I am expecting a mortgage with Santander. My intention is to use a Licensed Conveyancer in Southgate. Does the Santander Solicitor panel allow for conveyancers regulated by the CLC?
The Santander conveyancing panel is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
I have given 2 months notice to my existing landlord and must vacate my rented flat in Southgate by 20/10/2025. Conveyancing on my purchase has just started. How realistic is it to complete in a couple of weeks as don't want to have to find short term accommodation?
It is unwise to provide notice for your letting until you have exchanged. Assuming that you have not previously done so, notify to your conveyancer and ask them to they apply pressure on the other side, try to get a realistic time scale from them that everyone will aim to achieve
Is it necessary during the course of the conveyancing process to pop into the offices of the solicitor to sign the mortgage deed? If so, I will instruct a firm who offer conveyancing in Southgate so that I can pop in to their offices if required.
Whereas this was necessary 12 years ago, the vast majority mortgage companies no longer need their conveyancing panel solicitor to witness the borrowers signature. It will still be necessary for you to supply ID documents and there are still distinct benefits to instructing a local ayer, in your situation a conveyancing solicitor in Southgate.
I can see plenty of here concerning conveyancing in Southgate but what is your top tip for appointing the right conveyancer in Southgate
We would encourage you not to base your choice on the lowest Southgate conveyancing fees. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
My lawyer has informed me that chancel insurance is necessary on my purchase. What is the level of cover for Southgate conveyancing?
The appropriate level of chancel indemnity insurance depends on who your lender is. It would differ for example between National Westminster Bank and Virgin Money. Conveyancing lawyers as opposed to borrowers take out such insurances.
We previously appointed solicitors with offices in Southgate on the Yorkshire BS solicitor panel. They are now charging me a supplemental fee for handling the Yorkshire BS mortgage. Is this an additional conveyancing fee set by Yorkshire BS?
Unfortunately, so long as it is in their Terms and Conditions or estimate then yes your conveyancer may charge a fee for this. The charge is not dictated by Yorkshire BS but by your Southgate solicitor. Plenty of firms on the Yorkshire BS panel will levy an ‘acting for lender’ fee but some practices include it on their overall fee.
I am buying a new build house in Southgate with the aid of help to buy. The builders refused to reduce the amount so I negotiated £7000 of additionals instead. The sale representative advised me not to tell my lawyer about this deal as it could impact my loan with the lender. Is this normal?.
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.
How simple is it to use your search facility to choose a conveyancing practitioner in Southgate on the authorised to act for my bank?
1st choose a bank such as National Westminster Bank, Coventry Building Society or Aldermore then specify your location for example Southgate. Conveyancing organisations in Southgate and beyond will then be shown.