I plan on acquiring an apartment in New Barnet. My property lawyer is not on the mortgage company approved list. Can I still use my New Barnet conveyancing solicitor even though they are excluded from the lender panel of approved conveyancing solicitors?
You have a couple of alternatives available to you here
- Proceed with your chosen New Barnet conveyancing practitioner but your lender will need to use a property lawyer on their approved list. This will result in additional fees together with potential interruption.
- Appoint a fresh conveyancing practitioner to conduct the conveyancing, making sure they are on the mortgage company conveyancing panel.
- Convince your property lawyer to pull out all the stops to join the mortgage company panel of solicitors
As someone not used to the New Barnet conveyancing process what’s the number one tip you can give me for the home moving process in New Barnet
Not many law firms shout this from the rooftops but conveyancing in New Barnet or throughout England and Wales is an adversarial process. In other words, when it comes to conveyancing there exists plenty of opportunity for conflict between you and others involved in the legal transfer of property. E.g., the vendor, property agent and sometimes your bank. Appointing a law firm for your conveyancing in New Barnet should not be taken lightly as your conveyancer is your adviser, and is the ONE person in the process whose interest is to look after your legal interests and to protect you.
We are witnessing a worrying emergence in the "blame" culture- someone must be at fault for the process taking so long. We recommend that you your first instinct should be to trust your lawyer above all other parties in the home moving process.
It has been 3 months following my purchase conveyancing in New Barnet completed. I have checked the Land Registry site 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.
About to purchase a new build apartment in New Barnet. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in New Barnet
Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please supply a car parking plan. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Yesterday I discovered that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a simple, no chain conveyancing. New Barnet is where the house is located. Can you shed any light on this issue?
Flying freeholds in New Barnet are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside New Barnet you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in New Barnet may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
How can the Landlord & Tenant Act 1954 affect my commercial offices in New Barnet and how can you help?
The 1954 Act affords protection to business lessees, giving them the a statutory right to make a request to court for a new tenancy and remain in occupation when the lease reaches an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and help with commercial conveyancing in New Barnet