I am acquiring an apartment in East Barnet. My Solicitor is not listed on the mortgage company conveyancing list. Can I still appoint my East Barnet conveyancing solicitor notwithstanding that they are excluded from the bank list of approved lawyers?
Your options include
- Complete the deal with your existing East Barnet property lawyer but your lender will undoubtedly appoint a solicitor from their approved list. The net result is additional charges and probable delay.
- Get a new conveyancer to act in the purchase, ensuring that they are on the lender conveyancing panel.
- Convince your solicitor to pull out all the stops to join the mortgage company conveyancing panel
In the event thatI were to buy a straightforward propertyin East Barnet for cash and have no survey and no local authority searches how much would I expect to have to pay for conveyancing in East Barnet?
The sole reduction in fees you would make on is the East Barnet conveyancing searches. A lawyer is required to do the vast majority of work - money laundering, liaising with your vendors conveyancing practitioner, stamp duty return, register the ownership etc. A slight saving might be made by not needing to register a mortgage however it will not be a lot.
We are looking to buy a flat and require a conveyancing solicitor in East Barnet who is on the Lloyds approved panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Lloyds . We don't recommend any particular firms conducting conveyancing in East Barnet.
Will my solicitor be making enquiries about flooding during the conveyancing in East Barnet.
The risk of flooding is if increasing concern for conveyancers dealing with homes in East Barnet. There are those who buy a house in East Barnet, fully aware that at some time, it may suffer from flooding. However, aside from the physical destruction, if a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or sell the property. There are steps that can be taken during the course of a property purchase to forewarn the buyer.
Conveyancers are not best placed to give advice on flood risk, but there are a various searches that can be carried out by the buyer or by their solicitors which should give them a better understanding of the risks in East Barnet. The standard property information forms supplied to a purchaser’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual question of the owner to discover whether the premises has historically flooded. If flooding has previously occurred which is not notified by the seller, then a purchaser could bring a legal claim for losses resulting from an incorrect answer. A buyer’s conveyancers will also carry out an enviro report. This should higlight whether there is any known flood risk. If so, additional investigations will need to be carried out.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. East Barnet is the location of the property. Is there any guidance you can impart?
Flying freeholds in East Barnet are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in East Barnet you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in East Barnet may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
Been on the hunt for a property lawyer for leasehold sale conveyancing in East Barnet. We are selling, simple no mortgage to discharge, no rush, currently vacant. Got an estimate from a conveyancer for nine hundred pounds excluding VAT which is a little expensive considering its so straightforward. Can I pay less for conveyancing in East Barnet?
As it’s a sale only, £450 + VAT is likely to be about the lowest for sale conveyancing in East Barnet.