My best friend’s brother is a conveyancer. I anticipate that I will receive mate’s fee for conveyancing, but if not, what kind of costs should I be paying for conveyancing in Pentonville?
Do contrast pricing. Do use our search tool on this page. The quotes may contrast greatly but the service one can expect are distinct between property lawyers as is true with the vast majority of professional services.
I am hoping to complete my purchase in Pentonville next Thursday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as she informs me that she is duty bound to validate that it is in order for the lender. What risks does the mortgage company expect the insurance to cover?
Any lawyer on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook instructions. These obligations are not specific to conveyancing in Pentonville.
This question may be naive but I am wet behind the ears as a 1st time purchaser of a ground floor flat in Pentonville. Do I pick up the keys to the premises on the completion date from my lawyer? If so, I will instruct a High Street conveyancing solicitor in Pentonville?
On the day of completion you do not need to attend the conveyancers office in Pentonville. Your solicitors will transfer the purchase money to the seller's solicitors, and once they have received this, you will be able to collect the keys from the selling Agents and start moving into the property. Usually this happens early afternoon.
Does a directory service exist listing Santander panel solicitors in Pentonville on the UK Finance Lenders’ Handbook Website?
No. There is no such facility on the CML or Building Society Association websites. A small selection of lenders make their panel listings open the public on the web. If you are seeking to appoint a Pentonville property lawyer on the Santander please make the most of our tool.
Having read lots of mortgage guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Pentonville solicitor - who is on the Virgin Money conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Virgin Money will need an independent valuation of the property. Your lawyer will not arrange this. Usually Virgin Money will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Pentonville surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
My wife and I purchased a semi-detached Victorian house in Pentonville. Conveyancing lawyer represented me and Norwich and Peterborough Building Society. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, another for leasehold with the exact same property. Is it worth asking Norwich and Peterborough Building Society to clarify?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Pentonville and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with your conveyancing practitioner who conducted the conveyancing.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a straight forward, no chain conveyancing. Pentonville is the location of the property. Is there any guidance you can impart?
Flying freeholds in Pentonville are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Pentonville you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Pentonville may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
How can the Landlord & Tenant Act 1954 impact my commercial premises in Pentonville and how can your lawyers assist?
The particular law that you refer to gives protection to commercial tenants, giving them the right to make a request to court for a new tenancy and continue in occupation at the end of the lease term. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Pentonville is one of the many locations in which the firms we work with have offices