I plan on purchasing a ground floor flat in Harrow. My property lawyer is not listed on the mortgage company conveyancing panel. Am I still permitted to appoint my Harrow conveyancing solicitor notwithstanding that they are not on the mortgage company panel?
Various options include
- Complete the purchase with your preferred Harrow property lawyer but your bank will no doubt use a conveyancer from their approved panel. The net result is additional cost together with potential interruption.
- Appoint a fresh lawyer to act in the purchase, ensuring that they are on the bank conveyancing panel.
- Convince your conveyancer to seek to join the mortgage company panel
My wife and I have recently purchased a house in Harrow. We have noticed several problems with the house which we believe were omitted in the conveyancing searches. Do we have any recourse? What searches should? have been conducted as part of conveyancing in Harrow?
The question is not clear as what problems have arisen and if they are specific to conveyancing in Harrow. Conveyancing searches and due diligence initiated during the buying process are supposed to help avoid problems. As part of the process, the vendor fills in a questionnaire referred to as a Seller’s Property Information Form. answers turns out to be misleading, you may have a misrepresentation claim against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Harrow.
My flat in Harrow is up for sale and I have accepted an offer. Will my lawyer have to be on the Nationwide conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Nationwide conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently currently.
Due to the encouragement of my in-laws I had a survey completed on a house in Harrow in advance of instructing conveyancers. I have been informed that there is a flying freehold aspect to the property. Our surveyor advised that some mortgage companies tend not grant a loan on such a home.
It depends who your proposed lender is. Santander has different requirements from Halifax. Should you wish to telephone us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Harrow. Conveyancing may be slightly more expensive based on your lender's requirements.
My company is hoping to lease a unit on the high street. Can you recommend solicitors offering no-sale-no fees for commercial conveyancing in Harrow for below £1,200?
We can recommend firms who host a wealth of experience of commercial conveyancing in Harrow, including the sale and acquisition of businesses as well as simply premises. Whether you are looking to purchase or dispose of a shop, pub, restaurant, office, retail unit or a complete business we can put you in touch with the right firm. As for the charges this will depend on the structure and terms of the proposed transaction. Let us have your contact information or email so as to enable us to supply you with a fixed commercial conveyancing quote.
I today plan to offer on a house that seems to meet my requirements, at a reasonable price which is making it all the more appealing. I have just discovered that it's a leasehold as opposed to freehold. I would have thought that there are issues purchasing a house with a leasehold title in Harrow. Conveyancing solicitors have are about to be appointed. Will they explain the issues?
The majority of houses in Harrow are freehold rather than leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can assist with the conveyancing process. it is apparent that you are purchasing in Harrow in which case you should be shopping around for a Harrow conveyancing solicitor and check that they have experience in dealing with leasehold houses. First you will need to check the unexpired lease term. As a leaseholder you will not be entirely free to do whatever you want with the house. The lease comes with conditions such as obtaining the landlord’sconsent to carry out alterations. You may also be required to pay a maintenance charge towards the maintenance of the estate where the property is part of an estate. Your lawyer should report to you on the legal implications.