My best friend’s sister is a solicitor. I expect that I can be offered friends and family pricing for conveyancing, However if that does not come through, what level of fees would I typically be looking at for conveyancing in South Tottenham?

Do contrast pricing. Do use our search tool on this site. The estimates seem to contrast greatly but service levels do are distinct between solicitors as is the case with the vast majority of professional services.

About to place a bid on a leasehold property in South Tottenham. The selling agents assure me that it is normal for flats in South Tottenham to have less than 75 years remaining. I am expecting a loan with Tesco Bank. Will the property be mortgageable given that the lease has 72 years remaining.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 2/11/2024 the requirements read as follows :

About to purchase a new build apartment in South Tottenham. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Here are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in South Tottenham

Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

I've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a quick, no chain conveyancing. South Tottenham is where the house is located. Can you shed any light on this issue?

Flying freeholds in South Tottenham are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in South Tottenham you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in South Tottenham may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

Me and my fiance have recently had an offer accepted on a house and had meeting on Wednesday with Leeds Building Society for the mortgage. They warned us that when it comes to appointing a solicitor that unless they are on their approved panel of property lawyers then we will be subject to an an extra charge of £250+. This is because they would then have to select a conveyancer to act on their behalf in addition to the one we select on our behalf and we assume responsibility for their fees. I have requested Leeds Building Society to supply me with a list so I can request estimates only from their approved lawyers but was told that I need to check with each individual solicitor to see if they are on the panel. Is there a simple way of finding out who is on a lender panel?

You should ask Leeds Building Society what their panel criteria is for a solicitor.Then ask the conveyancing practitioner of your choice whether they fit that criteria and have they acted on loans for Leeds Building Society historically. If the answer to those is yes, then just clarify this with Leeds Building Society. Alternatively please use our search tool and we should be able to locate a property lawyer in South Tottenham on the panel for Leeds Building Society.