I can't travel far from Camden. I would like to know the understand why all Camden lawyers are not on all lender panels?
Pre- 2008 most mortgage companies displayed an attitude to risk which differs from the current day. The financial regulator in 2010 conducted a thematic review into mortgage fraud which in summary warned lenders: know the property lawyers on your panel. As a result, mortgage companies have since soughtmore data from law firms concerning their operations and the staff who work for them and set certain criteria such as completing a minimum amount of transactions. Thousands of law practices have found themselves removed from lender panels even though they had an exemplary track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Many firms found it impossible satisfy the minimum volume of transactions the lenders required.
Can your site be used to recommend a Conveyancing solicitor in Camden even where I’m not purchasing or selling a house, for example if I intend to acquire a shop in Camden with a loan from Coventry Building Society?
Our comparison service is primarily there to locate residential conveyancing solicitors in Camden but we have recorded towards the end of this page some Camden commercial conveyancing firms. You will need to enquire with the company directly to see if they are also authorised to represent Coventry Building Society
Do I find a Licenced Conveyancer or Solicitor for conveyancing in Camden?
Two types of professional can execute conveyancing in Camden namely licenced conveyancers or solicitors. Both professionals provide the legal services that required to complete the sale or acquisition of property. Both are required to handle Camden conveyancing to the same standards and guidelines so you may be sure that your conveyancing will be professionally administered and that all necessary steps should be accurately attended to.
I am currently in the process of buying my council flat in Camden. I have a mortgage agreed with Santander. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Santander, you will need to appoint a solicitor on the Santander conveyancing panel.
Our sealed bid on a detached house in Camden has been agreed to, the owners do nevertheless have an associated purchase. The sellers have placed an offer on on an apartment, but it’s not yet agreed to, and are looking at other properties booked. I have chosen a local conveyancing solicitor in Camden. What should be my next step? When should I get the mortgage application with Yorkshire BS going?
It is normal to have concerns where there is a chain as you are unlikely to want to incur costs too early (home loan application is in the region of £1k, then survey, Camden conveyancing search costs, etc). The first thing to do is check that your solicitor is on the Yorkshire BS approved list. Regarding the subsequent steps this very much depends on the uniqueness of your transaction, motivation for the property and on the state of the market. In a rising market the majority of home buyers will apply for the mortgage with Yorkshire BS and pay for the valuation and only if it comes back ok would they pay their property lawyer to move forward with searches.
A friend suggested that if I am buying in Camden I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes quoted for as part of the standard Camden conveyancing searches. It is not a small report of more than thirty pages, listing and setting out significant information about Camden around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Camden Education with maps and statistics, Local Amenities and other useful data concerning Camden.
Having had my offer accepted I require leasehold conveyancing in Camden. Before diving in I would like to find out the unexpired term of the lease.
Assuming the lease is recorded at the land registry - and almost all are in Camden - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
After years of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Camden. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a absentee landlord or where there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to make a decision on the price payable.
An example of a Lease Extension decision for a Camden flat is Flat 2 27 Mackeson Road in December 2012. The Tribunal assessed the value of the lease extension premium at £35,435 and rounded the figure to £35,500 This case related to 1 flat. The unexpired lease term was 64.77 years.
Been searching for a conveyancing practitioner for freehold sale conveyancing in Camden. We are selling, simple no mortgage to redeem, no rush, no onward purchase. Had a quote from a solicitor for £1000 excluding VAT which is a tad expensive given that its so straightforward. Can I pay less for conveyancing in Camden?
Given that it’s a sale only, £450 + VAT is likely to be about the best for sale conveyancing in Camden.