Finally the sale completed on my house in Chipping Barnet last August but our buyer keeps calling daily complaining that her lawyer needs to hear from mine. What should have happened now that I have sold?
Following your house sale your solicitor should send the transfer documentation and all of the paperwork to the purchaser's solicitors. If applicable, your solicitor must also evidence that the mortgage has been discharged to the buyers conveyancers. There is unlikely to be post completion requirements just for conveyancing in Chipping Barnet.
we are a couple who are hoping to buy a newly converted flat in Chipping Barnet with a homeloan from Bank of Scotland.We have a Chipping Barnet conveyancing solicitor but Bank of Scotland says his firm is not on their approved list of member firms. We have to appoint a Bank of Scotland panel solicitor or retain our high street solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; Can we not simply insist that Bank of Scotland use our lawyer?
Unfortunately,no. The mortgage issued to you contains terms and conditions, one of which will be that conveyancers will be on the Bank of Scotland conveyancing panel. in the past, most mortgage companies had large numbers of solicitors on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for Bank of Scotland
A colleague informed me that in purchasing a property in Chipping Barnet there may be a number of restrictions preventing external changes to the property. Is this right?
There are anumerous of properties in Chipping Barnet which have some sort of restriction or requirement of consent to carry out external changes. Part of the conveyancing in Chipping Barnet should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I am buying a property in Chipping Barnet. A rare aspect is that the roof has a solar panel. Nationwide have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is Nationwide your lawyer must follow the conveyancing requirements contained in Section two of UK Finance Lenders’ Handbook for Nationwide. The CML Handbook stipulates minimum requirements for solar panel roof-space leases, and conveyancing practitioners are required to report to Nationwide where a lease does not meet these specifications. The requirements relate to the installation of panels on properties nationwide and is not isolated to Chipping Barnet.
I have today made my last payment due on my mortgage with Santander. I assume I don't need a Chipping Barnet conveyancer on the Santander panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Santander 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 Santander mortgage from the register. Santander, 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 Santander has sent the Land Registry the discharge electronically, and
- Santander has instructed the Land Registry to do so
The deeds to our property can not be found. The lawyers who dealt with the conveyancing in Chipping Barnet 5 years ago are no longer around. What are my next steps?
As long as the title is registered the information relating to your proprietorship will be documented by HMLR with a Title Number. It is easy to conduct a search at the Land Registry, identify your house and get up to date copies of the Registered Entries for a small fee. If the title is Leasehold then the Land Registry will in most cases hold a file copy of the Registered Lease and again, a copy can be retrieved for a small fee.
I'm purchasing my first flat in Chipping Barnet with a mortgage from National Westminster Bank. The sellers refused to budge the amount so I negotiated £7000 of additionals instead. The estate agent suggested that I not reveal to my conveyancer about the side-deal as it will jeopardize my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
What does commercial conveyancing in Chipping Barnet cover?
Chipping Barnet conveyancing for business premises incorporates a wide array of guidance, given by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.