Much to our surprise we have been told by our financial adviser that my King's Cross property lawyer is not on the mortgage company Conveyancing panel. What can I do to check?
Your first step should be to call your King's Cross conveyancer. It is reasonable to expect your lawyer to advise you what has happened. If they are not on the panel they may be able to suggest a King's Cross conveyancing practice that is on the approved list of lawyers for your bank.
Would the conveyancing lawyers Indexed on your site handle auction conveyancing in King's Cross?
There are a few auction lawyers we can connect you with those who can conduct auction conveyancing. King's Cross is just one of our areas of where our lawyers cover.
The King's Cross conveyancing solicitors that I appointed last week on my house acquisition in King's Cross have suddenly shut down. I chose them because I had to have a firm on the Skipton conveyancing panel and my preferred King's Cross lawyer was not. I paid them 275 plus VAT in advance. What are my options?
Assuming that you have an Estate Agent in the equation then inform them immediately so that they advise the vendors that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Skipton conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to assist.
Should commercial conveyancing searches reveal planned roadworks that may affect a commercial site in King's Cross?
Many commercial conveyancing solicitors in King's Cross will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in researching accurate data on highways that impact buildings and development assets in King's Cross. 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 King's Cross.
For every commercial conveyancing transaction in King's Cross it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may result in delays to King's Cross commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not ordered for residential conveyancing in King's Cross.
I used Wolstenholmes a few years past for my conveyancing in King's Cross. I now require my file however the law firm has closed. 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 King's Cross of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm buying a new build house in King's Cross with a loan from Alliance & Leicester . The sellers refused to move on the price so I negotiated £7000 of fixtures and fittings instead. The house builders rep suggested that I not reveal to my conveyancer about the deal as it will jeopardize my loan with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.