I am purchasing a new build flat in Friern Barnet. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Friern Barnet you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Friern Barnet.
Forgive me if this question is silly but I am unseasoned as FTB of a garden flat in Friern Barnet. Do I collect the keys to the premises on the completion date from my lawyer? If so, I will use a High Street conveyancing solicitor in Friern Barnet?
On the day of completion you will not be required to go to the conveyancers office in Friern Barnet. Conveyancing lawyers for you will electronically transfer the purchase money to the owner’s solicitors, and shortly after the monies have arrived, you will be invited to receive the keys from the property Agents and start moving into the property. Usually this occurs between 1 and 3pm.
Two weeks ago we had a mortgage agreed in principle with Aldermore. Friern Barnet conveyancing practitioners are selected. How long does it take for Aldermore to forward the offer to the conveyancing practitioner?
Some lenders take longer than others. Have Aldermore completed the survey? Have you informed Aldermore as to your lawyers' details and checked that your lawyers are on the Aldermore conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I was told two weeks ago that my mortgage has been agreed to by Nottingham. Is it usual for Nottingham to only issue the offer once my solicitor in Friern Barnet is approved on their conveyancing panel? Nottingham have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Nottingham to deal with your lawyer's application to be on the Nottingham conveyancing panel. There's no guarantee that your solicitor will be accepted.
Will commercial conveyancing searches disclose impending roadworks that could impact a commercial land in Friern Barnet?
Its becoming the norm that commercial conveyancing solicitors in Friern Barnet will order a SiteSolutions Highways report as it reduces the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Friern Barnet. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Friern Barnet.
For each commercial conveyancing transaction in Friern Barnet it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may cause delays to Friern Barnet commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not carried out for residential conveyancing in Friern Barnet.
How does the Landlord & Tenant Act 1954 affect my business property in Friern Barnet and how can you help?
The 1954 Act provides a safeguard to business tenants, granting the a statutory right to apply to court for a continuation of occupancy at the end of an expired lease. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing firms who use the act for protection and assist with commercial conveyancing in Friern Barnet
My partner has recommend that I use his lawyers for conveyancing in Friern Barnet. Should I find my own solicitor?
There are no two ways about it the best way to choose a conveyancing solicitor is to have guidance from friends or family who have actually experience in using the firm that you are are thinking of instructing.
We are soon to acquiring a house in Friern Barnet. Conveyancing is not complete but we would like have the amount we are are buying for confidential from sites such as Nestoria. How do I make sure this is not noted?
The Land Registry are legally required to reveal price paid information on a register of the title for residential properties countrywide including homes in Friern Barnet. The Title Register is a public document, so HMLR would be breaking the law if they failed to allow access to the register.
You can ask HMLR to withhold the price paid entry but the response would be in the negative.