We note that you have a search directory listing firms on the Nationwide conveyancing panel. Do companies pay you a referral fee if I retain them for our own conveyancing in Barbican?
We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Barbican.
Are all Barbican Conveyancing Quality Solicitors on the Nationwide conveyancing list of approved solicitors?
A selection of lenders now make use of CQS as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation 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 remain on their approved list of conveyancing solicitors.
When it comes to lenders such as Santander, do Barbican conveyancers have to pay an annual charge to be on the conveyancing panel?
We are unaware of any mortgage company fees to register on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
I was told three weeks ago that my mortgage has been agreed to by HSBC. Is it usual for HSBC to only issue the offer once my solicitor in Barbican is approved on their conveyancing panel? HSBC have asked my solicitor to see a copy of their PI Insurance.
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for HSBC to deal with your lawyer's application to be on the HSBC conveyancing panel. There's no guarantee that your solicitor will be accepted.
We are planning on selling our home in Barbican and according to the buyers it appears that there is a risk of it being built on contaminated land. A high street Barbican lawyer would know this is not the case. For the life of me I don't know why the buyers used an internet conveyancing firm as opposed to a conveyancing solicitor in Barbican. We have lived in Barbican for 4 years we know of no issue. Should we get in touch with our local Authority to seek confirmation that the buyers are looking for.
It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
How does conveyancing in Barbican differ for new build properties?
Most buyers of new build property in Barbican contact us having been asked by the seller to sign contracts and commit to the purchase even before the premises is completed. This is because new home sellers in Barbican usually purchase the real estate, 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 Barbican or who has acted in the same development.
I am looking into buying my first house which is in Barbican and I am already nervous. I couldn't find anything specific about Barbican. Conveyancing will be needed in due course but do you know about the Barbican area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Barbican. In the meantime here are some basic statistics that we found
My partner and I may need to rent out our Barbican 1st floor flat temporarily due to a new job. We instructed a Barbican conveyancing firm in 2003 but they have closed and we did not think at the time get any advice as to whether the lease prohibits the subletting of the flat. How do we find out?
Some leases for properties in Barbican do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord is not entitled to unreasonably withhold but, in such cases, they would need to see references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
I am the leaseholder of a a ground floor purpose built flat in Barbican. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the amount due for the purchase of the freehold?
You certainly can. We are happy to put you in touch with a Barbican conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Barbican residence is 137 & 139 Haberdasher Street in December 2013. The Tribunal determines in accordance with section 48 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 that the premium for the extended lease for each Property should be £12,350.00. This case related to 2 flats. The unexpired residue of the current lease was 72.39 years.