My friend's step-father is a property lawyer. I anticipate that I can be offered preferential pricing for conveyancing, However if that does not come through, what kind of fees would I typically be looking at for conveyancing in Hendon?
It’s wise to obtain multiple conveyancing estimates. Do use our comparison tool on this site. You will notice that amounts do contrast greatly but the service one can expect are distinct between law firms as is true with the vast majority of professional services.
I have given 8 weeks notice to my current landlord and have to leave my rented apartment in Hendon by the end of next month. Conveyancing on my purchase is underway. How realistic is it to complete in 5 weeks as don't want to have to move into temporary accommodation?
It is unwise to provide notice on a rental unless exchange of contracts has taken place. If you have not already done so, speak to your lawyer and ask them to they chase the sellers side, try to an agreed time frame that everyone will look towards
Why do I have to pay up front for conveyancing in Hendon?
If you are buying a property in Hendon your solicitor will request that you place them with monies to cover the search fees. Generally this is called for to cover the fees of the Local Authority Search. When the down payment is payable against the total price then this will be needed immediately ahead of exchange of contracts. The final balance that is needed should be sent to your lawyer a few days ahead of the day of completion.
Are all Hendon Conveyancing Quality Solicitors on the Clydesdale conveyancing panel?
It is true that some banks and building societies now make use of CQS as the starting point for Panel approval such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their approved list of conveyancing solicitors.
I have today made my last payment due on my mortgage with Co-operative. I assume I don't need a Hendon solicitor on the Co-operative panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Co-operative mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Co-operative mortgage from the register. Co-operative, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Co-operative has sent the Land Registry the discharge electronically, and
- Co-operative has instructed the Land Registry to do so
Our offer on a property in Hendon has been accepted, the owners do however have a dependent purchase. The sellers have put an offer on on an apartment, but it’s not yet agreed to, and are looking at other properties in the pipeline. I have selected a local conveyancing solicitor in Hendon. What do I do now? At what point should I apply for the mortgage with Co-operative?
It is normal to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is in the region of one thousand pounds, then survey, Hendon conveyancing search fees, etc). The first thing to do is check that your conveyancer is on the Co-operative approved list. Concerning the subsequent stages this very much depends on the specifics of your transaction, desire for this property and on the state of the market. In a hot market the majority of purchasers would apply for a home loan with Co-operative and arrange for the valuation and only if it comes back ok would they pay their conveyancing practitioner to press on with the conveyancing in Hendon.
I have been recommended by numerous selling agents in Hendon to select a property lawyer using your seach tool. Is there a financial incentive for Estate Agents to promote your lawyers over and above a competitor’s?
We refuse to give any referral fee for sending work our way. We found it would be just too difficult to pay a commission as a client could think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
Expecting to exchange soon on a studio apartment in Hendon. Conveyancing solicitors assured me that they report fully next week. What should I be looking out for?
The report on title for your leasehold conveyancing in Hendon should include some of the following:
What you can do if a neighbour is in violation of a provision in their lease? Whether the landlord has obligations to ensure rights of quiet enjoyment over your property and do you know what it means in practice? You should be sent a copy of the lease The landlord’s rights to access the property. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. Setting out your legal entitlements in relation to common areas in the building.For instance, does the lease provide for a right of way over an accessway or hallways?
I am the leaseholder of a garden flat in Hendon. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the sum due for a lease extension?
if there is a missing freeholder or where there is disagreement about the premium for a lease extension, under the relevant legislation it is possible to make an application to the Leasehold Valuation Tribunal to calculate the price.
An example of a Lease Extension case for a Hendon premises is First Floor Flat 61 Wilberforce Road in March 2014. The premium payable was £10,130 and the case was remitted back to the Willesden County Court to effect the Vesting Order (Claim No 3W103100). This case was in relation to 1 flat. The remaining number of years on the lease was 71 years.