Do I need to take out insurance to address the risk of chancel repairs when buying a residence in North London?
Unless a previous acquisition of the property completed post 12 October 2013 you can expect solicitors handling conveyancing in North London to remain recommending a chancel search and or insurance against a claim.
It has been 3 months since my purchase conveyancing in North London took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £170,000. 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 premises 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.
Just had an offer accepted on a new build flat in North London. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in North London
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply a car parking plan. There must be mutual enforceability of lessee’s covenants. Forfeiture - bankruptcy or liquidation must not apply under this provision.
I was pointed in your direction by a few estate agents in North London to select a solicitor using your seach tool. Is there a financial incentive for Estate Agents to offer your lawyers ahead of a competitor’s?
We don’t offer any referral fee for directing people in our direction. We thought it would be too underhand to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
I am 17 days into a leasehold purchase having been recommend to solicitors by the high street agent to carry out the conveyancing in North London. I am not happy. Can you help me find new conveyancers?
A lawyer would need to be really bad to suggest changing them. Has your mortgage been generated? If so you will need to make them aware of the new contact details and ensure the loan are re-issued. Your conveyancer should be on the lenders panel to avoid added charges and frustration. That should be your first question of the new solicitors. Our find a solicitor tool will assist you in finding a bank approved conveyancer for your conveyancing in North London
A conveyancing firm handled my conveyancing in North London half a dozen years ago and was holding my registration certificates but has now closed – how do I retreive these?
Deeds, as such, no longer exist as most properties in North London are archived digitally at Land Registry. If you need to prove ownership or are selling or re-mortgaging your property lawyer will need to obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned as quickly as possible.