We just had an offer accepted to buy with Loughborough BS. We have called around locally but am struggling to find a Barbican conveyancing firm on the Loughborough BS approved list. Please you help?
Feel free to take advantage of the find a lender approved solicitor tool on this site. Please choose the building society and type Barbican or your preferred area and you will be presented with numerous solicitors based in Barbican or by proximity to you.
Is it correct that all Barbican CQS (Conveyancing Quality Scheme) solicitors are on the Barclays conveyancing list of approved firms?
It is true that some lenders now use CQS as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of firms.
I am selling my apartment. I had a double glazing fitted in June 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, HSBC are being pedantic. The Barbican solicitor who is on the HSBC conveyancing panel is saying indemnity insurance will be fine but HSBC are requiring a building regulation certificate. Why do HSBC have a conveyancing panel if they don't accept advice from them?
It is probably the case that HSBC have referred the matter to their valuer. The reason why HSBC may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
After shopping around on the internet I have found a Barbican solicitor having checked that they are on the Nationwide conveyancing panel. Does my lawyer arrange the survey of the property?
Nationwide will need an independent valuation of the property. Your lawyer will not arrange this. Usually Nationwide will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Barbican surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I know that there are debates on Chancel Insurance on online forums. Am I compelled to take this when buying a residence in Barbican? or I am told that there is an ancient law that could mean that owners of property residing in a parish church boundary may be liable to pay for repairs towards the chancel in proximity to the church. Is this a legitimate concern for conveyancing in Barbican?
Unless a previous acquisition of the premises completed after 12 October 2013 you could take it that lawyers delivering conveyancing in Barbican to remain recommending a chancel search and or chancel repair liability insurance.
Are there restrictive covenants that are commonly identified as part of conveyancing in Barbican?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Barbican. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Barbican differ for newly converted properties?
Most buyers of new build residence in Barbican approach us having been asked by the builder to exchange contracts and commit to the purchase even before the property is ready to move into. This is because developers in Barbican tend to acquire 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 property lawyers 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 Barbican or who has acted in the same development.
As co-executor for the estate of my grandmother I am disposing of a house in Swansea but reside in Barbican. My conveyancer (who is 235 miles from merequires that I sign a stat dec before the transaction finalising. Could you suggest a conveyancing solicitor in Barbican to witness and place their company stamp on the document?
Technically speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will suffice regardless of whether they are Barbican based