Why would one use a Hendon conveyancing solicitors firm given that internet based alternatives are more affordable?
Its a good idea to scrutinise conveyancing costs in Hendon and you should seek a reasonable estimate but don’t be focused with hunting for the lowest priced Hendon conveyancer. Locating the right conveyancer can mark the difference between a smooth and a frustrating house move. You need to ensure that you have expert guidance from a trusted solicitor. An e-mail can never be as helpful as a phone call and are no substitute for a face to face appointment. The firms that we work with will appoint you a qualified and trusted conveyancing solicitor who can deal with your conveyancing from start to finish, providing a level of hand holding that you are unlikely to received from an internet conveyancer. Our lawyers will keep you updated as to any developments making sure that you are regularly updated. Should it ever be necessary to call the office you will be sure who to ask for and they will ensure you are in the know.
It is a dozen years since I bought my house in Hendon. Conveyancing lawyers have just been instructed on the sale but I can't track down my deeds. Will this cause complications?
You need not be too concerned. First there is a possibility that the deeds will be retained by the mortgage company or they could be in the possession of the solicitor who oversaw the purchase. Secondly in all probability the property will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors obtaining current official copies of the land registers. Nearly all conveyancing in Hendon involves registered property but in the unlikely event that your property is unregistered it is more of a problem but is resolvable.
How does conveyancing in Hendon differ for newly converted properties?
Most buyers of new build or newly converted property in Hendon contact us having been asked by the builder to exchange contracts and commit to the purchase even before the property is ready to move into. This is because developers in Hendon 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 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 accustomed to new build conveyancing in Hendon or who has acted in the same development.
I am looking for a flat up to £245,000 and identified one round the corner in Hendon I like with amenity areas and railway links nearby, however it only has 51 years on the lease. I can't really find anything else in Hendon in this price bracket, so just wondered if I would be making a mistake buying a short lease?
If you require a home loan that many years will likely be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of 2 years you could request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.
Hoping to buy a property located in Hendon and I am already nervous. I couldn't find anything specific about Hendon. Conveyancing will be needed in due course but do you know about the Hendon area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Hendon. In the meantime here are some basic statistics that we found
My wife and I purchased a leasehold house in Hendon. Conveyancing and Nationwide Building Society mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1997. The conveyancing solicitor in Hendon who previously acted has now retired. Do I pay?
First make enquiries of the Land Registry to make sure that this person is indeed the new freeholder. It is not necessary to incur the fees of a Hendon conveyancing solicitor to do this as it can be done on-line for £3. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
My wife and I have hit a brick wall in trying to purchase the freehold in Hendon. Can the Leasehold Valuation Tribunal adjudicate on premiums?
in cases where there is a missing landlord or if there is disagreement about the premium for a lease extension, under the relevant legislation you can apply to the First-tier Tribunal (Property Chamber) to assess the price payable.
An example of a Lease Extension matter before the tribunal for a Hendon residence 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 affected 1 flat. The unexpired term was 71 years.