My friend's step-father is a solicitor. I suspect that I will receive mate’s pricing for conveyancing, but if not, what level of fees should I be paying for conveyancing in Seven Sisters?
Do compare pricing. Do use our search tool on this page. Whilst prices may contrast greatly but the service one can expect differ between property lawyers as is true with most professions.
My wife and I are acquiring a brand new flat in Seven Sisters and my conveyancer is telling me that she has to the lender to reveal incentives from the developer. I am on a tight deadline to exchange contracts and I would rather not delay deal. Is my lawyer right?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Are all Seven Sisters Conveyancing Quality Solicitors on the Coventry BS conveyancing list of approved practices?
A selection of banks and building societies now use the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of conveyancing solicitors.
I recently had an offer agreed on a house in Seven Sisters. My mortgage broker pressured me to appoint their solicitor. I paid an on account payment of £150. Soon after, the lawyer called me to say that they were not on the Leeds Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Leeds Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
After shopping around on the internet I have found a Seven Sisters property lawyer having checked that they are on the Bank of Ireland conveyancing panel. Does my lawyer arrange the survey of the property?
Bank of Ireland will need an independent valuation of the property. Your lawyer will not arrange this. Usually Bank of Ireland will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Seven Sisters surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
My brother has suggested that I instruct his lawyers for conveyancing in Seven Sisters. Should I find my own property lawyer?
There are no two ways about it the best way to find a conveyancing solicitor is to have guidance from friends or family who have experience in using the firm you're are thinking of instructing.
I wish to rent out my leasehold apartment in Seven Sisters. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for their consent?
Your lease dictates relations between the freeholder and you the leaseholder; specifically, it will set out if subletting is prohibited, or permitted but only subject to certain caveats. The rule is that if the lease contains no expres ban or restriction, subletting is allowed. The majority of leases in Seven Sisters do not prevent strict prohibition on subletting – such a provision would adversely affect the market value the property. Instead, there is usually a basic requirement that the owner notifies the freeholder, possibly supplying a duplicate of the tenancy agreement.
After years of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Seven Sisters. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a absentee freeholder or where there is dispute about what the lease extension should cost, under the relevant legislation it is possible to make an application to the LVT to arrive at the sum to be paid.
An example of a Freehold Enfranchisement case for a Seven Sisters premises is 22 Wakefield Road in January 2012. Following a vesting order Clerkenwell and Shoreditch County Court under section 26 of the Leasehold Reform,Housing and Urban Development Act 1993 on 9th May 2011 the Tribunal decided that the price that the Applicant for the freehold interest should pay is £17,400 This case related to 2 flats. The remaining number of years on the lease was 74.13 years.
My fiance is buying a leasehold flat in Seven Sisters. He has received an estimate by the solicitor suggested by the estate agents totaling £1275 . It was eight years ago since I sold and bought a home and it cost was £450. Have charges really escalated to that extent?
What does the conveyancing estimate include? Is it just for the legal fees, or what you will be paying in total (for example Seven Sisters searches, land registry fees, etc)