My wife and I are acquiring a newly constructed apartment in Albany Park and my lawyer is telling me that she is duty bound to the lender to disclose incentives from the seller. I am nearing the developer’s deadline to exchange contracts and I would rather not prolong matters. Is my lawyer right?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
It is is a decade since I bought my home in Albany Park. Conveyancing solicitors have now been appointed on the sale but I can't find my deeds. Will this cause complications?
You need not be too concerned. First there is a chance that the deeds will be with the mortgage company or they may still be with the solicitor who oversaw your purchase. Secondly the chances are that the land will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing lawyers acquiring current official copies of the land registers. The vast majority of conveyancing in Albany Park relates to registered property but in the rare situation where your property is unregistered it is more tricky but is resolvable.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Albany Park. My lender is The Mortgage Works
The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 18/7/2025, the requirements read as follows :
I am purchasing a detached bungalow in Albany Park. Our aim is to carry out a loft conversion at the property.Will the conveyancing process involve investigations to ascertain if these alterations were previously refused?
Your solicitor should review the registered title as conveyancing in Albany Park can on occasion identify restrictions in the title deeds which prohibit categories of alterations or necessitated the consent of a 3rd party. Certain works call for local authority planning consent and approval in accordance building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor prior to committing yourself to a purchase.
We previously appointed solicitors locally in Albany Park on the Clydesdale solicitor panel. They have just invoiced me a supplemental amount for dealing with the Clydesdale mortgage. Is this an additional conveyancing fee specified by Clydesdale?
Provided it is contained in their Terms of Engagement or Quote then yes your solicitor can charge a fee for this. The fee is not set by Clydesdale but by your Albany Park conveyancer. Numerous firms on the Clydesdale panel will levy an ‘acting for lender’ fee and others do not.
I can not fathom if my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Albany Park bank branch on a couple of occasions and was told it does not affect the mortgage offer and they will lend. My Albany Park conveyancing solicitor - who is on the mortgage company conveyancing panel- called to say that they will not lend in accordance with their specific requirements. Who do I believe?
Your conveyancer has to comply with the CML Handbook section two provisions for your lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
I decided to have a survey carried out on a house in Albany Park before appointing solicitors. I have been informed that there is a flying freehold element to the house. The surveyor has said that some mortgage companies may not grant a loan on this type of home.
It varies from the lender to lender. HSBC has different requirements from Nationwide. If you contact us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Albany Park. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Albany Park to see if the conveyancing will be more expensive.
My business partner and I are wishing to take an assignment of a lease of a shop on a shopping parade. Can you recommend lawyers offering no-sale-no costs for commercial conveyancing in Albany Park for less than 1500k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Albany Park, including the disposal and acquisition of businesses as well as simply premises. If you are hoping to buy or lease a shop, pub, restaurant, office, retail unit or a whole business we can find you the right lawyer. Regarding the charges this will depend on the structure and heads of terms of the proposed transaction. Please provide us with your details or call so as to enable us to provide you with a detailed commercial conveyancing quote.