Would the conveyancing lawyers identified via your search tool handle auction conveyancing in Wood Green?
We know of a number of niche practitioners we can connect you with those specialising in auction conveyancing. Wood Green is one of hundreds of locations where our lawyers have a presence.
Why do I have to pay up front for my conveyancing in Wood Green?
If you are buying a property in Wood Green your lawyer will ask you to provide them with funds to cover the search fees. This will be the total of the cost of the Local Authority Search. When the deposit is as part of the sale price then this should be needed shortly in advance of exchange of contracts. The final balance that is due should be transferred shortly before completion.
I am assisting my aunt sell her property in Wood Green. Does the conveyancing solicitor arrange the energy performance certificate or it is for me to coordinate?
After the demise of HIPs, energy performance certificates was kept a mandatory component of moving house. An energy assessment should be commissioned in advance of the property being advertised. It is not something that solicitors ordinarily arrange. Where you are using a Wood Green conveyancing practitioner they might help arrange EPC’s given their relationships with long established Wood Green accredited person
We previously appointed conveyancing lawyers with offices in Wood Green on the TSB solicitor approved list. They are now charging me a further sum for handling the TSB mortgage. Is this a supplemental conveyancing fee specified by TSB?
As unfair as it may seem, as long as it’s in their Terms and Conditions or estimate then yes your solicitor is entitled to charge a fee for this. This fee is not set by TSB but by your Wood Green conveyancer. Numerous firms on the TSB panel will levy ’dealing with mortgage’ fee but plenty of practices include it on their overall fee.
I was told two weeks ago that my mortgage has been agreed to by UBS. Is it usual for UBS to only issue the offer once my solicitor in Wood Green is approved on their conveyancing panel? UBS have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for UBS to deal with your lawyer's application to be on the UBS conveyancing panel. There's no guarantee that your solicitor will be accepted.
Do I need to pay for insurance to protect me from financial exposure to chancel repairs when purchasing a residence in Wood Green?
Unless a previous acquisition of the premises completed post 12 October 2013 you can expect lawyers delivering conveyancing in Wood Green to continue to advocate a chancel search and or chancel repair liability policy.
I was pointed in your direction by a few property agents in Wood Green to find a conveyancer on your site. Is there a financial inducement for Estate Agents to offer your site ahead of alternative conveyancing organisations?
We don’t offer any commission for sending work to this site. We found it would be just too difficult a fee because members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I am a negotiator for a long established estate agency in Wood Green where we have experienced a few leasehold sales derailed as a result of leases having less than 80 years remaining. I have been given inconsistent advice from local Wood Green conveyancing firms. Can you clarify whether the vendor of a flat can instigate the lease extension formalities for the buyer?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
Following months of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Wood Green. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Absolutely. We are happy to put you in touch with a Wood Green conveyancing firm who can help.
An example of a Lease Extension decision for a Wood Green flat is First Floor Flat 109 Lyndhurst Road in May 2010. Following a vesting order by Edmonton County Court on 29th October 2009 the Tribunal decided on a figure of £5,012 for a lease extension. This case related to 1 flat. The unexpired lease term was 81.79 years.