that the buyer is able to meet the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the purchasers or their lawyers. If you hold a share in a the Management Company, you should ensure that you have the original share certificate. Arranging a re-issued share certificate is often a lengthy formality and slows down many a Barnet home move. If a reissued share is required, do contact the company officers or managing agents (where applicable) for this at the earliest opportunity.
I own a garden flat in Barnet. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the premium due for a lease extension?
if there is a absentee landlord or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the Leasehold Valuation Tribunal to decide the price.
An example of a Lease Extension decision for a Barnet property 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.