My partner and I are intent on buying a leasehold flat in Muswell Hill. My Solicitor has never been on on the mortgage company approved list. Can I still appoint my Muswell Hill conveyancing solicitor notwithstanding that they are excluded from the bank panel?

You have a number of options available to you here

• Complete the purchase with your preferred Muswell Hill lawyer but your bank will no doubt use a property lawyer from their conveyancing panel. The net result is additional charges together with potential interruption.
• Appoint a new property lawyer to act in the purchase, making sure they are on the lender conveyancing panel.
• Convince your conveyancer to do everything within their powers to join the bank’s panel of solicitors

The vendors of the house we are looking to purchase have instructed a conveyancing solicitor in Muswell Hill who has insisted on a preliminary contract with a deposit 6,000. Are such contracts promoted for Muswell Hill conveyancing transactions?

Lock out contracts are contracts between a property seller and purchaser granting the buyer exclusive rights to the sale of the property within a prescribed time frame. Essentially, a lock out agreement is a contract stating that you will be issued with a contract at a later date being the main conveyancing contract. It is generally used for buyer confidence though in some cases, the proprietor may enjoy an upside from such agreements as well. There are many pros and cons to using them but you need to check with your solicitor but beware that it may result in costing you extra in conveyancing charges. In light of this these agreements are not popular in relation to conveyancing in Muswell Hill.

Will our solicitor be raising enquiries about flooding during the conveyancing in Muswell Hill.

The risk of flooding is if increasing concern for lawyers carrying out conveyancing in Muswell Hill. There are those who buy a house in Muswell Hill, fully aware that at some time, it may be flooded. However, aside from the physical destruction, if a house is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or sell the property. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.

Lawyers are not best placed to give advice on flood risk, but there are a numerous searches that may be undertaken by the buyer or by their solicitors which will figure out the risks in Muswell Hill. The standard information given to a buyer’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a usual inquiry of the owner to determine whether the premises has suffered from flooding. If the residence has been flooded in past and is not disclosed by the vendor, then a buyer could issue a legal claim for losses as a result of such an inaccurate answer. A purchaser’s conveyancers will also conduct an enviro search. This will disclose if there is a recorded flood risk. If so, more detailed investigations will need to be conducted.

What does commercial conveyancing in Muswell Hill cover?

Muswell Hill conveyancing for business premises covers a wide array of guidance, provided by qualified solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.

In scouring the internet for the term on line conveyancing in Muswell Hill it shows results of numerous solicitorsin the vicinity. With so much choice what is the best way to find the right property lawyer for me?

The best way of choosing a suitable conveyancer is through a trusted recommendation, so ask friends and relatives who have purchased a property in Muswell Hill or the local estate agent or financial adviser. Costs for conveyancing in Muswell Hill vary, so it's advisable to request a minimum of three estimates from varying types of companies. Make sure that you know that the fees are fixed.