Am I correct in assuming that the fact that my solicitor in High Holborn is not identified on my bank's conveyancing panel that there is a problem with the standard of the firm’s work?
That is most likely a wrong assumption to make. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) low volume of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the High Holborn conveyancing firm and enquire why they are no longer on the approved list for your mortgage company.
We were just about to sign contracts for a property in High Holborn. We encountered a problem. Our loan offer with The Mortgage Works runs out on 3/6/2025 but the owners are insisting on a completion date of 5/6/2025. Can one extend the loan offer?
The person best placed to address this concern is your solicitors who should determine if they better off negotiating with the lender, seller’s solicitors, estate agents or possibly all three taking into account the circumstances your conveyancing as of today.
I used Action Conveyancing a few years ago for my conveyancing in High Holborn. I now require my papers however the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in High Holborn of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am buying a new build flat in High Holborn. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in High Holborn
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are architect prepared. There must be mutual enforceability of lessee’s covenants. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I'm remortgaging my current home to a buy to let mortgage with Chelsea Building Society and I will use the ballance of the raised equity as a down payment on a second property. The neighborhood we are interested in is High Holborn. Will your lawyers be able to act for the two banks and tie in the conveyances?
Do use our comparison tool on this page to check that the solicitors are on the relevant lender panels. Assuming that they are the lawyer should be able to tie up the two conveyancing matters but you should have a chat with you conveyancer and specify your desired outcome and requirements.
In scouring the web for the phrase on line conveyancing in High Holborn it reveals numerous conveyancerslocally. How do I determine which is the right property lawyer for my move?
The preferential way of seeking the right conveyancer is through a personal referral, so enquire of friends and family who have acquired a property in High Holborn or the respected estate agent or financial adviser. Charges for conveyancing in High Holborn differ, so it's sensible to obtain a minimum of four fee estimates from different property lawyers. Make sure that you clarify that the fees are fixed.