My Barnet conveyancer has spotted a discrepancy between the information in the valuation survey and what is in the title deeds. My solicitor informs me that he is obliged to ensure that the lender is happy with this discrepancy and is content to go ahead. Is my lawyer’s stance legitimate?
Your property lawyer must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
We are planning to acquire a flat and require a conveyancing solicitor in Barnet who is on the Kent Reliance solicitor panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Kent Reliance . We don't recommend any particular firms conducting conveyancing in Barnet.
I have recentlybecome aware that Wolstenholmes have been shut down. They conducted my conveyancing in Barnet for a purchase of a leasehold flat 9 months ago. How can I check that my home is in my name in the name of the previous owner?
The easiest method to see if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Barnet conveyancing specialists.
I'm buying my first flat in Barnet with the aid of help to buy. The builders refused to reduce the price so I negotiated 6k of extras instead. The house builders rep advised me not inform my conveyancer about this deal as it will affect my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder 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.
I opted to have a survey done on a house in Barnet in advance of instructing lawyers. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some banks tend not issue a mortgage on this type of home.
It depends who your proposed lender is. HSBC has different instructions from Nationwide. Should you wish to call us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Barnet. Conveyancing will be smoother if you use a solicitor in Barnet especially if they are accustomed to such properties in Barnet.
How does the Landlord & Tenant Act 1954 affect my commercial premises in Barnet and how can your lawyers assist?
The particular law that you refer to affords protection to commercial leaseholders, giving them the legal entitlement to make a request to court for a new lease and continue in occupation when the lease reaches an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and handle your commercial conveyancing in Barnet