AssumingI were to acquire a straightforward propertyin Cockfosters for cash and dispense with a survey and no conveyancing searches how much would I expect to have to pay for conveyancing in Cockfosters?
Any savings you would gain would be isolated to the disbursement for searches. A conveyancer still got to do everything else - money laundering, liaising with the sellers solicitor, stamp duty submission, register the title etc. A slight saving might be made by not needing to register a mortgage however it won't be meaningful.
My wife and I have a renovated Victorian house in Cockfosters. Conveyancing lawyer represented me and Nationwide Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, the second leasehold under the exact same address. I'd like to know for sure, how can I find out??
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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Cockfosters 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 position with your conveyancing solicitor who conducted the conveyancing.
How does conveyancing in Cockfosters differ for newly converted properties?
Most buyers of new build or newly converted property in Cockfosters contact us having been asked by the builder to sign contracts and commit to the purchase even before the property is finished. This is because developers in Cockfosters typically acquire the land, 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 accustomed to new build conveyancing in Cockfosters or who has acted in the same development.
I am looking for a leasehold apartment up to £305k and identified one close by in Cockfosters I like with amenity areas and station nearby, the downside is that it only has 51 remaining years left on the lease. There is not much else in Cockfosters for this price, so just wondered if I would be making a grave error buying a short lease?
Should you need a mortgage the shortness of the lease may be an issue. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least 2 years you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this matter.
Are there any apps to help identify a Cockfosters law firm on the Skipton Building Society conveyancing panel? I have wheels and am happy to travel upto 10miles to meet the solicitor.
You can use the tool on this website. Please choose the mortgage company and your location and you will see a number of Cockfosters conveyancing lawyers based on proximity. We have listed some Cockfosters conveyancing firms towards the end of this page and you can contact them to verify whether they are on the Skipton Building Society member panel
I am looking for a conveyancing practitioner in Cockfosters for my remortgage. Is there any facility to check a solicitor's complaints history with the legal regulator?
You can read documented Solicitor Regulator Association (SRA) determinations arising from inquisitions started on or after Jan 2008. Go to Check a solicitor's record. For information Pre 2008, or to check a solicitors record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The regulator could recorded call for training reasons.