I was told yesterday by my lender that my Camden Town the law firm I have appointed is not on the mortgage company Conveyancing panel. What can I do to check?
You need to call your Camden Town conveyancer. It is reasonable to expect your lawyer to notify you what has happened. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your lender.
We are expecting a mortgage offer soon. The bank mentioned the mortgage came with free conveyancing. Does this mean I have to appoint their panel conveyancer as I would prefer to appoint a specialised conveyancing solicitor in Camden Town?
Do check but the chances are that appoint one of their panel lawyers should you accept the "fee-free" incentive. Contact the mortgage company to determine if they make available a monetary alternative. In the past a few mortgage companies offered a £250 cashback as a further option in which case you could put that amount towards your preferred conveyancing solicitor in Camden Town.
My father advised me that in buying a property in Camden Town there could be a number of restrictions affecting the ability to carry out external changes to a property. Is this right?
There are anumerous of properties in Camden Town which have some sort of restriction or requirement of consent to execute 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 paid off my mortgage with Yorkshire BS. I assume I don't need a Camden Town solicitor on the Yorkshire BS panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Yorkshire BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Yorkshire BS mortgage from the register. Yorkshire BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Yorkshire BS has sent the Land Registry the discharge electronically, and
- Yorkshire BS has instructed the Land Registry to do so
After much negotiation I have agreed a price on a house in Camden Town. My financial adviser suggested a lawyer. I paid an on account payment of £175. Shortly after, the solicitor called me embarrassingly acknowledging that they were not on the Santander conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Santander panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I opted to have a survey done on a house in Camden Town prior to instructing conveyancers. I have been informed that there is a flying freehold element to the house. The surveyor advised that some mortgage companies tend not give a mortgage on such a premises.
It depends who your proposed lender is. Lloyds has different requirements for example to Halifax. Should you wish to telephone us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Camden Town. Conveyancing may be slightly more expensive based on your lender's requirements.
How do I use your search tool to choose a conveyancing solicitor in Camden Town on the approved list for my mortgage?
Step one is to choose a mortgage company such as Lloyds TSB Bank, Barnsley Building Society or Britannia then specify your preferred area such as Camden Town. Conveyancing organisations in Camden Town and nationally should be listed.
I am hoping to put an offer on a small detached house that seems to meet my requirements, at a reasonable figure which is making it more attractive. I have since been informed that it's a leasehold as opposed to freehold. I would have thought that there are issues purchasing a house with a leasehold title in Camden Town. Conveyancing advisers have are soon to be instructed. Will my lawyers set out the implications of buying a leasehold house in Camden Town ?
The majority of houses in Camden Town are freehold rather than leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can assist with the conveyancing process. It is clear that you are purchasing in Camden Town in which case you should be looking for a Camden Town conveyancing solicitor and check that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a tenant you will not be at liberty to do whatever you want to the property. The lease will likely included provisions for example obtaining the freeholder’spermission to carry out changes to the property. It may be necessary to pay a maintenance charge towards the maintenance of the estate where the house is part of an estate. Your conveyancer will report to you on the legal implications.
We have reached the end of our tether in negotiating a lease extension in Camden Town. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most certainly. We can put you in touch with a Camden Town conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Camden Town residence is Flat 120, Clare Court Judd Street in August 2013. the Tribunal held that the premium to be paid for the extension of the lease should be £64,650 This case related to 1 flat. The unexpired residue of the current lease was 62.79 years.