I am in the market for a low cost property lawyer. Should I go for for an online conveyancer rather than a high street Colney Hatch conveyancing solicitor?
Generally conveyancing practitioners in your area will benefit from strong relationships with your local authority, which can assist with your Colney Hatch conveyancing searches that your solicitor will inevitably need. It can only help if they enjoy strong relationships with the Local Land Registry Office your area Colney Hatch, other property lawyers in the neighbourhood and Colney Hatch Estate Agents.
My husband and I have organised a further advance on our mortgage from Nottingham as we intend to carry out alterations to our house in Colney Hatch. Are we obliged to choose a high street Colney Hatch solicitor on the Nottingham conveyancing panel to deal with the legals?
Nottingham don't usually appoint firms on their conveyancing panel to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Nottingham conveyancing panel.
Having read lots of house buying guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Colney Hatch solicitor - who is on the Virgin Money conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Virgin Money will need an independent valuation of the property. Your lawyer will not arrange this. Usually Virgin Money 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 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 Colney Hatch postcode. As you are getting a mortgage with Virgin Money, you could contact them to see if they have a list of approved surveyors in Colney Hatch.
My offer on a detached house in Colney Hatch has been agreed to, the vendors do nevertheless have an associated purchase. The vendors have offered on a flat, however it’s not yet agreed to, and are looking at other properties in the pipeline. I have instructed a high street conveyancing solicitor in Colney Hatch. What should be my next step? When do I get the mortgage application with Principality going?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is in the region of £1k, then survey, Colney Hatch conveyancing search costs, etc). First, you should ensure that your conveyancing practitioner is on the Principality conveyancing panel. Regarding the subsequent stages this very much dictated by the uniqueness of your transaction, desire for this property and on the state of the market. In a rising market many purchasers would apply for a home loan with Principality and pay for the valuation and only if it was satisfactory would they pay their conveyancer to proceed with searches.
Are there restrictive covenants that are commonly picked up during conveyancing in Colney Hatch?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Colney Hatch. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been on the look out for a ground for flat up to £245,000 and found one near me in Colney Hatch I like with amenity areas and transport links in the vicinity, the downside is that it only has 51 remaining years left on the lease. There is not much else in Colney Hatch for this price, so just wondered if I would be making a mistake acquiring a short lease?
Should you need a home loan that many years will be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you may request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
We are 18 days into a residential purchase having been referred to conveyancers by the local agent to carry out the conveyancing in Colney Hatch. I am am extremely frustrated with the level of service. Could you you assist me in finding new lawyers?
They would have to be really poor to suggest changing them. Has the mortgage offer been sent? If so you must inform them of the replacement solicitor and have the loan are re-sent. The solicitor ideally should be on the mortgage company panel to avoid added costs and frustration. That should be your starting point. The find a solicitor tool will help you find a lender approved conveyancer for your conveyancing in Colney Hatch
My wife and I have recently had an offer accepted on a apartment and had meeting on Tuesday with Nationwide for the mortgage. They have informed me that when it comes to selecting a property lawyer that if they are not on their approved list of lawyers then we will be subject to an an additional fee of £250+. This is because they would then have to instruct a conveyancer to act for them as well as the one we appoint on our behalf and we assume responsibility for their fees. I have asked Nationwide to furnish me with a list so I can request estimates only from their approved solicitors but was told that I need to check with each individual conveyancer to see if they are on the panel. What would be the best way of going about this?
You can enquire of Nationwide what their criteria for joining their panel is for a conveyancer.Thereafter ask the property lawyer of your choice whether they meet the criteria and have they acted on mortgages for Nationwide in the past. Where the answer to those is yes, then just clarify this with Nationwide. Alternatively please make use of our search tool and we may be able to locate a conveyancer in Colney Hatch on the panel for Nationwide.