Should conveyancers ask for money up-front for conveyancing in Haringey?
Where you are retaining lawyers for conveyancing in Haringey your lawyer will ask you to provide them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any deposit is payable against the sale price then this should be required immediately before exchange of contracts. The closing balance that is needed should be sent to your lawyer shortly before completion.
I purchased a semi-detached Edwardian house in Haringey. Conveyancing lawyer acted for me and Barclays Direct. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold under the matching property. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Haringey and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with your conveyancing practitioner who conducted the conveyancing.
How simple is it to use the search app to choose a conveyancing solicitor in Haringey on the authorised to act for my mortgage?
Step one is to select a bank such as Santander, The Mortgage Works or Aldermore then type in your preferred area such as Haringey. Conveyancing firms in Haringey and further afield should be identified.
Can you offer any advice when it comes to choosing a Haringey conveyancing practice to carry out our lease extension conveyancing?
When appointing a conveyancer for your lease extension (regardless if they are a Haringey conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of work. We recommend that you talk with two or three firms including non Haringey conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be helpful:
-
Can they put you in touch with clients in Haringey who can give a testimonial?
I inherited a ground-floor 1950’s flat in Haringey. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the premium due for the purchase of the freehold?
Absolutely. We can put you in touch with a Haringey conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Haringey property is 16 Langham Close in June 2009. The Tribunal determined that the premium to be paid by the Applicant to the Respondent for the grant of a new lease was £45,672. This case was in relation to 1 flat. The unexpired residue of the current lease was 25.4 years.
When it comes to my conveyancing in Haringey should I be charged VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Haringey conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the solicitor's time in submitting the funds this way.