When will exchange of contracts take place for domestic conveyancing in Highgate and do I need to attend the lawyers branch?
Where you are near to our conveyancing solicitors in Highgate you are welcome to attend to sign contracts. However, the firms we work with offer countrywide coverage for conveyancing and give just as detailed and professional a job for you when dealing with you digitally. The signing of the property agreement is not when everything is set in stone. A signed contract is just a prerequisite for the firm to address the formalities at the suitable time, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Highgate)to be in the office available at the end of the phone to exchange contracts.
I am purchasing a semi-detached house in Highgate. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Highgate 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 Highgate.
What can a local search reveal regarding the house I am buying in Highgate?
Highgate conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search company for example Onsearch The local search plays an important role in most Highgate conveyancing purchase; that is if you wish to avoid any unpleasant once you have moved into your property. The search will provide information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject sections.
The deeds to our property are lost. The lawyers who dealt with the conveyancing in Highgate 10 years ago have long since closed. Will I be able to sell the house?
As long as the title is registered the details of your ownership will be retained by the Land Registry with a Title Number. It is easy to carry out a search at the Land Registry, find your house and get current copies of the Registered Entries for a small fee. Where the property is Leasehold then the Land Registry will in most cases retain a certified copy of the Registered Lease and again, a copy can be retrieved for £20 inclusive of VAT.
Due to the guidance of my in-laws I had a survey completed on a property in Highgate in advance of appointing conveyancers. I have been told that there is a flying freehold overhang to the property. The surveyor advised that some banks may refuse to give a mortgage on a flying freehold premises.
It varies from the lender to lender. HSBC has different instructions for example to Birmingham Midshires. If you e-mail us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Highgate. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Highgate cover?
Highgate conveyancing for business premises covers a broad range of advice, given by regulated solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.