We're in Haringey, First timers buying with a mortgage (lender is Virgin Money , and our lawyer is on the Virgin Money conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Virgin Money 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.
I am buying a house and the lawyer has identified Chancel Repair to which the house could be obligated to contribute to given it’s proximity to the area of such a church. He has suggested insurance. Is this strictly warranted for conveyancing in Haringey
Unless a prior purchase of the house took place post 12 October 2013 you may expect lawyers delivering conveyancing in Haringey to continue to recommend a chancel search and or chancel repair liability insurance.
Despite weeks of looking the Title Certificate and documents to my property are lost. The lawyers who handled the conveyancing in Haringey 5 years ago no longer exist. Will I be able to sell the house?
Nowadays there are duplicates made of almost everything, and your conveyancer will be aware exactly where to look for all the relevant documentation so you may buy or dispose of your house without a hitch. Where duplicates can’t be located, your conveyancer can put in place insurance or indemnities protecting you against possible claims on the premises.
How does conveyancing in Haringey differ for new build properties?
Most buyers of new build premises in Haringey contact us having been asked by the seller to sign contracts and commit to the purchase even before the house is constructed. This is because house builders in Haringey usually acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Haringey or who has acted in the same development.
I decided to have a survey done on a property in Haringey ahead of appointing lawyers. I have been advised that there is a flying freehold element to the house. The surveyor advised that some mortgage companies tend refuse to give a loan on a flying freehold home.
It depends who your proposed lender is. Santander has different instructions for example to Birmingham Midshires. Should you wish to call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Haringey. Conveyancing may be slightly more expensive based on your lender's requirements.
Given that I am about to spend over three hundred thousand on a garden flat in Haringey I would like to have a conversation with the solicitor about mytransaction in advance of appointing the firm. Is this something that you can arrange?
This is something that we recommend - we would be delighted to talk to you we do not take any clients on without you first talking to the lawyer who will be doing your property ownership legalities in Haringey.There is no ‘factory style conveyancing’ - each client is unique person, not a file reference. The law firms that we put you in touch with believe that the figure you are calculated and presented to you for your conveyancing in Haringey should be the figure that you end up paying.