I was notified yesterday by my financial adviser that my Southgate lawyer is not on the bank Solicitor panel. How can I be certain if this is indeed the case?
You need to call your Southgate lawyer directly. You lawyer should inform you of the situation. Where they are not on the panel they may be able to suggest a Southgate conveyancing practice that is on the approved list of lawyers for your lender.
I have 71 years remaining on my lease and require a lease extension for my apartment in Southgate. Conveyancing solicitors on the Chelsea Building Society panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 15/6/2025 the requirements read as follows :
We are buying a property in Southgate. It might be a silly question but how we can trust a solicitor? At some point we have to deposit our life savings into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
My bid for a property was accepted at auction in Southgate. Conveyancing is required. What happens now?
Now that you are legally bound yourself to purchase you must instruct a conveyancing solicitor as a matter of priority as you will have a tight a drop dead date to complete the purchase. Every auction property should have a bespoke legal set of papers. This will likely include most,if not all of the documents that your conveyancer requires. In the case of leasehold property the legal papers should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to leasehold premises. You must pass this on to the solicitor working for you as soon as possible. You also need to ensure that that you have the requisite funding organised to complete the transaction on the set completion date.
I am due to exchange contracts on my flat. I had a double glazing fitted in July 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Yorkshire BS are being problematic. The Southgate solicitor who is on the Yorkshire BS conveyancing panel is saying indemnity insurance will be fine 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.
Have completed on a a semi-detached house in Southgate , What is the estimated time for the Land Registry to record my ownership? My Southgate conveyancing solicitor has been painfully slow, so I want to be certain that my name is recorded.
There is nothing unique about conveyancing in Southgate registration formalities. Rather than based on location, timeframes can adjust according to the party submitting the application, whether there are errors and if the Land registry communicate with any other parties. As of today roughly 80% of submission are fully dealt with in less than three weeks but occasionally there can be longer hold-ups. Historically registration occurs after the new owner has moved in to the property thus post completion formalities is not usually an essential issue but where it is urgent that the the registration takes place urgently then you or your conveyancer could contact the land registry and explain the circumstances.
My company is wishing to lease a unit on a shopping parade. Can you recommend solicitors offering no-sale-no costs for non-domestic conveyancing in Southgate for less than 1500k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Southgate, including the disposal and purchase of businesses as well as simply premises. Whether you are hoping to acquire or lease a shop, pub, restaurant, office, retail unit or a complete business we will find you the right lawyer. Regarding the fees this will depend on the structure and terms of the deal. Let us have your details or email so as to enable us to supply you with a detailed commercial conveyancing quote.
I am about to complete buying a house in Southgate but as a consequence of wreckage from the recent storms I have negotiated recompense from the vendor of four thousand pounds taking the form of a reduction in the price. I had intended this to be addressed as part of the conveyancing process however the lender will not agree to this. Why were they notified?
The conveyancer that is on the bank conveyancing panel is required to inform the mortgage company of any variations to the purchase price. If you were to refuse your conveyancer to notify the reduction to your bank then they would have to disinstructing themselves from acting for you and the lender.