My friend's mother is a property lawyer. I suspect that I can be offered mate’s rates for conveyancing, However if that does not come through, what kind of figure should I be paying for conveyancing in Arnos Grove?

You should contrast pricing. Do use our comparison tool on this page. Whilst fees seem to vary but the service one can expect are distinct between solicitors as is true with the vast majority of professional services.

We are buying a newly constructed apartment in Arnos Grove and my solicitor is informing me that she is duty bound to the bank 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 playing by the book?

You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a bank 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.

I have been told that property searches are the number one reason for stalling in Arnos Grove conveyancing transactions. Is there any truth in this?

The Council of Property Search Organisations (CoPSO) published conclusions of a review by MoveWithUs that conveyancing searches do not feature within the most frequent causes of hindrances in the conveyancing process. Local searches are unlikely to be the root cause of delay in conveyancing in Arnos Grove.

Just had an offer accepted on a new build flat in Arnos Grove. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Arnos Grove

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Forfeiture - bankruptcy or liquidation must not apply under this provision. Please confirm the Lease plans are surveyor prepared. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?

Can you provide any top tips for leasehold conveyancing in Arnos Grove from the point of view of expediting the sale process?

• Much of the delay in leasehold conveyancing in Arnos Grove can be avoided if you instruct lawyers as soon as you market your property and request that they start to put together the leasehold information which will be required by the purchasers’ lawyers.
If you have had any disputes with your freeholder or managing agents it is essential that these are resolved before the property is marketed. The buyers and their solicitors will be reluctant to purchase a flat where a dispute is unresolved. You may have to bite the bullet and pay any arrears of service charge or settle the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the purchasers, but it is clearly preferable to present the dispute as over rather than unresolved. Many landlords or Management Companies in Arnos Grove levy fees for providing management packs for a leasehold home. You or your lawyers should discover the fee that they propose to charge. The management pack can be applied for as soon as you have a buyer, thus accelerating the process. The average time it takes to receive management information is three weeks. It is the most common reason for frustration in leasehold conveyancing in Arnos Grove. If you are supposed to have a share in the freehold, you should ensure that you are holding the original share certificate. Organising a new share certificate can be a time consuming formality and slows down many a Arnos Grove home move. If a new share certificate is needed, you should approach the company director and secretary or managing agents (if applicable) for this at the earliest opportunity.

I own a first flat in Arnos Grove. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the amount due for the purchase of the freehold?

Absolutely. We can put you in touch with a Arnos Grove conveyancing firm who can help.

An example of a Freehold Enfranchisement case for a Arnos Grove property is 23 Beaconsfield Road in July 2013. The Tribunals decided that the amount payable was £31,203 for the freehold. This case affected 2 flats. The unexpired term as at the valuation date was 70.31 years.