My IFA has asked me for my Colliers Wood solicitor’s panel reference for the Nat West conveyancing panel. How do I obtain this. I have contacted my local Colliers Wood branch but they have not got back to me yet.
Have you tried calling your Colliers Wood property lawyer about this?. They retain a central record lender panel numbers.
The vendors of the property we are purchasing have instructed a conveyancing firm in Colliers Wood who has suggested a lock out contract with a down payment 6,000. Are such agreements sensible?
There are two main concerns with entering into any lock out contract (sometimes referred to as an exclusivity agreement) is that it takes away the focus from progressing with the conveyancing process, so in the absence of it needing little or no negotiation then it could transpire to be a cause of frustration and delay. It is not strongly advocated by Colliers Wood conveyancing practitioners for this reason. A supplemental negative is the extent of the remedies available - a jilted purchaser is not likely to obtain an injunctive ruling by a court to bar the owner completing the sale to another buyer, so the only remedy open via the agreement will be the recovery of abortive costs and, in limited scenarios, the extra payment of damages.
I am helping my niece sell her property in Colliers Wood. Does the solicitor order the energy assessment or it is for the owner to see to?
After the abolition of Home Information Packs, energy performance certificates was kept a compulsory element of moving property. An EPC needs to be to hand prior to the property being advertised. This is not as aspect of the sale process that solicitors ordinarily arrange. If you are using a Colliers Wood conveyancing solicitor they might be able to arrange EPC’s due to their relationships with long established local providers
A colleague pointed out to me me that in purchasing a property in Colliers Wood there may be a number of restrictions affecting the ability to carry out external changes to a property. Is this right?
There are anumerous of properties in Colliers Wood which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Colliers Wood should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
My husband and I are in the throws of viewing apartments in Colliers Wood and I am now considering a potential offer. Is it premature to have a solicitor in place? I will be getting a home loan with HSBC.
It would be wise to instigate your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. Given that you are obtaining a mortgage with HSBC, ask your prospective lawyers if they are on the HSBC conveyancing panel otherwise they can't do the mortgage legal work.
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what was supposed to be a simple, chain free conveyancing. Colliers Wood is where the house is located. Can you shed any light on this issue?
Flying freeholds in Colliers Wood are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Colliers Wood you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Colliers Wood 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 residence.
I have been pointed in your direction by a number of property agents in Colliers Wood to select a conveyancer on your site. Is there a financial upside for Estate Agents to market your services over alternative conveyancing organisations?
We don’t offer any financial incentive for sending work to this site. We found it would be just too difficult a fee because a client could think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
The lawyers conducting our conveyancing in Colliers Wood has forwarded papers to review that state the land is unregistered with epitome documents. How can it be that the property not currently recorded at the Land Registry?
Much of the property in Colliers Wood is registered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Plenty of Colliers Wood conveyancing practitioners will be capable of dealing with such matters but if any uncertainty prevails the usual guidance presently seems to be for the seller to register it first and subsequently deal with the transfer to the buyer - this undoubtedly cause a prolonged home move.