I plan on purchasing a maisonette in Colindale. My Solicitor has never been on on the bank conveyancing panel. Is it possible for me to appoint my Colindale conveyancing solicitor notwithstanding that they are excluded from the bank list of approved lawyers?
You must instruct a solicitor to deal with the formalities if you require a loan to purchase your home. They will conduct all the essential due diligence on the property, make sure that you will be registered as proprietor and ensure that all the required mortgage paperwork is in order. You may appoint a Colindale lawyer of your choice. Nevertheless, where the conveyancer selected is not a member of the mortgage company solicitor panel additional fees will arise as separate legal representation will be need by the bank. Lender panel applications may be submitted, so provided your solicitor has not historically sought membership they should do so.
Do I need to have a meeting at the offices of the solicitor to execute the mortgage deed? If so, I will choose one who does conveyancing in Colindale so that I can pop in to their offices if necessary.
These days approved lawyers for mortgage companies carry out all of the communications through the post, internet or over phone calls. This enables them to carry out the legal work for your home move regardless of where you live in England or Wales. However you can check if you can still book an appointment to visit conveyancing lawyer if just in case this is required.
I am helping my sister sell her house in Colindale. Will the conveyancing solicitor commission an energy assessment or it is for me to see to?
Following the abolition of HIPs, energy performance certificates was kept a compulsory part of moving house. An energy performance certificate must be to hand in advance of the property being advertised. This is not as aspect of the sale process that lawyers normally arrange. If you are using a Colindale conveyancing lawyer they might help arrange energy assessments given their relationships with long established local assessors
Last month we had a mortgage agreed in principle with Coventry BS. Colindale conveyancing lawyers were selected. What is the average time that one could expect to receive a mortgage offer from Coventry BS?
Some lenders take longer than others. Have Coventry BS done the valuation? Have you advised Coventry BS as to your lawyers' details and checked that your lawyers are on the Coventry BS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
The formalities of my purchase has taken place for my property in Colindale. Conveyancing was a necessary evil but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
All lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. In most cases complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
A relative suggested that if I am buying in Colindale I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually quoted for as part of the standard Colindale conveyancing searches. It is a large document of more than thirty pages, listing and detailing important information about Colindale around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with plans and statistics, Local Amenities and other useful information concerning Colindale.
Over the last few months I have been searching for a flat up to £245,000 and found one close by in Colindale I like with a park and station in the vicinity, however it's only got 51 years on the lease. I can't really find anything else in Colindale in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a home loan the shortness of the lease will likely be an issue. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of 2 years you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.
I need to change lawyers as my Colindale lawyer is not on the bank's panel of conveyancing solicitors. Is it practical to instruct different lawyers?
If you haven't yet instructed a solicitor to commence the conveyancing and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Colindale that you're thinking of instructing.