My IFA has requested my Finchley lawyer’ panel reference for the Nationwide conveyancing panel. How do I discover this. I have tried my local Finchley office but they have not responded to me.
The sensible thing to do is ask for this information from your Finchley conveyancer . They keep a central record lender panel numbers.
Are the Finchley conveyancing solicitors identified as being on the Santander conveyancing panel, together with their details provided by Santander?
Finchley conveyancing firms themselves provide us confirmation that they are on the Santander conveyancing panel as opposed to being supplied with a list from Santander directly.
It is unclear whether my mortgage offer requires a lease extension. I have called into my local Finchley building society branch on numerous occasions and was told it does not affect the mortgage offer and they will lend. My Finchley conveyancing solicitor - who is on the mortgage company conveyancing panel- called to say that they refuse to lend based on their published requirements. Who do I believe?
Your property lawyer must comply with the CML Handbook section two provisions for your lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
I am due to exchange contracts on my house. I had a double glazing fitted in June 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Virgin Money are being pedantic. The Finchley solicitor who is on the Virgin Money conveyancing panel is recommending indemnity insurance as a solution but Virgin Money are insisting on a building regulation certificate. Why do Virgin Money have a conveyancing panel if they don't accept advice from them?
It is probably the case that Virgin Money have referred the matter to their valuer. The reason why Virgin Money may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Co-operative have agreed my mortgage in principle, my bid on a house in Finchley has been agreed to, what happens next?
Your property agent will want to be advised as to your lawyer's details (make sure the lawyers are on the lender’s approved list). Call up Co-operative or your financial adviser and finalise any relevant paperwork. Co-operative will instruct a valuer who will get in contact with the selling agent or owners to arrange a slot for the valuation to occur. Once carried out (assuming no problems) it takes about a week to receive the mortgage offer. Co-operative will send the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Finchley.
I need some expedited conveyancing in Finchley as I have pressure to exchange contracts within one month. A mortgage is not required. Is it possible to escape the need for conveyancing searches to save fees and time?
If.Given you are not taking a home loan you are at liberty not to do searches although no conveyancer would advise that you don't. Drawing on years of experience of conveyancing in Finchley the following are examples of what can crop up and therefore affect future mortgageability: Enforcement Notices, Outstanding Charges, Overdue Grants, Road Schemes,...
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what should have been a simple, no chain conveyancing. Finchley is the location of the property. Is there any advice you can give?
Flying freeholds in Finchley are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Finchley you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Finchley may ascertain 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 premises.
My brother has urged me to appoint his conveyancing solicitors in Finchley. Should I choose my own solicitor?
No doubt it’s preferable to find a conveyancing solicitor is to get recommendations from friends or relatives who have actually previously instructed the firm you're contemplating using.