Me and my partner are soon to complete on the purchase of a property in New Barnet but as a consequence of damage from some water damage at the property I have was able negotiate reparation from the current proprietors of three thousand pounds taking the form of a deduction in the price. I had intended this to be addressed as part of the conveyancing process however Yorkshire BS will not permit this. Why were they informed?
Your conveyancer being on a Yorkshire BS conveyancing panel is obliged to inform Yorkshire BS of any changes to the sale price. If you were to refuse your property lawyer to notify the price change to Yorkshire BS then they would have to discontinue acting for you. In addition, Yorkshire BS and you would have to appoint a new property lawyer for your conveyancing in New Barnet.
We are buying a house and need a conveyancing solicitor in New Barnet who is on the TSB approved panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for TSB . We don't recommend any particular firms conducting conveyancing in New Barnet.
It has been 3 months following my purchase conveyancing in New Barnet completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Am I right to be wary about brokers that I am dealing with are encouraging me to use a national conveyancing firm rather than a High Street New Barnet conveyancing company?
As is the case with lots of service providers, often suggestions from connections can be very helpful. But there are many parties with a keen interest in a conveyancing transaction; estate agents, mortgage brokers and mortgage companies might all recommend lawyers to choose. Sometimes these lawyers might be known to one of the organisations as experts in their field, but sometimes there exists a financial incentive behind the recommendation. You have the right to choose your own lawyer. However, bear in mind that some mortgage providers have an approved list of conveyancers you have to use for the lender related work in your house move.
As co-executor for the will of my aunt I am disposing of a residence in Monmouth but live in New Barnet. My solicitor (who is 260 kilometers awayhas requested that I execute a statutory declaration before the transaction finalising. Could you suggest a conveyancing lawyer in New Barnet to attest and place their company stamp on the document?
strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are located in New Barnet
Due to complete next month on a ground floor flat in New Barnet. Conveyancing solicitors have said that they are sending me a report within the next couple of days. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in New Barnet should include some of the following:
if lease provides for a slush fund? Setting out your rights in relation to common areas in the building.By way of example, does the lease grant a right of way over a path or hallways? Where does the liability rest for repairing the window frames What options are available to the landlord where you breach a clause of your lease? Rent payments - what is payable and when is collected, and be on notice if this is subject to change
After years of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in New Barnet. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a missing landlord or where there is disagreement about the premium for a lease extension, under the relevant legislation you can apply to the Leasehold Valuation Tribunal to determine the price payable.
An example of a Lease Extension case for a New Barnet residence is Flat 2 2 Netherfield Road in April 2010. The Tribunale held that premium payable for a 90 year extension to the existing Lease should be £7,705. This case related to 1 flat. The unexpired lease term was 76 years.