I am hoping to receive a mortgage offer from Lloyds. I hope to retain the legal services of a Licensed Conveyancer in Mill Hill. Does the Lloyds Conveyancing panel exclude conveyancers regulated by the CLC?
The Lloyds conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
At what point does exchange of contracts take place for residential conveyancing in Mill Hill and do I need to attend the lawyers office?
If you are near to one of the conveyancing solicitors in Mill Hill you are welcome to attend to sign documents. However, the law practices we work with supply countrywide coverage for conveyancing and give just as comprehensive and professional a job for you when dealing with you electronically. The signing of the purchase agreement is not the point of no return. A signed contract is just a prerequisite for the firm to officially exchange at the suitable time, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Mill Hill)to be in the office at the appropriate time.
When it comes to lenders such as Bank of Ireland, do Mill Hill conveyancers face a fee to be on the conveyancing panel?
We are unaware of any bank fees to be on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
I am due to exchange contracts on my flat. I had a double glazing fitted in January 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Yorkshire BS are being difficult. The Mill Hill solicitor who is on the Yorkshire BS conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Yorkshire BS are requiring a building regulation certificate. Why do Yorkshire BS have a conveyancing panel if they don't accept advice from them?
It is probably the case that Yorkshire BS have referred the matter to their valuer. The reason why Yorkshire BS 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.
Clydesdale have agreed my mortgage in principle, my offer on a property in Mill Hill has been agreed to, what happens next?
The estate agent will wish to know who your solicitors are (be sure the solicitors are on the bank’s approved list). Call up Clydesdale or the financial adviser and finish off any appropriate forms. Clydesdale will sellect a valuer who will get in touch with the selling agent or owners to arrange a time for the valuation to occur. Once conducted (assuming no problems) it takes on average a fortnight to receive the mortgage offer. Clydesdale will issue the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Mill Hill.
We are purchasing a house and the solicitor has raised the issue of Chancel Repair for which the property may be liable given it’s proximity to the area of such a church. He has mentioned insurance. Is this really necessary for conveyancing in Mill Hill
Unless a previous purchase of the house took place after 12 October 2013 you can expect solicitors handling conveyancing in Mill Hill to continue to suggest a chancel search and or insurance against a claim.
I have been on the look out for a flat up to £245,000 and found one near me in Mill Hill I like with open areas and station in the vicinity, however it's only got 52 remaining years left on the lease. There is not much else in Mill Hill for this price, so just wondered if I would be making a grave error acquiring a short lease?
If you require a mortgage the shortness of the lease will likely be a potential deal breaker. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
I am thinking of appointing a conveyancing lawyer in Mill Hill for my remortgage. Is it possible to check a solicitor's complaints history with the legal regulator?
You can see presented Solicitor Regulator Association (SRA) determinations stemming from inquisitions from 2008 onwards. Go to Check a solicitor's record. For details about the period before 1 January 2008, or to check a firm's record, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The regulator could monitor call for training reasons.