I am buying an apartment in Tottenham. My property lawyer is not listed on the mortgage company conveyancing panel. Is it possible for me to retain my Tottenham conveyancing solicitor notwithstanding that they are not on the bank panel?
One must instruct a conveyancing practitioner to complete the legal work required if you take out a loan to purchase your property. The conveyancer will conduct all the relevant due diligence on the property, ensuring that you’re registered as proprietor and ensure that all the necessary mortgage documentation is dealt with. You can select a Tottenham conveyancing practitioner of your choice. Nevertheless, if the conveyancing practitioner appointed is not a member of the lender approved list further charges will arise as separate legal representation will be need by the bank. Lender panel applications can be submitted, so where your conveyancer has not in the past applied for membership they should do so.
It is a dozen years since I bought my home in Tottenham. Conveyancing lawyers have just been retained on the sale but I can't track down the deeds. Will this cause complications?
You need not be too concerned. First the deeds may be kept by your mortgage company or they could still be with the conveyancers who handled the purchase. Secondly the likelihood is that the land will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing solicitors obtaining up to date copy of the land registers. The vast majority of conveyancing in Tottenham involves registered property but in the unlikely event that your home is not registered it is more of a problem but is resolvable.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Tottenham. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 18/11/2024, the requirements read as follows :
I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a simple, no chain conveyancing. Tottenham is where the house is located. What do you suggest?
Flying freeholds in Tottenham are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Tottenham you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Tottenham may ascertain 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 property.
I am downsizing from my house. My previous solicitors has retired. I would be grateful for any recommendation of a conveyancing firm. Im based in Tottenham if that affects matters.
Do use our search tool to help you find a solicitor for your conveyancing in Tottenham. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
My partner has suggested that I use his lawyers for conveyancing in Tottenham. Should I choose my own property lawyer?
Much as we are happy to recommend a Tottenham conveyancing lawyer it’s preferable to select a conveyancing practitioner is to have feedback from friends or relatives who have actually used the solicitor you're are thinking of instructing.