My financial adviser says he needs my Barbican law firm’s panel member for the Nationwide conveyancing panel. Can you suggest how I discover this. I have tried my local Barbican branch but they don't know it.
You are best placed to get this information from your Barbican property lawyer . They should have a central record lender panel numbers.
My son is in the process of securing a house that has just been built in Barbican with a home loan from RBS. His conveyancer has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The form is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the RBS conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the RBS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
It is 10 years ago since I purchased my home in Barbican. Conveyancing lawyers have recently been retained on the sale but I can't locate my deeds. Will this cause complications?
You need not be too concerned. First the deeds may be kept by your lender or they may be in the possession of the lawyers who acted in your purchase. Secondly in all probability the land will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors obtaining up to date copy of the land registers. Most conveyancing in Barbican involves registered property but in the unlikely event that your property is unregistered it is more of a problem but is not insurmountable.
I am buying a victorian detached house in Barbican. The intention is to carry out an extension to the side at the property.Will legal work on the property involve checks to ascertain if these alterations are permitted?
Your conveyancer should review the registered title as conveyancing in Barbican can on occasion identify restrictions in the title deeds which prevent categories of works or require the consent of another owner. Some additions require local authority planning consent and approval under the building regulations. Some areas are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. It would be sensible to check these things with a surveyor prior to committing yourself to a purchase.
I currently have a mortgage with Clydesdale for my property in Barbican. Conveyancing has been completed 12 months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Clydesdale?
You must advise Clydesdale in advance of renting your property as this is likely to be a breach of Clydesdale’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Clydesdale directly. It should not be necessary to do this via a Clydesdale conveyancing panel firm.
At last I have had an offer on a maisonette in Barbican agreed to, but there is a chain. The owners have put an offer on on an apartment, but it’s not been accepted yet, and have viewings of other properties in the pipeline. I have chosen a high street conveyancing solicitor in Barbican. What should be my next step? At what stage should I apply for the mortgage with Santander?
It is normal to have anxieties where there is a chain as you are unlikely to want to incur expenses prematurely (home loan application is approx one thousand pounds, then valuation, Barbican conveyancing search charges, etc). First, you should ensure that your solicitor is on the Santander conveyancing panel. Concerning the next steps this very much depends on the specifics of your transaction, motivation for the property and on the state of the market. In a rising market many purchasers will apply for a home loan with Santander and arrange for the valuation and only if it was satisfactory would they pay their conveyancer to press on with searches.
The deeds to our property are lost. The conveyancers who dealt with the conveyancing in Barbican 10 years ago have long since closed. Will I be able to sell the house?
Assuming the title is registered the information relating to your ownership will be retained by the Land Registry with a Title Number. It is possible to perform a search at the Land Registry, locate your property and obtain up to date copies of the property title for less than a fiver. If the property is Leasehold then the Land Registry will also normally hold a certified copy of the Registered Lease and again, a copy can be obtained for a small fee.
Been looking for a conveyancing practitioner for freehold sale conveyancing in Barbican. We are selling, simple no mortgage to pay off, no rush, no onward chain. Got an estimate from a conveyancer for £900 plus VAT which is a little expensive given that its so straightforward. Can I pay less for conveyancing in Barbican?
Given that it’s a sale only, £425 + VAT should be about the cheapest for sale conveyancing in Barbican.