Having been recommended your organisation we were going to use a conveyancing solicitor in East Barnet endorsed on your site but stumbled across some other fee calculations via the web appear less pricey – why is this?
There are numerous conveyancing outfits marketing at first sight what seems to be very low prices. We suggest that you think twice as to how much you respect your own move to want to be penny wise pound foolish in relation to the standard of the conveyancing. Many of them accentuate a bargain quote as a headline but hide supplemental fees in the fine print..
Last August we completed a house move in East Barnet. We have since encountered a number of problems with the house which we suspect were omitted in the conveyancing searches. Is there anything we can do? Can you clarify the type of searches that should have been carried out for conveyancing in East Barnet?
The query is vague as to the nature of the problems and if they are specific to conveyancing in East Barnet. Conveyancing searches and due diligence undertaken as part of the buying process are designed to help avoid problems. As part of the legal transfer of property, the vendor completes a questionnaire referred to as a Seller’s Property Information Form. If the information turns out to be incorrect, you may have a misrepresentation claim against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in East Barnet.
My aunt passed away 10 months ago and as sole heir and executor I was left the property in East Barnet. The house had a small mortgage left on it of around £5k. I want to have the title changed into my name whilst I re-mortgage to Virgin Money, pay off the mortgage. Is this allowed?
Given you plan to re-mortgage then Virgin Money will insist on your using a conveyancer on the Virgin Money conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Virgin Money conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Virgin Money mortgage is registered as a charge at the Land Registry.
Have completed on a a detached house in East Barnet , how long will it take for the Land Registry to register the transfer to my name? My East Barnet conveyancing solicitor has been very slow, so I want to be certain the land registry aspects are addressed.
There is nothing unique when it comes to conveyancing in East Barnet registration formalities. As opposed to being determined by geographic area, timescales can vary according to the party submitting the application, whether it is in order and whether the Land registry must send notices to any interested persons or bodies. Currently in the region of 80% of submission are fully addressed in less than three weeks but some can be subject to extensive delays. Historically registration is effected after the purchaser has moved in to the property thus post completion formalities is not typically primary concern yet where there is a degree of urgency associated with the registration then you or your solicitor should communicate with the Registry to express the reasoning for an expedited registration.
Over the last few months I have been searching for a ground for flat up to £195,000 and found one near me in East Barnet I like with amenity areas and transport links nearby, however it's only got 61 years on the lease. I can't really find anything else in East Barnet for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a mortgage the shortness of the lease will likely be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
I am looking for a conveyancing lawyer in East Barnet for my home move. Is it possible to check a solicitor's complaints history with the legal regulator?
Anyone may review published Solicitor Regulator Association (SRA) decisions arising from inquisitions from 2008 onwards. Go to Check a solicitor's record. For records Pre 2008, or to check a solicitors record, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The SRA could monitor telephone calls for training purposes.