Is the fact that my solicitor in Brent Cross is not identified on my bank's conveyancing panel that there is a problem with the quality of her conveyancing?
That is more than likely an incorrect assumption to make. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Brent Cross conveyancing firm and enquire why they are no longer on the approved list for your lender.
Why is leasehold purchase conveyancing in Brent Cross costs more?
In summary, leasehold conveyancing in Brent Cross and elsewhere usually requires more hours of investigation compared to freehold conveyancing. This includes checking the lease terms, corresponding with the landlord about serving required notices, procuring current service charge and management information, securing the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.
What will a local search reveal regarding the house I am purchasing in Brent Cross?
Brent Cross conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search organisations for instance Searchflow The local search plays a central role in many a Brent Cross conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your new home. The search will reveal information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject headings.
4 months have gone by since my purchase conveyancing in Brent Cross completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
My company is planning to lease a unit on a shopping parade. Can you recommend solicitors offering no-sale-no fees for commercial conveyancing in Brent Cross for less than 1500k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Brent Cross, including the sale and acquisition of businesses as well as simply property. If you are intending to buy or lease a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right solicitor. As for the costs these will vary based on the structure and terms of the deal. Let us have your details or call so as to enable us to provide you with a fixed commercial conveyancing quote.
Completion is due on the sale of our £350,000 maisonette in Brent Cross on Wednesday in a week. The managing agents has quoted £300 for Certificate of Compliance, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Brent Cross?
Brent Cross conveyancing on leasehold apartments normally necessitates fees being invoiced by landlords agents :
Completing pre-exchange enquiries
Where consent is required before sale in Brent Cross
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I have had difficulty in trying to purchase the freehold in Brent Cross. Can the Leasehold Valuation Tribunal adjudicate on premiums?
You certainly can. We are happy to put you in touch with a Brent Cross conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Brent Cross flat is First Floor Flat 61 Wilberforce Road in March 2014. The premium payable was £10,130 and the case was remitted back to the Willesden County Court to effect the Vesting Order (Claim No 3W103100). This case related to 1 flat. The unexpired term as at the valuation date was 71 years.