I was advised recently by my lender that my Highbury lawyer is not on the mortgage company Conveyancing panel. How can I be certain that this is indeed the case?
The sensible course of action for you to take is to contact your Highbury lawyer directly. You lawyer should advise you what has happened. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your bank.
Have just purchased a probate house at auction in Highbury. Conveyancing is required. What happens now?
Given that you are now exchanged you will need to instruct a conveyancing practitioner quickly as you will have a tight a drop dead date to complete the deal. All auction property should have a bespoke legal set of papers. This will likely include most,if not all of the paperwork that your conveyancer will need. In the case of leasehold premises the conveyancing papers may provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation specific to leasehold premises. You should hand this to the lawyer instructed by you ASAP. You also need to ensure that that you have the requisite funding in order to complete the transaction on the set completion date.
My conveyancer has informed me that defective lease insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Highbury?
The appropriate level of defective lease indemnity insurance depends on your lender. It would differ for example between Santander and Chelsea Building Society. Conveyancing lawyers as opposed to borrowers take out such insurances.
The formalities of my purchase has taken place for my property in Highbury. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. We understand that complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
How does conveyancing in Highbury differ for newly converted properties?
Most buyers of new build or newly converted property in Highbury contact us having been asked by the builder to sign contracts and commit to the purchase even before the property is ready to move into. This is because developers in Highbury usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Highbury or who has acted in the same development.
In what way can the Landlord & Tenant Act 1954 impact my business premises in Highbury and how can your lawyers assist?
The particular law that you refer to affords a safeguard to business leaseholders, giving them the a statutory right to apply to court for a continuation of occupancy when the lease reaches an end. There are limited grounds that a landlord can refuse a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and help with commercial conveyancing in Highbury
I am thinking of appointing a conveyancing lawyer in Highbury for my house move. Is there any facility to review a firm’s record with the legal regulator?
Members of the public can read documented Solicitor Regulator Association (SRA) decisions stemming from investigations from 2008 onwards. Go to Check a solicitor's record. To find details Pre 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, call +44 (0)121 329 6800. The regulator may recorded call for training purposes.
Are you able to clarify what options are available to me if my Highbury conveyancing searches reveals adverse results?
Ordinarily, almost all issues arising from Highbury conveyancing search results can be dealt with in advance of completion or indemnity insurance could possibly be taken. You should remember that regardless of the fact that you may be buying the property and may be content to live with the search results, your building society or bank may not, and when all said and done the decision rests with them.