As someone not used to the Southgate conveyancing process what’s your top tip you can impart for the legal transfer of property in Southgate
You may not hear this from too many lawyers but conveyancing in Southgate or throughout North London is an adversarial process. In other words, when it comes to conveyancing there is an abundance of room for confrontation between you and other parties involved in the legal transfer of property. For instance, the seller, selling agent and sometimes your lender. Appointing a solicitor for your conveyancing in Southgate should not be taken lightly as your conveyancer is your adviser, and is the SOLE person in the legal process whose role it is to act in your best interests and to keep you safe.
There is a distinct ongoing adversarial element to conveyancing- someone must be at fault for the process being so protracted. We recommend that you your first instinct should be to trust your lawyer above the other players when it comes to the legal transfer of property.
When it comes to mortgage companies such as Lloyds, do Southgate conveyancers face an annual charge to be on the list of approved solicitors?
We are not aware of any lender fees to register on their list of approved firms, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.
Two weeks ago we had a mortgage agreed in principle with Leeds Building Society. Southgate conveyancing solicitors are selected. How long does it take for Leeds Building Society to send the offer to the conveyancer?
Some lenders take longer than others. Have Leeds Building Society completed the valuation? Have you informed Leeds Building Society as to your lawyers' details and checked that your lawyers are on the Leeds Building Society conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
The formalities of my purchase has taken place for my property in Southgate. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. In most cases complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
My friend advised me that if I am buying in Southgate I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually included in the estimate for your Southgate conveyancing searches. It is a large report of about 40 pages, listing and detailing important information about Southgate around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Southgate Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Southgate Education with maps and statistics, Local Amenities and other useful data about Southgate.
Despite weeks of looking the Title Certificate and documents to my home can not be found. The conveyancers who did the conveyancing in Southgate 10 years ago are no longer around. What are my next steps?
Assuming you have a registered title the information relating to your ownership will be held by the Land Registry with a Title Number. It is possible to carry out a search at the Land Registry, identify your property and order current copies of the Registered Entries for less than a fiver. Where the property is Leasehold then the Land Registry will in most cases hold a certified duplicate of the Registered Lease and again, a copy can be obtained for £20 inclusive of VAT.
How does conveyancing in Southgate differ for new build properties?
Most buyers of new build residence in Southgate come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is finished. This is because house builders in Southgate usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Southgate or who has acted in the same development.
Taking into account that I will soon spend over three hundred thousand on 3 bedroom house in Southgate I wish to have a conversation with the solicitor about myhouse move prior to instructing the firm. Is this something that you can arrange?
We could not agree more - it is our preference to talk to you we do not take any clients on without you speaking to the solicitor due to be conducting your property ownership legalities in Southgate.There is no ‘factory style conveyancing’ - each client is unique individual, not a case number. The solicitors that we put you in touch with believe that the figure you are provided with for your conveyancing in Southgate should be the amount on the final invoice that you end up paying.