It has come to my attention via my mortgage broker that my Canary Wharf solicitor is not on the lender Solicitor panel. How can I be sure that this is correct?
Your first step should be to call your Canary Wharf conveyancer. You lawyer should inform you of the situation. If they are not on the panel they may be able to suggest a Canary Wharf conveyancing firm that is on the conveyancing panel for your bank.
Our god-son is in the process of securing a new build apartment in Canary Wharf with a home loan from HSBC. His lawyer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The form is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the HSBC conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the HSBC conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
My apartment in Canary Wharf is up for sale and I have accepted an offer. Does my conveyancing practitioner have to be on the Nationwide conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Nationwide conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently currently.
Is it necessary to take out insurance to protect me from financial exposure to chancel repairs when acquiring a house in Canary Wharf?
Unless a prior acquisition of the property took place post 12 October 2013 you could take it that lawyers handling conveyancing in Canary Wharf to continue to suggest a chancel search and or chancel repair liability insurance.
I am looking into buying my first house which is in Canary Wharf and I am already nervous. I couldn't find anything specific about Canary Wharf. Conveyancing will be needed in due course but do you know about the Canary Wharf area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Canary Wharf. In the meantime here are some basic statistics that we found
Your search tool is useful but there are many lawyers listed near Canary Wharf being on the mortgage company conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for our bank?
We are not in the business of recommending one firm above another as the right Canary Wharf conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Canary Wharf knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the the firms listed to gain comfort as to which one is right for you..