Me and my partner are acquiring a ground floor flat in Brent Cross. My lawyer has never been on on the lender solicitor list. Is it possible for me to use my Brent Cross conveyancing solicitor even though they are excluded from the lender list of approved lawyers?
You will need to instruct a property lawyer to deal with the formalities when you require a mortgage to buy your home. The property lawyer will conduct all the necessary legal checks on the property, ensuring that you’re properly registered as the owner and ensure that all the required mortgage documentation is dealt with. You may appoint a Brent Cross solicitor of your choosing. Nevertheless, where the lawyer appointed is not a member of the mortgage company approved list supplemental charges will be incurred as separate legal representation will be need by the lender. Lender panel applications may be submitted, so provided your lawyer has not historically sought membership they should do so.
Have completed on a a terraced house in Brent Cross , how long will it take for the Land Registry to deal with the formalities evidencing my ownership? My Brent Cross conveyancing solicitor has been painfully slow, so I want to check the post completion formalities are concluded.
As far as conveyancing in Brent Cross registration is no quicker or slower than anywhere else in the country. As opposed to being determined by geographic area, timeframes can vary depending on who lodges the application, whether it is in order and whether the Land registry communicate with any interested parties. At present approximately 80% of such applications are fully addressed in less than three weeks but some can be subject to protracted hold-ups. Registration occurs after the new owner is living at the premises so post completion formalities is not always an essential issue yet if it is urgent that the the registration takes place urgently then you or your lawyers should speak with the land registry and explain the circumstances.
I am buying a new build apartment in Brent Cross. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Brent Cross
There must be mutual enforceability of lessee’s covenants. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are architect prepared.
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a simple, chain free conveyancing. Brent Cross is the location of the property. What do you suggest?
Flying freeholds in Brent Cross are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Brent Cross you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Brent Cross may determine 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 premises.
Should I appoint a Brent Cross conveyancing lawyer in close proximity to the house I am hoping to buy? We have a good friend who can handle the legal formalities but they are based approximately 350miles away.
The primary upside of using a high street Brent Cross conveyancing practice is that you can attend the office to sign documents, present your ID and apply pressure on them where appropriate. They will also have local knowledge which is a plus. That being said it's more important to get someone that will do a good and efficient job. If other friends have used your friend and in the main were happy that should trump using an unfamiliar Brent Cross conveyancing lawyer just because they are local.
Myself and my husband have just had an offer accepted on a house and had meeting on Tuesday with the Post Office for the mortgage. They warned me that when it comes to selecting a property lawyer that if they are not on their approved panel of conveyancing practitioners then we will have to pay out an additional charge of about two hundred pounds. This is because they would then have to instruct a solicitor to act on their behalf as well as the one we appoint on our behalf and we assume responsibility for their fees. I have asked the Post Office to furnish me with a list so I can seek estimates only from their approved lawyers but was told they dont have such a list to hand over. Is there a simple way of finding out who is on a lender panel?
You should ask the Post Office what their criteria for joining their panel is for a solicitor.Then ask the property lawyer of your choice whether they meet the criteria and have they acted on loans for the Post Office previously. If the answer to those is yes, then just double check with the Post Office. Alternatively please make use of our search facility and we may be able to locate a lawyer in Brent Cross on the approved list for the Post Office.