Me and my partner are acquiring our first home. Our solicitor has texted usto check if we would like to purchase supplemental conveyancing searches. We are really unsure what's appropriate for conveyancing in Finsbury Park
The number and type of Finsbury Park conveyancing searches should be dictated entirely on the property, the location, the probability of any of these risks, your familiarity of the locality and risks, your general attitude to risk. What is important is that you adequately understand what information the searches could provide. Then you can make a decision if you personally think you need that information. If unsure, ask your lawyer to advise.
We note that you have a search directory listing law firms on the Nottingham conveyancing panel. Do firms pay you a referral fee if I retain them for our conveyancing in Finsbury Park?
We are a listing service only for law firms wishing to communicate if they are on the Nottingham conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Finsbury Park.
Is it correct that all Finsbury Park CQS (Conveyancing Quality Scheme) solicitors are on the Yorkshire BS conveyancing list of approved firms?
Some major banks and building societies now use the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of conveyancing solicitors.
We previously chose conveyancing lawyers with offices in Finsbury Park on the Yorkshire BS solicitor panel. They are now charging me an additional charge for handling the Yorkshire BS mortgage. Is this an additional conveyancing fee set by Yorkshire BS?
As unfair as it may appear, as long as it’s in their Terms of Engagement or Quote then yes your conveyancing practitioner may charge a fee for this. The fee is not dictated by Yorkshire BS but by your Finsbury Park conveyancing practitioner. Numerous firms on the Yorkshire BS panel will levy an ‘acting for lender’ fee and others do not.
We expect to receive a AIP from Kent Reliance this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Kent Reliance recommend any Finsbury Park solicitors on the Kent Reliance conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Finsbury Park solicitors independently although you'll need to choose one on the Kent Reliance conveyancing panel. The solicitor represents both you and Kent Reliance through the process.
I own a renovated Victorian property in Finsbury Park. Conveyancing lawyer represented me and Barclays . I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, another for leasehold under the matching property. Is it worth asking Barclays to clarify?
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Finsbury Park and other areas of 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 mortgage companies. You can also question the situation with your conveyancing lawyer who completed the work.
In my capacity as executor for the estate of my father I am disposing of a house in Neath but reside in Finsbury Park. My solicitor (approximately 260 miles awayneeds me to execute a stat dec ahead of the transaction finalising. Could you suggest a conveyancing practitioner in Finsbury Park who can witness and place their company stamp on the document?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will suffice regardless of whether they are based in Finsbury Park
All being well we will complete the disposal of our £350,000 flat in Finsbury Park on Thursday in a week. The landlords agents has quoted £384 for Landlord’s certificate, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge such fees for a flat conveyance in Finsbury Park?
Finsbury Park conveyancing on leasehold apartments normally necessitates administration charges raised by managing agents :
Answering pre-contract enquiries
Where consent is required before sale in Finsbury Park
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I have given up negotiating a lease extension in Finsbury Park. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Absolutely. We are happy to put you in touch with a Finsbury Park conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Finsbury Park flat is 51 Lorne Road in November 2009. The price Payable as decided by the tribunal for the freehold reversion was £27,000. The valuation follows the order of the County Court made on 3 April 2008 granting a vesting order. This case was in relation to 1 flat. The unexpired residue of the current lease was 71 years.