Having been referred to your web site we were going to go ahead with a conveyancing solicitor in Enfield Highway listed by you but stumbled across alternative fee calculations via the web appear less pricey – why is this?

You can find numerous firms advertising alleged cheap conveyancing, but additionalcharges end up with the final bill markedly uplifted. According to the Legal Ombudsman charges set out in terms of engagement should be equitable raised The conveyancers that we list for conveyancing in Enfield Highway clearly state all costs for the property you plan tobuy.

Due to move into my new home in Enfield Highway next Thursday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the mortgage company. What risks does the bank expect the insurance to cover?

Any lawyer on acting for lenders would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 conditions. These requirements are not specific to conveyancing in Enfield Highway.

I am considering applying for a mortgage for purchase of a newly converted (under development) in Enfield Highway with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for ?

There is nothing to stop you using your solicitor, but will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.

I am 3 weeks into a residential purchase having been recommend to a firm by the high street agent to carry out the conveyancing in Enfield Highway. I am not happy. Could you help me find new solicitors?

They would need to be very bad in order to consider changing them. Has your mortgage been sent? If so you need to advise them of the new contact details and have the offer are re-sent. Your new conveyancer should be on the lenders approved list to avoid added fees and frustration. So that should be your starting point. Our find a solicitor tool will help you find a bank approved conveyancer for your home move in Enfield Highway

I am on look out for some leasehold conveyancing in Enfield Highway. Before diving in I want to be sure as to the unexpired term of the lease.

If the lease is recorded at the land registry - and almost all are in Enfield Highway - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I own a studio flat in Enfield Highway, conveyancing formalities finalised 1995. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Enfield Highway with an extended lease are worth £165,000. The ground rent is £45 yearly. The lease finishes on 21st October 50

With only 50 years unexpired we estimate the premium for your lease extension to be between £36,100 and £41,800 plus costs.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs without more detailed due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first seeking the advice of a professional.