Find a Lender-Approved Local Conveyancer in North Finchley

I had a mortgage agreed in principle with Virgin Money. North Finchley conveyancing solicitors were appointed. How long does it take for Virgin Money to issue the offer to the solicitor?

There is no definitive answer here. Have Virgin Money conducted the survey? Have you advised Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.

I have paid off my mortgage with Skipton. I assume I don't need a North Finchley conveyancer on the Skipton panel to discharge the mortgage at the Land Registry. Please confirm.

If you have finished paying off your Skipton 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 Skipton mortgage from the register. Skipton, 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:

1. but are not moving to another property
2. where Skipton has sent the Land Registry the discharge electronically, and
3. Skipton has instructed the Land Registry to do so

The Land Registry will send you a letter confirming that your Skipton mortgage has been paid off.

I am currently in the process of buying my council flat in North Finchley. I have a mortgage agreed with Skipton. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?

It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Skipton, you will need to appoint a solicitor on the Skipton conveyancing panel.

Just bought a semi-detached house in North Finchley , What is the estimated time for the Land Registry to record the transfer to my name? My North Finchley conveyancing solicitor has been very slow, so I want to be sure the registration formalities are addressed.

There is nothing unique when it comes to conveyancing in North Finchley registration formalities. As opposed to being determined by geographic area, timeframes can differ depending on who lodges the application, whether there are errors and whether the Land registry communicate with any interested parties. Currently roughly three quarters of such applications are completed in less than three weeks but occasionally there can be protracted delays. Registration takes place after the new owner is living at the premises thus post completion formalities is not always primary concern yet if there is a degree of urgency associated with the registration then you or your solicitor must contact the land registry and explain the circumstances.

I'm buying a new build house in North Finchley with the aid of help to buy. The developers refused to reduce the price so I negotiated five thousand pounds worth of additionals instead. The sale representative advised me not to tell my lawyer about the deal as it will put at risk my loan with the bank. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

What makes your site different to alternative web based conveyancing brokers when it comes to conveyancing in North Finchley?

At this site obtain a fixed fee quote via a Solicitor or Licensed Conveyancer that understands the issues for your conveyancing in North Finchley. As opposed to estate agents and brokerage sites we do not operate referral arrangements with solicitors. A large number of agents and online brokers 'recommend' the firm that pays the highest kickback, as opposed to the best value conveyancing in North Finchley

My husband and I are FTB’s - agreed a price, but the agent informed us that the seller will only go ahead if we appoint their recommended solicitors as they need a ‘quick sale’. My instinct tells me that we should use a high street solicitor accustomed to conveyancing in North Finchley

It is unlikely the sellers are driving this. If they desire ‘a quick sale', turning down a serious purchaser is is going to put the whole deal at risk. Avoid the agents and go straight to the owners and make sure they comprehend that (a)you are keen to buy (b)you are ready to go, with finances arranged © you are chain free (d) you wish to move quickly (e)however you intend to appoint your own,trusted North Finchley conveyancing lawyers - not the ones that will provide the negotiator at the agency a referral fee or hit his conveyancing targets demanded by senior management.

All being well we will complete the sale of our £250,000 garden flat in North Finchley next Thursday. The managing agents has quoted £420 for Landlord’s certificate, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge an administration fee for a flat conveyance in North Finchley?

North Finchley conveyancing on leasehold flats usually results in administration charges levied by managing agents :

Answering pre-exchange questions Where consent is required before sale in North Finchley Supplying insurance information Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale

Your solicitor will have no control over the level of the charges for this information but the average costs for the information for North Finchley leasehold premises is £350. For North Finchley conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are obliged to provide answers.

I have tried to negotiate informally with with my landlord to extend my lease without getting anywhere. Can one apply to the Leasehold Valuation Tribunal? Can you recommend a North Finchley conveyancing firm to help?

Most certainly. We are happy to put you in touch with a North Finchley conveyancing firm who can help.

An example of a Lease Extension case for a North Finchley flat 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 affected 1 flat. The unexpired residue of the current lease was 76 years.