Just been in touch with my conveyancing lawyer in Potters Bar who completed the legal work 18 months ago asking for a conveyancing estimate based on the same type of house sale & purchase (a leasehold premises and a freehold premises) of almost identical values with a home loan from Birmingham Midshires. It looks as though am now being quoted twice the amount. Should I look for an alternative conveyancer?
The costs illustration is fractionally on the high side. If you shop around you could shave off some of the cost by say £100 plus VAT. That being said, if you were happy with the service the firm gave you couldcome to rue opting for an an unknown solicitor. Remember to ensure the solicitor can also act for Birmingham Midshires. Do employ our search tool to select a Potters Bar conveyancing firm on the Birmingham Midshires approved list of lawyers, which can often include conveyancing solicitors in Potters Bar.
My fiance and I are hoping to buy a 2 bedroom flat in Potters Bar with a mortgage from Coventry Building Society.We would like to retain our Potters Bar conveyancing practitioner but Coventry Building Society says she’s not listed on their approved list of member firms. we are left little option but to use a Coventry Building Society panel solicitor or retain our high street solicitor and pay for a Coventry Building Society panel lawyer to represent them. We feel as though this is unjust; is there anything we can do?
No, not really. The loan offered to you contains terms and conditions, a common one being that lawyers will be on the Coventry Building Society solicitor panel. Until recently, most lenders had large numbers of solicitors 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 lawyer to apply to be on the conveyancing panel for Coventry Building Society
I am planning to move home in December. Does my conveyancing solicitor call the removal company on the completion day. As an aside, can you recommend a removal company in Potters Bar. Conveyancing firm was chosen prior to coming across this website.
On the day of completion you will need to pick up the keys from the selling agent but this can only take place once the vendors conveyancers advise the agent that they acknowledge receipt of the completion payment and the keys can be released. Subsequently you should advise the removal company that you are ready to move in. We are not in a position to suggest a particular removal organisation but can assist you in finding a conveyancing in Potters Bar or a firm that specialises in conveyancing in Potters Bar.
My wife and I purchasing a 4 bedroom semi-detached house in Potters Bar. The intention is to an extension at the rear at the property.Will the conveyancing process include investigations to ascertain if these works are allowed?
Your solicitor will check the deeds as conveyancing in Potters Bar will on occasion identify restrictions in the title deeds which restrict categories of changes or necessitated the consent of a 3rd party. Certain extensions require local authority planning permissions and approval in accordance building regulations. Certain locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these issues with a surveyor ahead of any purchase.
Two weeks ago we had a mortgage agreed in principle with Leeds Building Society. Potters Bar conveyancing lawyers were appointed. How long does it take for Leeds Building Society to issue the offer to the property lawyer?
Some lenders take longer than others. Have Leeds Building Society conducted the valuation? Have you informed Leeds Building Society as to your lawyers' details and checked that your lawyers are on the Leeds Building Society conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I've recently found out that there is a flying freehold element on a property I have offered on last month in what was supposed to be a quick, no chain conveyancing. Potters Bar is where the house is located. Is there any advice you can impart?
Flying freeholds in Potters Bar are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Potters Bar you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Potters Bar 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 premises.
Estate agents have just been given the go-ahead to market my 2 bed apartment in Potters Bar. Conveyancing lawyers have not yet been instructed, but I have just had a half-yearly service charge demand – Do I pay up?
It best that you clear the maintenance contribution as usual given that all rents and maintenance charges should be apportioned on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
My wife and I have hit a brick wall in negotiating a lease extension in Potters Bar. Can the Leasehold Valuation Tribunal adjudicate on premiums?
You certainly can. We can put you in touch with a Potters Bar conveyancing firm who can help.
An example of a Lease Extension case for a Potters Bar residence is Flat 2 2 Netherfield Road in April 2010. The Tribunale held that premium payable for a 90 year extension to the existing Lease should be £7,705. This case was in relation to 1 flat. The unexpired residue of the current lease was 76 years.
Do I need to visit the offices of the bank conveyancing panel solicitor to sign the legal charge? If so, I will instruct a firm who offer conveyancing in Potters Bar so that I can attend their offices if required.
As opposed to ten years ago, most lenders no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to provide ID Documents and there are still distinct advantages to using a local solicitor, in your case a conveyancing solicitor in Potters Bar.