At long last a loan offer from NatWest for the remortgage of my single room garden flat is due imminently. Can you suggest a cheap conveyancing law firm in Tufnell Park?

You are on the wrong site if you are in need of a cheap conveyancing in Tufnell Park. Our goal is to offer value for money conveyancing but we do not advertise as being the cheapest. Do not be swayed by brokers offering £100 conveyancing in Tufnell Park. At best, in choosing a lawyer for low cost conveyancing, you will get your money’s worth and at worst it will result in you invoiced for extras and still not get the service expected.

I am hoping to complete my purchase in Tufnell Park next Tuesday. My conveyancing practitioner now wants me to supply her with evidence of content and building insurance for the property as he says that he has to check this in his capacity as lawyer for the lender. What risks does the lender 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 UK Finance Lenders’ Handbook conditions. These requirements are not unique to conveyancing in Tufnell Park.

I am buying a new build house in Tufnell Park with a loan from Birmingham Midshires. The developers refused to reduce the amount so I negotiated 6k of additionals instead. The sale representative told me not disclose to my solicitor about the extras as it could affect my loan with the lender. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I'm refinancing my primary house to a BTL loan with National Westminster Bank and intend to use the remaining equity as a down payment on a second house. The location we are talking about is Tufnell Park. Will your solicitors be able to act for the two lenders and tie in the transactions?

Make use of our comparison tool on this page to check that the lawyers are approved by both banks. Assuming that they are your lawyer should be able to tie up the two transactions but you should talk with you conveyancer and make clear your desired outcome and needs.

I am hoping to put an offer on a small detached house that seems to tick a lot of boxes, at a great price which is making it more attractive. I have subsequently discovered that the title is leasehold as opposed to freehold. I am assuming that there are particular concerns buying a leasehold house in Tufnell Park. Conveyancing advisers have are about to be appointed. Will they explain the issues?

Most houses in Tufnell Park are freehold and not leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can help the conveyancing process. We note that you are purchasing in Tufnell Park in which case you should be shopping around for a Tufnell Park conveyancing solicitor and check that they have experience in advising on leasehold houses. First you will need to check the unexpired lease term. Being a leaseholder you will not be at liberty to do whatever you want to the property. The lease comes with conditions such as obtaining the freeholder’sconsent to carry out changes to the property. You may also be required to pay a contribution towards the maintenance of the communal areas where the property is located on an estate. Your solicitor should report to you on the legal implications.

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

Where there is a missing landlord or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to assess the amount due.

An example of a Lease Extension matter before the tribunal for a Tufnell Park flat is Flat 2 27 Mackeson Road in December 2012. The Tribunal assessed the value of the lease extension premium at £35,435 and rounded the figure to £35,500 This case was in relation to 1 flat. The unexpired lease term was 64.77 years.