We are planning to acquire a flat and need a conveyancing solicitor in Friern Barnet who is on the RBS conveyancing panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for RBS . We don't recommend any particular firms conducting conveyancing in Friern Barnet.
We're in Friern Barnet, First timers buying with a mortgage (lender is Aldermore , and our lawyer is on the Aldermore conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Aldermore conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I decided to have a survey completed on a house in Friern Barnet before retaining conveyancers. I have been informed that there is a flying freehold overhang to the house. My surveyor has said that some mortgage companies tend not give a loan on this type of house.
It varies from the lender to lender. HSBC has different requirements from Nationwide. Should you wish to telephone us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Friern Barnet. Conveyancing may be slightly more expensive based on your lender's requirements.
Should I instruct a Friern Barnet conveyancing lawyer in close proximity to the house I am purchasing? We have a good friend who can handle the conveyancing however his firm is located 300miles drive away.
The primary upside of using a high street Friern Barnet conveyancing firm is that you can visit the firm to execute paperwork, hand in your identification documents and apply pressure on them if necessary. Having local Friern Barnet know how is a plus. However it's more important to get someone that will do a good and efficient job. If you know people who used your friend and on the whole were happy that should outweigh using an unknown Friern Barnet conveyancing lawyer solely due to them being round the corner.
I am looking at a two maisonettes in Friern Barnet both have in the region of forty five years left on the leases. should I be concerned?
There are plenty of short leases in Friern Barnet. The lease is a legal document that entitles you to use the premises for a prescribed time frame. As the lease shortens the value of the lease reduces and it becomes more expensive to extend the lease. This is why it is advisable to increase the term of the lease. It is often difficulties arise selling premises with a short lease because mortgage companies less inclined to grant a loan on such properties. Lease extension can be a difficult process. We advise that you seek professional help from a solicitor and surveyor with experience in this field.
I have attempted and failed to negotiate with my landlord to extend my lease without success. Can a leaseholder make an application to the Leasehold Valuation Tribunal? Can you recommend a Friern Barnet conveyancing firm to act on my behalf?
Where there is a missing landlord or if there is dispute about the premium for a lease extension, under the relevant legislation it is possible to make an application to the First-tier Tribunal (Property Chamber) to determine the price.
An example of a Lease Extension matter before the tribunal for a Friern Barnet premises is 34 Poplar Grove in June 2013. The Tribunal directed that the premium for the lease extension should be in the sum of £10,250. This case related to 1 flat.