My partner and I are purchasing our first home. The conveyancing practitioner has contact usto check if we want to purchase extra conveyancing searches. We are really unsure what's needed for conveyancing in Highgate
The extent of Highgate conveyancing searches should be triggered based entirely on the property, the location, the likelihood of any of these risks, your familiarity of the area and risks, your general attitude to risk. What is important is that you adequately comprehend what information each search could give you. Then you can decide if you consider that you need that search. Should you be uncertain, ask your conveyancing practitioner to explain.
We are looking to buy a flat and need a conveyancing solicitor in Highgate who is on the Bank of Ireland approved panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Bank of Ireland . We don't recommend any particular firms conducting conveyancing in Highgate.
Is it the case that all Highgate solicitor firms on the Virgin Money conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Virgin Money approved list of solicitors they would need to be governed by the Solicitors Regulatory Authority. The majority of banks do list licenced conveyancers on their panel and in that case the practice would be governed by the Council of Licensed Conveyancers.
My wife and I are spending time viewing flats in Highgate and I am about to put in an offer. Is it too early to have a solicitor in place? I intend to finance via a home loan with Kent Reliance.
It would be prudent to instigate your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. Given that you are taking out a mortgage with Kent Reliance, make sure you remember to check that your lawyer is on the Kent Reliance conveyancing panel.
I am selling my apartment. I had a double glazing fitted in June 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Aldermore are being a right pain. The Highgate solicitor who is on the Aldermore conveyancing panel is recommending indemnity insurance as a solution but Aldermore are insisting on a building regulation certificate. Why do Aldermore have a conveyancing panel if they don't accept advice from them?
It is probably the case that Aldermore have referred the matter to their valuer. The reason why Aldermore may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Is it necessary to pay for insurance to protect me from financial exposure to chancel repairs when acquiring a property in Highgate?
Unless a previous purchase of the property took place post 12 October 2013 you may expect lawyers conducting conveyancing in Highgate to continue to propose a a chancel search and or insurance against a claim.
Over the last few months I have been searching for a flat up to £245,000 and found one round the corner in Highgate I like with open areas and station nearby, however it only has 61 remaining years left on the lease. There is not much else in Highgate in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a mortgage that many years will be an issue. Discount the price by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of twenty four months you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
Am I better off to instruct a Highgate conveyancing lawyer based in the area that I am hoping to buy? I have an old university friend who can carry out the legal formalities but her office is approximately 350miles away.
The primary upside of using a local Highgate conveyancing practice is that you can pop in to execute documents, deliver your ID and pester them if necessary. Having local Highgate know how is a plus. That being said it's more important to get someone that will pull out all the stops for you. If you know people who used your friend and in the main were happy that should trump using an unfamiliar Highgate conveyancing lawyer just because they are Highgate based.