In the event thatI was to acquire a simple residential homein Islington for cash and have no survey and no conveyancing searches how much should I expect to to save on my conveyancing in Islington?

The sole saving you would make on is the Islington conveyancing searches. A property lawyer still be obliged to do everything else - money laundering, liaising with the vendors conveyancing practitioner, stamp duty return, register the title etc. You might save a bit for them not having to register a mortgage but it will not be significant.

What can a local search reveal about the property my wife and I buying in Islington?

Islington conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search company such as Onsearch The local search is essential in every Islington conveyancing purchase; that is if you don’t want any nasty once you have moved into your property. The search should provide information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject sections.

How does conveyancing in Islington differ for new build properties?

Most buyers of new build or newly converted property in Islington contact us having been asked by the builder to exchange contracts and commit to the purchase even before the property is constructed. This is because builders in Islington usually purchase the land, 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 used to new build conveyancing in Islington or who has acted in the same development.

I am a sole trader intending to take an assignment of a lease of a shop on a shopping parade. Can you recommend conveyancers offering fixed fees for commercial conveyancing in Islington for below £2000?

We can recommend firms who host a wealth of experience of commercial conveyancing in Islington, including the sale and purchase of businesses as well as simply premises. If you are intending to acquire or lease a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right lawyer. Regarding the fees these will vary based on the structure and nuances of the proposed transaction. Please provide us with your contact information or phone so as to enable us to provide you with comprehensive commercial conveyancing calculation.

Can you offer any advice when it comes to appointing a Islington conveyancing firm to carry out our lease extension conveyancing?

If you are instructing a property lawyer for your lease extension (regardless if they are a Islington conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We advise that you make enquires with several firms including non Islington conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be helpful:

If they are not ALEP accredited then why not?

I have had difficulty in trying to reach an agreement for a lease extension in Islington. Can the Leasehold Valuation Tribunal adjudicate on premiums?

Where there is a missing freeholder or where there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the Leasehold Valuation Tribunal to judgment on the sum to be paid.

An example of a Lease Extension case for a Islington flat is 5C Stoke Newington Road in April 2010. the Tribunal therefore concludes that the premium to be paid for the extended lease is £700.00 This case affected 1 flat. The unexpired term was 80.5 years.