My partner and I intend to remortgage our flat in Barnet with Coventry BS. We have a son 19 who lives at home. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who lives in the flat. The solicitor has now sent a form for our son to sign, waiving any legal rights in the event that the flat is repossessed. I have a couple of concerns (1) Is this form unique to the Coventry BS conveyancing panel as he did not need to sign this form when we purchased 3 years ago (2) Does our son by signing this compromise his entitlement to inherit the property?
First, rest assured that your Coventry BS conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Coventry BS. This is solely used to protect Coventry BS if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Coventry BS had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
My wife and I are purchasing a house in Barnet. I might seem paranoid but how we can trust a conveyancer? On the day of competition we have to send our life savings into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Can you point me to a directory of Bank of Ireland panel solicitors in Barnet on the Building Society Association’s Website?
No. There is no such facility on the CML or Building Society Association sites. Very few lenders make their panel listings viewable online. If you are looking for a Barnet conveyancing practitioner on the Bank of Ireland please use our tool.
We have agreed to purchase a house in Barnet. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Yorkshire BS be concerned?
As your lender is Yorkshire BS your lawyer must check the formal requirements contained in Section 2 of UK Finance Lenders’ Handbook for Yorkshire BS. The CML Handbook sets out minimum conditions for solar panel roof-space leases, and lawyers are required to report to Yorkshire BS where a lease fails to comply with these specifications. The requirements relate to the installation of panels on properties in England and Wales and is not restricted to Barnet.
Do commercial conveyancing searches reveal proposed roadworks that may affect a commercial estate in Barnet?
Many commercial conveyancing solicitors in Barnet will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in investigating accurate data on highways that impact buildings and development assets in Barnet. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Barnet.
For every commercial conveyancing transaction in Barnet it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may result in delays to Barnet commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Barnet.
Just had an offer accepted on a new build apartment in Barnet. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Barnet
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There must be mutual enforceability of lessee’s covenants. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
We are one month into a freehold purchase having been directed to a firm by the high street agent to execute conveyancing in Barnet. I am am starting to be dissatisfied with the quality of service. Can you you assist me in finding new solicitors?
They would need to be very bad in order to consider changing them. Has the loan offer been generated? If so you need to advise them of the new contact details and have the offer are re-issued. Your solicitor ideally needs to be on the banks panel to avoid supplemental fees and delays. So that should be your starting point. The search tool should help you find a bank approved solicitor for your conveyancing in Barnet
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the mortgage company conveyancing panel. My lawyer has said that they are on the lender approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the lender conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the bank solicitor panel.