I am planning to acquire a house and require a conveyancing solicitor in Camden Town who is on the Bank of Scotland conveyancing. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Bank of Scotland in certain locations such as Camden Town. We dont recommend any particular firm.
A relative pointed out to me me that in buying a property in Camden Town there could be various restrictions preventing external alterations to the property. Is this right?
We are aware of a number of properties in Camden Town which have some sort of restriction or requirement of consent to perform external alterations. Part of the conveyancing in Camden Town should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I have a mortgage with Principality for my property in Camden Town. Conveyancing was finalised months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Principality?
Principality must be informed of your intention before renting your property as this is likely to be a breach of Principality’s mortgage conditions. It may be that Principality will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Principality directly. You need not do this via a Principality conveyancing panel lawyer.
I have instructed a Camden Town solicitor having checked that they are on the Kent Reliance conveyancing panel. Does my lawyer arrange the survey of the property?
Kent Reliance will need an independent valuation of the property. Your lawyer will not arrange this. Usually Kent Reliance 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. Your property lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Camden Town postcode. As you are getting a mortgage with Kent Reliance, you could contact them to see if they have a list of approved surveyors in Camden Town.
I need some expedited conveyancing in Camden Town as I have pressure to exchange contracts within 2 weeks. A home loan is not required. Can I escape the need for conveyancing searches to save fees and time?
If.Given you are are a cash buyer you have the choice not to do searches although no lawyer would advise that you don't. With plenty of history conveyancing in Camden Town the following are examples of issues that can arise and adversely affect future mortgageability: Refused Planning Applications, Outstanding Fees, Overdue Grants, Road Schemes,...
Me and my brother have a 4 bedroom Edwardian house in Camden Town. Conveyancing practitioner acted for me and Godiva Mortgages Ltd. I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold under the matching address. Is it worth asking Godiva Mortgages Ltd to clarify?
You need to review 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 Camden Town and other areas of 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 buyers. You can also question the situation with your conveyancing solicitor who conducted the purchase.
Due to the guidance of my in-laws I had a survey completed on a house in Camden Town before appointing solicitors. I have been advised that there is a flying freehold element to the house. My surveyor advised that some lenders may not issue a mortgage on a flying freehold home.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Halifax. If you contact us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Camden Town. Conveyancing will be smoother if you use a solicitor in Camden Town especially if they are accustomed to such properties in Camden Town.
I was pointed in your direction by numerous selling agents in Camden Town to locate a solicitor using your seach tool. What’s the financial upside for Estate Agents to market your lawyers over alternative conveyancing organisations?
We refuse to make any referral fee for pointing buyers and sellers our way. We thought it would be too underhand to pay a commission as home movers will think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.