Me and my partner are purchasing a leasehold flat in Colney Hatch. My property lawyer has never been on on the mortgage company solicitor panel. Is it possible for me to appoint my Colney Hatch conveyancing solicitor even though they are not on the mortgage company list of approved lawyers?
One will need to use a lawyer to deal with the formalities when you take out a loan to purchase your home. They will conduct all the appropriate due diligence on the property, ensuring that you will be properly registered as the owner and ensure that all the necessary mortgage paperwork is in place. You may appoint a Colney Hatch lawyer of your choosing. However, where the conveyancer appointed is not on the mortgage company approved list additional fees will be incurred as separate legal representation will be need by the lender. Conveyancing panel applications can be submitted, so where your solicitor has not in the past sought membership they should do so.
It is a dozen years since I bought my property in Colney Hatch. Conveyancing solicitors have now been retained on the sale but I am unable to track down the deeds. Is this a problem?
Don’t worry too much. First the deeds may be with the mortgage company or they may be archived with the lawyers who acted in your purchase. Secondly the likelihood is that the land will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing lawyers acquiring up to date copy of the land registers. The vast majority of conveyancing in Colney Hatch involves registered property but in the unlikely event that your home is not registered it is more of a problem but is resolvable.
I appreciate that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when purchasing a house in Colney Hatch? or Apparently there is historic law that could mean that owners of property living in a parish church boundary will be compelled to contribute towards maintenance to the chancel within the church. Is this appropriate for conveyancing in Colney Hatch?
Unless a previous acquisition of the house completed after 12 October 2013 you could take it that solicitors carrying out conveyancing in Colney Hatch to remain recommending a chancel search and or insurance against a claim.
The deeds to my house are lost. The conveyancers who conducted the conveyancing in Colney Hatch 5 years ago are no longer around. What are my options?
Assuming the title is registered the information relating to your proprietorship will be documented by the Land Registry with a Title Number. It is possible to conduct a search at the Land Registry, identify your property and get current copies of the Registered Entries for a small fee. Where the property is Leasehold then the Land Registry will usually retain a file copy of the Registered Lease and again, a copy can be obtained for a small fee.
What is different about your site and alternative internet conveyancing solicitors when it comes to conveyancing in Colney Hatch?
At this site get an accurate costs illustration via a Solicitor or Licensed Conveyancer that has a full understanding of the issues for your conveyancing in Colney Hatch. As opposed to estate agents and many comparison sites we do not charge firms a fee if you appoint them for your conveyancing in Colney Hatch
If all goes to plan we aim to complete our sale of a £325,000 apartment in Colney Hatch in just under a week. The management company has quoted £324 for Certificate of Compliance, insurance certificate and previous years statements of service charge. Is it legal for a freeholder to charge such fees for a leasehold conveyance in Colney Hatch?
Colney Hatch conveyancing on leasehold apartments usually involves the purchaser’s solicitor submitting enquiries for the landlord to answer. Although the landlord is not legally bound to address such questions most will be content to do so. They are entitled to levy a reasonable charge for responding to questions or supplying documentation. There is no set fee. The average fee for the information that you are referring to is over three hundred pounds, in some situations it is in excess of £800. The administration charge invoiced by the landlord must be accompanied by a synopsis of entitlements and obligations in relation to administration fees, without which the charge is not strictly payable. In reality you have little option but to pay whatever is requested of you should you wish to exchange contracts with the buyer.
I am the registered owner of a ground flat in Colney Hatch. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the amount due for the purchase of the freehold?
Where there is a missing freeholder or where there is dispute about what the lease extension should cost, under the relevant legislation it is possible to make an application to the LVT to assess the sum to be paid.
An example of a Lease Extension decision for a Colney Hatch property is 90 & 96 Poplar Grove in June 2013. It was held by the Tribunal that the premium to be paid for the new lease in respect of each of the flats referred should be £17,942 This case related to 2 flats. The unexpired term was 68 years.