Despite weeks of looking the Title Certificate and documents to my property are lost. The solicitors who conducted the conveyancing in Harringay 5 years ago are no longer around. What do I do?
As long as you have a registered title the information relating to your ownership will be documented by the Land Registry with a Title Number. It is easy to perform a search at the Land Registry, find your house and obtain up to date copies of the property title for less than a fiver. If the property is Leasehold then the Land Registry will in most cases retain a certified duplicate of the Registered Lease and again, a copy can be retrieved for a small fee.
How does conveyancing in Harringay differ for new build properties?
Most buyers of new build or newly converted property in Harringay contact us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is finished. This is because builders in Harringay typically acquire the site, 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 conveyancers 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 Harringay or who has acted in the same development.
I opted to have a survey carried out on a property in Harringay ahead of appointing lawyers. I have been advised that there is a flying freehold aspect to the house. The surveyor advised that some mortgage companies will not grant a loan on a flying freehold home.
It varies from the lender to lender. Lloyds has different requirements from Birmingham Midshires. Should you wish to call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Harringay. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Harringay to see if the conveyancing costs will increase in light of this.
My cousin has suggested that I instruct his conveyancers in Harringay. Should I choose my own conveyancer?
Much as we are happy to recommend a Harringay conveyancing lawyer the best way to find a conveyancing practitioner is to have guidance from friends or relatives who have used the firm that you are are thinking of instructing.
I've found a house that appears to meet my requirements, at a reasonable figure which is making it all the more appealing. I have since been informed that it's a leasehold as opposed to freehold. I am assuming that there are issues purchasing a leasehold house in Harringay. Conveyancing lawyers have not yet been appointed. Will they explain the issues?
Most houses in Harringay are freehold rather than leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. It is clear that you are purchasing in Harringay so you should seriously consider looking for a Harringay conveyancing solicitor and be sure that they have experience in dealing with leasehold houses. First you will need to check the unexpired lease term. Being a tenant you will not be entirely free to do whatever you want to the property. The lease will likely included provisions such as obtaining the freeholder’spermission to conduct alterations. It may be necessary to pay a service charge towards the upkeep of the communal areas where the house is part of an estate. Your lawyer will appraise you on the various issues.
I have attempted and failed to negotiate with my landlord to extend my lease without success. Can one make an application to the Leasehold Valuation Tribunal? Can you recommend a Harringay conveyancing firm to assist?
Absolutely. We are happy to put you in touch with a Harringay conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Harringay flat is 37 St. Margarets Avenue in January 2010. Following a vesting order by Edmonton County Court on 8th November 2008 the Tribunal decided that the price that the Applicant for the freehold interest should pay is £20,543 This case related to 2 flats. The unexpired term was 74.75 years.
The property lawyers conducting our conveyancing in Harringay has forwarded papers to review that indicate that the land is unregistered with epitome documents. Surely all property in Harringay should be registered?
Much of the property in Harringay is registered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Many Harringay conveyancing practitioners should be capable of dealing with this type of conveyancing but if any uncertainty reigns the usual proposition presently is for the current owners to register it first and subsequently sell - this will have a knock on effect to result in a significant delay.