Me and my partner are purchasing a 2 bedroom apartment in Holland Park with a mortgage. We wish to retain our Holland Park conveyancer, but the lender says she’s not on their "panel". We have to appoint one of the lender panel solicitors or keep our Holland Park lawyer and pay for one of their panel firms to represent them. We consider that this is unjust; is there anything we can do?
Unfortunately,no. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Holland Park conveyancing solicitor to apply to be on the conveyancing panel.
Do commercial conveyancing searches disclose impending roadworks that may impact a commercial estate in Holland Park?
Its becoming the norm that commercial conveyancing solicitors in Holland Park will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Holland Park. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Holland Park.
For every commercial conveyancing transaction in Holland Park it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can result in delays to Holland Park commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not conducted for domestic conveyancing in Holland Park.
It has been four months following my purchase conveyancing in Holland Park completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Just had an offer accepted on a new build apartment in Holland Park. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Holland Park
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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 surveyor prepared. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
We are four weeks into a leasehold purchase having been referred to conveyancers by the selling agent to perform conveyancing in Holland Park. I am am very dissatisfied with the level of service. Can you help me find new solicitors?
They would need to be very bad to suggest replacing them. Has the mortgage been issued? In the event that it has you must inform them of the new conveyancer and get the mortgage documents are re-sent. Your new solicitor ideally should be on the lenders approved list to avoid supplemental costs and delays. So that should be your starting point. Our search tool should help you find a bank approved solicitor for your conveyancing in Holland Park
What tools are available to find a Holland Park conveyancing solicitor on the mortgage company conveyancing panel? I have a car and am prepared to travel up to 25kilometers to meet the solicitor.
Feel free to make use of the find a conveyancing panel tool on this website. Please choose the lender and your location, in this case Holland Park and you will see a number of lawyer located nearest Holland Park. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the mortgage company solicitor panel.