Our Edgware solicitor has spotted a difference between the information in the valuation survey and what is in the legal papers for the property. My lawyer says that he is duty bound to check that the bank is OK with this discrepancy and is still content to lend. Is my conveyancer’s approach legitimate?

Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

I need some fast conveyancing in Edgware as I am faced with pressure to complete within one month. A home loan is not required. Is it possible to avoid the conveyancing searches to save fees and time?

If.Given you are not taking a home loan you have the choice not to do searches although no law firm would recommend that you don't. With lots of history conveyancing in Edgware the following are instances of what can show up and therefore affect future mortgageability: Refused Planning Applications, Overdue Charges, Outstanding Grants, Unadopted Roads,...

Just had an offer accepted on a new build apartment in Edgware. 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.

Set out below is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Edgware

The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Forfeiture - bankruptcy or liquidation must not apply under this provision.

What tools are available to locate a Edgware law firm on the Britannia conveyancing panel? I have a car and am prepared to travel upto 20miles to meet the conveyancer.

You can use the search on this page. Please select a mortgage company and your location and you will see a number of Edgware conveyancing lawyers locally. We have detailed some Edgware conveyancing firms at the bottom of this page and you can contact them to see whether they are on the Britannia panel

I am a negotiator for a long established estate agency in Edgware where we have experienced a number of flat sales jeopardised as a result of short leases. I have been given contradictory information from local Edgware conveyancing firms. Please can you shed some light as to whether the vendor of a flat can initiate the lease extension process for the buyer?

Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser can avoid having to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the disposal of the property.

An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

Following months of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Edgware. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?

Where there is a absentee freeholder or where there is disagreement about the premium for a lease extension, under the relevant statutes it is possible to make an application to the LVT to assess the sum to be paid.

An example of a Lease Extension case for a Edgware residence is Ground Floor Maisonette 17 Milton Road in January 2014. The Tribunal determined the premium payable by the Applicant to the should be £13,299 This case affected 1 flat. The unexpired term was 71.73 years.