Me and my partner are acquiring a leasehold flat in Archway. My property lawyer is not on the lender approved panel. Am I still permitted to continue with my Archway conveyancing solicitor even though they are excluded from the bank panel?
You have a couple of choices available to you here
- Proceed with your existing Archway lawyer but your bank will undoubtedly appoint a property lawyer from their approved panel. The net result is additional cost and potential frustration.
- Appoint a fresh property lawyer to act in the purchase, ensuring that they are on the bank conveyancing panel.
- Convince your lawyer to do everything possible to get listed on the bank’s panel of solicitors
Can I use your services to locate a Conveyancing solicitor in Archway even where I’m not buying or selling a house, for instance where I intend to acquire an office in Archway with a loan from Yorkshire Building Society?
The service is mainly there to locate domestic conveyancing solicitors in Archway but we have listed at the end of this page some Archway commercial conveyancing firms. You should enquire with the solicitors directly to see if they can also act for Yorkshire Building Society
My aunt passed away six months ago and as sole heir and executor I was left the house in Archway. The house had a relatively small loan left on it of around £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Skipton, pay off the mortgage. Is this possible?
Where you plan to re-mortgage then Skipton will insist on your using a conveyancer on the Skipton conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Skipton conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Skipton mortgage is registered as a charge at the Land Registry.
Forgive me if this question is silly but I am new to the house moving as a 1st time buyer of a two bedroom flat in Archway. Do I collect the keys to the premises on completion from my conveyancer? If so, I will appoint a High Street conveyancing solicitor in Archway?
On the day of completion you do not need to go to the conveyancers office in Archway. Your solicitors will electronically transfer the purchase money to the seller's lawyers, and shortly after the monies have arrived, you should be invited to collect the keys from the Estate Agents and start moving into the property. This tends to happen between 1 and 3pm.
We have agreed to purchase a house in Archway. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender RBS be concerned?
Given that you are obtaining a mortgage with RBS your lawyer must check the formal requirements contained in Part two of UK Finance Lenders’ Handbook for RBS. The Council of Mortgage Lenders’ Handbook contains minimum specifications for solar panel roof-space leases, and conveyancing practitioners are required to report to RBS where a lease does not meet these provisions. The provisions relate to the installation of panels on properties in England and Wales and is not restricted to Archway.
At last I have had an offer on an apartment in Archway agreed to, the owners do however have a connected purchase. The owners have offered on a flat, however it’s not yet agreed to, and are looking at other flats in the pipeline. I have chosen a nearby conveyancing solicitor in Archway. What do I do now? When should I get the mortgage application with Bank of Ireland started?
It is understandable to have anxieties where there is a chain as you are unlikely to want to incur expenses too early (mortgage application is approx £1k, then survey, Archway conveyancing search charges, etc). The first course of action is to ensure that your conveyancing practitioner is on the Bank of Ireland conveyancing panel. As to the next stages this very much dictated by the uniqueness of your case, motivation for the property and on the state of the market. In a buoyant market the majority of home buyers would apply for a home loan with Bank of Ireland and arrange for the valuation and only if it was satisfactory would they pay their conveyancing practitioner to proceed with the conveyancing in Archway.
Me and my brother purchased a 4 bedroom Victorian house in Archway. Conveyancing solicitor represented me and Virgin Money. I did a free Land Registry search last week and there are a couple of entries: the first freehold, the second leasehold with the matching property. I thought I was buying a freehold how can I check?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Archway and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with the conveyancing lawyer who conducted the purchase.
I need to find a conveyancing solicitor for sale conveyancing in Archway. I have stumble across a web site which looks to be the perfect solution If there is a chance to get all formalities completed via web that would be preferable. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?