My wife and I are planning to buy a property in Enfield and are in fact using a Enfield conveyancing firm. Within the last couple of days our conveyancer has forwarded the sale agreement to be signed with a detailed report with the expectation that exchange is imminent. Nottingham Building Society have this morning contacted us to advise us that there is now an issue as our Enfield conveyancer is not on their approved list of lawyers. Is this a problem?
When purchasing a property with the benefit of a mortgage it is standard for the purchasers' lawyers to also represent the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your property lawyer should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You don't have to instruct a firm on the bank's conveyancing panel and you may continue to use your own Enfield solicitors, in which case your legal fees may increase, and it may delay matters as you have another set of people involved.
Please could you recommend a Bank of Scotland accepted Enfield conveyancing practice who can have us moved in within a short deadline? Would it be better to use a local Enfield firm or a national conveyancer?
We would be happy to suggest some excellent Enfield conveyancing firms. Another option is to visit the high street in Enfield. Approach some well established firms and ask to speak with a conveyancing solicitor for a quote. Explain your requirements together with your reasons and get an assurance on your deadline. Choose the one that genuine.
It is 10 years ago since I acquired my home in Enfield. Conveyancing solicitors have now been appointed on the sale but I can't find the title documents. Is this a problem?
Don’t worry too much. Firstly the deeds may be kept by the lender or they could be in the possession of the lawyers who handled the purchase. Secondly in all probability the title will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers procuring up to date copy of the land registers. Most conveyancing in Enfield involves registered property but in the unlikely event that your home is not registered it adds to the complexity but is resolvable.
It has been 3 months since my purchase conveyancing in Enfield completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How simple is it to transfer to a new conveyancer as I have to instruct a firm on the Norwich and Peterborough Building Society conveyancing panel. I was using a family conveyancing solicitor in Enfield round the corner but she is not accepted by Norwich and Peterborough Building Society
We will our best to assist in finding you a conveyancing solicitor in Enfield on the Norwich and Peterborough Building Society panel. Please note that the property lawyers that we list do not pay us fee if you instruct them and are regulated by the SRA who regulate all conveyancing solicitors in Enfield. In utilising the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Enfield.
I need to retain a conveyancing solicitor for my conveyancing in Enfield. I have stumble across a site which seems to have the ideal answer If there is a chance to get all the legals done via phone that would be ideal. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?