I have just been advised by my mortgage adviser that my Enfield the law firm I have appointed is not on the bank Conveyancing panel. What can I do to be sure if this is correct?
Your first step should be to contact your Enfield conveyancer. It is reasonable to expect your lawyer to inform you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your bank.
Can I use your services to locate a Conveyancing solicitor in Enfield even where I’m not purchasing or selling a house, for example if I wish to buy an office in Enfield with a loan from Bank of Ireland?
Our comparison service is mainly there to find residential conveyancing solicitors in Enfield but we have recorded at the bottom of this page a selection of Enfield commercial conveyancing firms. You will need to speak with the company directly to check if they can also act for Bank of Ireland
My wife and I are purchasing a apartment in Enfield. It might be a silly question but how we can trust a lawyer? At some point we have to deposit our life savings into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We had instructed solicitors locally in Enfield on the Bank of Ireland solicitor panel. They have just invoiced me an additional fee for dealing with the Bank of Ireland mortgage. Is this an additional conveyancing fee set by Bank of Ireland?
As unfair as it may appear, as long as it’s in their Terms of Engagement or estimate then yes your property lawyer is entitled to levy a fee for this. The fee is not dictated by Bank of Ireland but by your Enfield property lawyer. Some firms on the Bank of Ireland panel will levy an ‘acting for lender’ fee but plenty of firms incorporate it on their overall fee.
My husband and I have organised a further advance on our home loan from Lloyds as we wish to conduct alterations to our property in Enfield. Do we need to choose a local Enfield solicitor on the Lloyds conveyancing panel to handle the paperwork?
Lloyds don't usually require firms on their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Lloyds panel.
I am purchasing a new build house in Enfield with a loan from Godiva Mortgages Ltd. The builders refused to budge the price so I negotiated 6k of extras instead. The estate agent suggested that I not to tell my solicitor about the extras as it would put at risk my mortgage with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer 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.
Due to the advice of my in-laws I had a survey completed on a house in Enfield ahead of instructing lawyers. I have been told that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies will refuse to give a loan on such a home.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. Should you wish to call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Enfield. Conveyancing may be slightly more expensive based on your lender's requirements.
I am looking into buying my first house which is in Enfield and I am already nervous. I couldn't find anything specific about Enfield. Conveyancing will be needed in due course but do you know about the Enfield area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Enfield. In the meantime here are some basic statistics that we found