Do I have to attend the offices of the solicitor to sign the mortgage deed? If so, I will appoint a lawyer who conducts conveyancing in Colney Hatch so that I can attend their offices when needed.
Nowadays conveyancing panel lawyers for banks carry out their communications via the post, e-mail or over phone calls. This enables them to conduct the legal work for your home move no matter where you live in England or Wales. Nevertheless you should check if you have the option of attending the offices of your conveyancing lawyer if just in case this is required.
Due to the advice of my in-laws I had a survey completed on a property in Colney Hatch in advance of appointing lawyers. I have been told that there is a flying freehold overhang to the property. The surveyor has said that some lenders tend refuse to give a mortgage on this type of home.
It varies from the lender to lender. Santander has different requirements from Halifax. If you contact 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 Colney Hatch. Conveyancing will be smoother if you use a solicitor in Colney Hatch especially if they are acquainted with such properties in Colney Hatch.
As co-executor for the will of my aunt I am disposing of a house in Newport but live in Colney Hatch. My solicitor (based 235 kilometers from mehas requested that I execute a statutory declaration before completion. Can you recommend a conveyancing practitioner in Colney Hatch who can witness and place their company stamp on the document?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are located in Colney Hatch
I own a 1st floor flat in Colney Hatch, conveyancing formalities finalised 3 years ago. Can you work out an approximate cost of a lease extension? Equivalent flats in Colney Hatch with over 90 years remaining are worth £165,000. The average or mid-range amount of ground rent is £45 per annum. The lease terminates on 21st October 50
With 50 years unexpired the likely cost is going to range between £36,100 and £41,800 as well as costs.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.
My lawyers in Colney Hatch have advised me that they can not locate my conveyancing file. At the time of my purchase I took out a mortgage with the lender. Is it case that being on the mortgage company conveyancing panel they need to have retained the file for a prescribed period?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the lender Conveyancing Panel Terms. It might be worth you contacting the lender directly.