My wife and I are intent on buying property in Friern Barnet. My Solicitor is not on the mortgage company conveyancing panel. Can I still continue with my Friern Barnet conveyancing solicitor even though they are not on the mortgage company panel?
One will need to instruct a conveyancing practitioner to deal with the legal work required when you need a mortgage to buy your home. The conveyancing practitioner will conduct all the relevant legal checks on the property, make sure that you’re registered as proprietor and ensure that all the necessary mortgage documentation is dealt with. One could appoint a Friern Barnet conveyancer of your choosing. However, if the conveyancer appointed is not a member of the mortgage company approved list further fees will be levied as separate legal representation will be need by the bank. Conveyancing panel applications can be submitted, so where your conveyancer has not previously applied for membership they should do so.
Can the conveyancing practitioners that you recommend conduct auction conveyancing in Friern Barnet?
There are a few auction lawyers we can connect you with those specialising in auction conveyancing. Friern Barnet is just one of hundreds of areas of where our lawyers are based.
I am mortgaging my house in Friern Barnet, does my lawyer have to be on the UBS Conveyancing panel?
There is nothing to stop you using your solicitor, but UBS will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
Should commercial conveyancing searches reveal planned roadworks that could affect a commercial property in Friern Barnet?
Its becoming the norm that commercial conveyancing solicitors in Friern Barnet will order a SiteSolutions Highways report as it reduces the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Friern Barnet. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Friern Barnet.
For every commercial conveyancing transaction in Friern Barnet it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Friern Barnet commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Friern Barnet.
Are there restrictive covenants that are commonly picked up during conveyancing in Friern Barnet?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Friern Barnet. 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'm converting the mortgage on my existing property to a BTL mortgage with Clydesdale and I will use the ballance of the raised equity as a down payment on further property. The area we are looking at is Friern Barnet. Will your lawyers be able to act for both sets of mortgage companies and link together the transactions?
Make use of our search tool on this site to be sure that the lawyers are approved by both banks. Assuming that they are your conveyancer should be able to tie up the two conveyancing matters but you should have a chat with you solicitor and communicate your expectations and needs.