We wanted to use a conveyancing solicitor in Hendon for our house move. Our financial adviser has since advised us that our mortgage company TSB won't deal with them. Why is this not regarded as unfair competition?
Lenders in the main restrict either the type or the number of conveyancing firms on their panel. A common example of such restriction(s) being that a law practice must have two or more partners. In addition to restricting the type of firm, some have reduced the number of firms they allow to act for them. Be aware that TSB have no responsibility for the quality of advice provided by any member of TSB Conveyancer Panel. Mortgage fraud was a key driver in the reduction of solicitor panels since 2008 even though there are differing opinions regarding the level of solicitor involvement in some of that fraud. Figures from the Land Registry indicate that thousands of law firms, including some in or near Hendon only perform very few conveyances a year.
We are planning to move home in January. Will my conveyancing solicitor liaise with the removal company on the day of completion. As an aside, can you recommend a removal company in Hendon. Conveyancing lawyer was found prior to coming across this website.
On the day of completion you can pick up the keys from the property agent but this can only be done once the previous owners conveyancers confirm to the agent that the monies to complete are in and the keys can be released. After that you will need to advise the removal company that they can start moving you in. As a matter of policy we do not recommend a specific removal company but can help you choose a conveyancing in Hendon or a solicitor that specialises in conveyancing in Hendon.
I have paid off my mortgage with Kent Reliance. I assume I don't need a Hendon lawyer on the Kent Reliance panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Kent Reliance mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Kent Reliance mortgage from the register. Kent Reliance, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Kent Reliance has sent the Land Registry the discharge electronically, and
- Kent Reliance has instructed the Land Registry to do so
TSB have agreed my mortgage in principle, my bid on a apartment in Hendon has been accepted, what are the next steps?
The property agent will want to know who your solicitors are (be sure the property lawyers are on the bank’s panel). Telephone TSB or the broker and finish off any appropriate paperwork. TSB will sellect a valuer who will get in touch with the estate agent or owners to schedule an appointment. Once conducted (assuming no problems) it takes approximately a week for the mortgage offer to be issued. TSB will send the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Hendon.
Are there restrictive covenants that are commonly identified during conveyancing in Hendon?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Hendon. 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 remortgaging my current property to a BTL loan with HSBC Bank and intend to use the remaining equity as a down payment on another property. The location we are looking at is Hendon. Will your lawyers be able to act for the two lenders and tie in the conveyances?
Make use of our search tool on this page to check that the conveyancers are on the appropriate lender panels. On the basis that they are your lawyer will be able to simultaneously deal with the two deals but you should talk with you solicitor and make apparent your expectations and requirements.
My father has encouraged me to use his lawyers for conveyancing in Hendon. Do I follow his recommendation?
Much as we are happy to recommend a Hendon conveyancing lawyer the best way to select a conveyancing practitioner is to have referrals from friends or family who have actually previously instructed the solicitor that you are contemplating using.
Do I need to have a meeting at the offices of the bank conveyancing panel solicitor to execute the mortgage deed? If so, I will appoint a lawyer who conducts conveyancing in Hendon so that I can attend their offices if required.
Whereas this was necessary 15 years ago, most lenders no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to provide ID Documents and there are still distinct advantages to using a local solicitor, in your case a conveyancing solicitor in Hendon.