The conveyancer who dealt with my former purchase has quoted £1200 for leasehold conveyancing in Edmonton. I am selling a Georgian property for £250,000. This sounds overpriced. Is it in excess of the average fee for conveyancing in Edmonton?
The charges are a little high. If you shop around you may be able to shave off some of the cost by perhaps £100 plus VAT. On the other hand, you couldlive to rue choosing an a cheaper conveyancer. If is important to enquire that the solicitor can represent your bank. Do make use of our search tool to locate a Edmonton conveyancing practice on the lender’s conveyancing panel which can often include conveyancing solicitors in Edmonton.
We are due to move house in February. Will my conveyancing solicitor liaise with the removal company on the completion day. Incidentally, can you put forward a removal company in Edmonton. Conveyancing solicitor was found before I stumbled across your site.
On the day of completion you can collect the keys from your estate agent however this can only occur once the vendors conveyancers confirm to the agent that they have the completion monies and the keys can be passed over. Subsequently you will need to inform the removal company that they can start moving you in. We do not recommend a specific removal company but can assist you in locating a residential property solicitor in Edmonton or a legal practice that specialises in conveyancing in Edmonton.
I happen to be the only beneficiary of my late mum's will with all property in now in my sole name, including the house in Edmonton. The Edmonton property was put into my name in October. I now wish to sell up. I understand that there is a CML six month 'rule', which means that my proprietorship will be treated the same way as if I'd bought the house in October. Do I have to wait 6 months to sell?
The CML handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be impacted by that. Some mortgage companies would take a sensible view as this clause is chiefly there to capture subsales or the wholesaling and assigning of properties.
We previously selected solicitors based in Edmonton on the Coventry BS solicitor panel. They have just invoiced me a supplemental fee for handling the Coventry BS mortgage. Is this a supplemental conveyancing fee set by Coventry BS?
Provided it is contained in their Terms and Conditions or estimate then yes your property lawyer may charge a fee for this. The fee is not dictated by Coventry BS but by your Edmonton solicitor. Some firms on the Coventry BS panel will quote ’dealing with mortgage’ fee and others do not.
I have todaydiscovered that Action Conveyancing have closed. They conducted my conveyancing in Edmonton for a purchase of a freehold house 18 months ago. How can I establish that the property is registered correctly in the name of the previous owner?
The easiest way to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Edmonton conveyancing specialists.
I opted to have a survey done on a house in Edmonton before instructing conveyancers. I have been told that there is a flying freehold element to the house. My surveyor has said that some mortgage companies will not grant a mortgage on this type of property.
It varies from the lender to lender. Lloyds has different instructions from Nationwide. Should you wish to call us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Edmonton. Conveyancing will be smoother if you use a solicitor in Edmonton especially if they regularly deal with such properties in Edmonton.
I've recently bought a leasehold flat in Edmonton. Am I liable to pay service charges relating to a period prior to completion of my purchase?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Having spent months of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Edmonton. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most certainly. We are happy to put you in touch with a Edmonton conveyancing firm who can help.
An example of a Vesting Order and Purchase of freehold case for a Edmonton residence is Ground Floor Flat 4A Baronet Road in February 2010. Following a vesting order by Edmonton County Court on 23rd December 2008 (case number 8ED064) the Tribunal decided that the price that the Applicant for the freehold interest should pay is £8,689.00 This case related to 2 flats. The unexpired term was 80.01 years.
Myself and my husband have recently had an offer accepted on a apartment and had an appointment on Tuesday with Nationwide for the mortgage. They have informed us that when it comes to appointing a solicitor that unless they are on their approved panel of property lawyers then we will have to pay out a further fee of about two hundred pounds. This is because they would then have to appoint a solicitor to act for them as well as the one we select for ourselves and we assume responsibility for their invoice. I have asked Nationwide to provide me with a list so I can seek estimates only from their approved lawyers but was told that I need to check with each individual lawyer to see if they are on the panel. What would be the best way of going about this?
Ask Nationwide what their panel criteria is for a conveyancer.Thereafter ask the property lawyer of your choice whether they fit that criteria and have they acted on loans for Nationwide before. Where the answer to those is yes, then just clarify this with Nationwide. Another option is to utilise our search facility and we should be able to identify a property lawyer in Edmonton on the approved list for Nationwide.