I am acquiring a house for cash in Alexandra Park. I have lived for the last 20 years in Alexandra Park. Conveyancing searches are expensive. Given that I know the road and vicinity intimately must I have all the conveyancing searches?

If you not getting a mortgage, then all but one or two of the Alexandra Park conveyancing searches are at your discretion. Your lawyer will ’encourage you, perhaps strongly, that you should have searches done, but he is duty bound to do this. One thing to consider; if you are intend to sell the house at a future date, it will likely be be of importance to your future buyer what the searches determine. There are plenty of instances where properties with apparent issues can still reveal unfavourable search results. A competent conveyancing solicitor in Alexandra Park should provide you some practical advice concerning this.

I need some quick conveyancing in Alexandra Park as I have pressure to complete within 3 weeks. A mortgage is not required. Is it possible to escape the need for conveyancing searches to save money and time?

As you are not getting a home loan you are at liberty not to have searches conducted although no conveyancer would recommend that you don't. Drawing on years of experience of conveyancing in Alexandra Park the following are examples of issues that can appear and adversely affect future mortgageability: Refused Planning Applications, Outstanding Fees, Overdue Grants, Unadopted Roads,...

How does conveyancing in Alexandra Park differ for newly converted properties?

Most buyers of new build property in Alexandra Park approach us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is built. This is because builders in Alexandra Park typically buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Alexandra Park or who has acted in the same development.

What are your top tips when it comes to appointing a Alexandra Park conveyancing practice to deal with our lease extension?

If you are instructing a property lawyer for your lease extension (regardless if they are a Alexandra Park conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggest that you talk with several firms including non Alexandra Park conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be helpful:

What are the costs for lease extension work? If the firm is not ALEP accredited then why not?

We have reached the end of our tether in trying to purchase the freehold in Alexandra Park. Can the Leasehold Valuation Tribunal adjudicate on premiums?

in cases where there is a missing landlord or where there is disagreement about what the lease extension should cost, under the relevant legislation you can apply to the Leasehold Valuation Tribunal to arrive at the price payable.

An example of a Lease Extension matter before the tribunal for a Alexandra Park property is Flat B 10 Grove Avenue in October 2013. Following a vesting order Clerkenwell and Shoreditch County Court 3rd July 2013 The tribunal determines that the premium payable for the lease extension was £36,215.00 This case affected 1 flat. The unexpired residue of the current lease was 65.21 years.

Are there any apps to help find a Alexandra Park conveyancing solicitor on the bank conveyancing panel? I have a car and am prepared to travel up to 10kilometers to attend the lawyer.

You can use the find a conveyancing panel tool on this website. Please choose the lender and your location, in this case Alexandra Park and you will see a number of lawyer located nearest Alexandra Park. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the mortgage company solicitor panel.