My friend's step-father is a conveyancing practitioner. I hope that I can be offered mate’s rates for conveyancing, but if not, what kind of fees should I be paying for conveyancing in Enfield Highway?
It’s wise to get multiple conveyancing estimates. Make use of our comparison tool on this site. The charges will be different but service levels do differ between conveyancers as is true with most professions.
IfI was to buy a simple residential homein Enfield Highway for cash and have no survey and no local authority searches how much could I expect to have to pay for conveyancing in Enfield Highway?
Any savings you would gain would be isolated to the costs for searches. The conveyancer is required to do the vast majority of work - money laundering, communicating with the sellers conveyancer, SDLT submission, register the title etc. You might save a bit for them not needing to register a charge but it will not be meaningful.
We're in Enfield Highway, FTBs purchasing with a mortgage (lender is Leeds Building Society , and our solicitor is on the Leeds Building Society conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Leeds Building Society conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in a fortnight ago in what was supposed to be a simple, chain free conveyancing. Enfield Highway is the location of the property. Can you shed any light on this issue?
Flying freeholds in Enfield Highway are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Enfield Highway you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Enfield Highway may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
All being well we will complete the disposal of our £275,000 maisonette in Enfield Highway next week. The landlords agents has quoted £300 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Enfield Highway?
For the majority of leasehold sales in Enfield Highway conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
-
Addressing conveyancing due diligence questions
Where consent is required before sale in Enfield Highway
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
My wife and I have hit a brick wall in trying to purchase the freehold in Enfield Highway. Can this matter be resolved via the Leasehold Valuation Tribunal?
You certainly can. We can put you in touch with a Enfield Highway conveyancing firm who can help.
An example of a Vesting Order and Purchase of freehold case for a Enfield Highway flat 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 was in relation to 2 flats. The unexpired term as at the valuation date was 80.01 years.
Myself and my fiance have just had an offer agreed on a flat and had an appointment on Wednesday with Nationwide for the mortgage. They warned me that when it comes to choosing a conveyancing practitioner that if they are not on their approved list of conveyancing practitioners then we will incur an additional charge of about two hundred pounds. This is is due to the fact that they will then have to instruct a property lawyer to act for them in addition to the one we select on our behalf and we assume responsibility for their fees. I have asked Nationwide to supply me with a list so I can obtain estimates only from their approved lawyers but was told they dont have such a list to hand over. Is there a simple way of finding out who is on a lender panel?
Ask Nationwide what their panel criteria is for a conveyancer.Thereafter ask the conveyancing practitioner of your choice whether they fit that criteria and have they acted on mortgages for Nationwide in the past. If the answer to those is yes, then just double check with Nationwide. Another option is to make use of our search facility and we may be able to identify a conveyancing practitioner in Enfield Highway on the panel for Nationwide.