Purchase of leasehold residential conveyancing : London, N11 - Conveyancing in Friern Barnet -

In July 2008 our residential conveyancing Friern Barnet team conducted the purchase conveyancing for a 125 year leasehold for a residential conveyancing valued at around £259, 950. 00 located at London, N11. The local authority area of the property is Enfield Council Borough Of London - www.enfield.gov.uk/. Comprehensive conveyancing enquiries were emailed within the same day of receiving contract papers (including conveyancing searches, Official Copies, Copy Deeds). The local authority search revealed that Walker Close was an unadopted road in this area. This was of concern to the buyer and their mortgage lender. Further investigations need to be made and with the vendors as to ownership of the road and practical arrangements in terms of maintenance and upkeep. A tree preservation order applied to the property. The handling conveyancer discovered that there were Planning permissions affecting this residence. The Land Registry Office Copies supplied were out of date and accordingly fresh copies were requested from the vendors conveyancing solicitor. The Land Registry Office Copies supplied revealed that the vendors had owned the property for less than five years and as such there was a danger that the transfer of the property to the seller could be set aside if it was established that the property within that five year period was a Transfer at Undervalue. The Seller's Property Information Form (SPIF) as supplied by the vendors was more than two months old and therefore we needed to have this refreshed. Mary Spiteri-Panayi was the property lawyer in charge of conveyancing in Friern Barnet, Enfield, North London, London. The estate agent's memorandum of sale detailing the vendors property lawyer was obtained shortly before receiving the contract papers. The estate agent was the Austin Chambers and Co branch covering Friern Barnet. - http://www.austinchambers.co.uk. The buyer's conveyancing solicitor in Friern Barnet was John Bays and Co - . Enfield, North London, London, Friern Barnet - Conveyancing - leasehold : Friern Barnet