Would the conveyancing practitioners that are recommend carry out auction conveyancing in Wood Green?
We know of a few auction solicitors we can put you in touch with those conducting auction conveyancing. Wood Green is just one of hundreds of areas of where our lawyers have offices.
At what point will exchange of contracts take place for sale conveyancing in Wood Green and do I need to attend the conveyancers office?
If you are near to our conveyancing solicitors in Wood Green you are invited in to sign contracts. That being said, the law practices we work with offer a countrywide conveyancing service and provide just as detailed and professional a job for you when dealing with you by post or email. The executing of the sale agreement is not the point of no return. A signed contract is necessary for the conveyancer to exchange contracts when the time is right, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Wood Green)to be in the office available at the end of the phone to exchange contracts.
I have been referred to a conveyancing solicitor in Wood Green. I need to find out whether they are on the Alliance & Leicester approved list of lawyers. Could you advise?
The first thing you should do is contact your solicitor and ask them whether they are on the lender panel. Otherwise you can call Alliance & Leicester who may be able to confirm.
I completed on my flat on 9 April and the transaction details are still not on the land registry website. Any reason for this? My conveyancing solicitor in Wood Green advises it would be registered in less than a month. Are properties in Wood Green uniquely lengthy to register?
There is nothing unique about conveyancing in Wood Green registration formalities. Rather than based on location, timescales can differ subject to the party submitting the application, whether it is in order and whether the Land registry need to notify any other parties. As of today in the region of 80% of such applications are completed in less than three weeks but occasionally there can be protracted hold-ups. Registration takes place once the new owner has moved in to the property so post completion formalities is not always primary concern but if it is urgent that the the registration takes place urgently then you or your solicitor can contact the land registry and explain the circumstances.
I am buying my first flat in Wood Green with the aid of help to buy. The builders refused to reduce the amount so I negotiated five thousand pounds worth of extras instead. The estate agent suggested that I not disclose to my lawyer about the extras as it could impact my loan with Bank of Scotland. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Wood Green is the location of the property. What do you suggest?
Flying freeholds in Wood Green are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Wood Green you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wood Green 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 premises.