What is the first thing I need to know regarding purchase conveyancing in Highgate?
Not many law firms or advisers will tell you this but conveyancing in Highgate or throughout North London is an adversarial process. Put another way, when it comes to conveyancing there exists plenty of room for conflict between you and other parties involved in the legal transfer of property. For example, the vendor, estate agent and sometimes a mortgage company. Choosing a lawyer for your conveyancing in Highgate should not be taken lightly as your conveyancer is your adviser, and is the ONE person in the transaction whose interest is to act in your legal interests and to keep you safe.
We are witnessing a definite ongoing adversarial element to conveyancing- someone must be at fault for the process taking so long. We recommend that you your first instinct should be to trust your lawyer above the other players when it comes to the legal transfer of property.
4 months have gone by since my purchase conveyancing in Highgate concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the advice of my in-laws I had a survey completed on a house in Highgate prior to instructing conveyancers. I have been told that there is a flying freehold overhang to the property. The surveyor advised that some mortgage companies will not issue a mortgage on a flying freehold property.
It depends who your proposed lender is. Lloyds has different instructions from Halifax. If you contact us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Highgate. Conveyancing will be smoother if you use a solicitor in Highgate especially if they are accustomed to such properties in Highgate.
I'm converting the mortgage on my existing house to a BTL loan with Halifax and I will use the rest of the raised equity as a down payment on a second property. The area we are looking at is Highgate. Will your lawyers be able to act for the two banks and tie in the conveyances?
Do use our comparison tool on this page to check that the lawyers are approved by both mortgage companies. Having checked that they are the lawyer will be able to connect the two transactions but you should talk with you lawyer and specify your expectations and needs.
In my capacity as executor for the estate of my uncle I am disposing of a residence in Swansea but reside in Highgate. My lawyer (who is 260 kilometers awayrequires that I execute a statutory declaration ahead of completion. Can you recommend a conveyancing solicitor in Highgate to witness this legal document for me?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are Highgate based