Much to our surprise we have been informed by our mortgage adviser that my Colindale the law firm I have appointed is not on the mortgage company Conveyancing panel. What can I do to be sure if this is correct?
The first thing you need to do is to call your Colindale lawyer directly. You lawyer should advise you of the situation. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
We are planning to buy with Loughborough BS. We have called around locally yet am struggling to find a Colindale conveyancing firm on the Loughborough BS panel. Could you assist?
You should make use of the find a conveyancing panel solicitor tool on this web page. Please choose the building society and type Colindale or your location and you will be presented with numerous solicitors offices in Colindale or by proximity to you.
I am currently in the process of buying my council flat in Colindale. I have a mortgage agreed with RBS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with RBS, you will need to appoint a solicitor on the RBS conveyancing panel.
I recently had an offer agreed on a house in Colindale. My financial adviser pressured me to appoint their conveyancer. I paid an advanced payment of £200. A couple of days later, the conveyancing practitioner called me to say that they were not on the Nottingham 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 Nottingham 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.
Co-operative have agreed my home loan in principle, my offer on a house in Colindale has been agreed to, what are the next steps?
Your estate agent will need to be advised as to your conveyancer's details (make sure the lawyers are on the lender’s panel). Telephone Co-operative or the financial adviser and finish off any relevant paperwork. Co-operative will instruct a valuer who will get in touch with the selling agent or owners to schedule an appointment. Once carried out (assuming no problems) it takes on average a week for the mortgage offer to be issued. Co-operative will send the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Colindale.
The estate agent has sent us the confirmation of our purchase of a new build flat in Colindale. 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 legal work.
Set out below are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Colindale
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There must be mutual enforceability of lessee’s covenants. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are surveyor prepared.
Do I need to be suspicious that third parties that I am dealing with are recommending an online conveyancing firm as opposed to a local Colindale conveyancing practice?
As is the case with lots of service providers, often suggestions from relatives can be extremely useful or valuable. Nevertheless there are many players in a conveyancing matter; estate agents, financial adviser and mortgage companies may suggest solicitors to retain. Sometimes these lawyers might be known to one of the organisations as experts in their field, but occasionally there is an underlying financial incentive behind the recommendation. You have the right to select your own lawyer. Don't forget that some lenders specify a panel list of lawyers you are obliged to use for the lender aspect of your house move.
I am hoping to exchange soon on a basement flat in Colindale. Conveyancing solicitors assured me that they report fully within the next couple of days. What should I be looking out for?
Your report on title for your leasehold conveyancing in Colindale should include some of the following:
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Details of the parties to the lease, for example these could be the leaseholder, superior lessor, freeholder What options are available to the landlord where you breach a clause of your lease? You should know whether the lease allows you to add or upgrade anything in the flat- you should know whether it relates to all alterations or limited to structural alteration, and whether consent is required Repair and maintenance of the premises Who has the liability to repair and maintain the building. It is essential that you know which party is liable for the repair and maintenance of all parts of the block and estate
I have tried to negotiate informally with with my landlord to extend my lease without success. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a Colindale conveyancing firm to represent me?
in cases where there is a missing landlord or if there is dispute about the premium for a lease extension, under the relevant legislation it is possible to make an application to the Leasehold Valuation Tribunal to arrive at the premium.
An example of a Lease Extension matter before the tribunal for a Colindale premises is 27B Hillside in February 2010. the resulting premium, all other aspects of the valuation having been agreed between the parties was set at £8,250 This case was in relation to 1 flat. The unexpired term as at the valuation date was 70.25 years.