Can your site be used to recommend a Conveyancing solicitor in Colney Hatch even where I’m not buying or disposing of a house, for example where I want to acquire an office in Colney Hatch with a mortgage from Britannia?
The service is mainly utilised to locate residential conveyancing solicitors in Colney Hatch but we have listed towards the bottom of this page a selection of Colney Hatch commercial conveyancing firms. You will need to enquire with the firm directly to establish if they can also act for Britannia
We decided to purchase a purpose built apartment in Colney Hatch with a residential mortgage from The Mortgage Works.We have a Colney Hatch conveyancing practitioner but The Mortgage Works advised that he's not on their approved list of member firms. We have to appoint a The Mortgage Works panel lawyer or keep our local solicitor and pay for one of their panel ones to act for them. We feel as though this is unjust; is there anything we can do?
Unfortunately,no. The loan issued to you contains various provisions, one of which will be that lawyers must be on the The Mortgage Works solicitor panel. Until recently, most mortgage companies had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for The Mortgage Works
I just bought a house at auction in Colney Hatch. Conveyancing is required. What is next?
Given that you are now exchanged you should appoint a conveyancing practitioner soon as you are facing a pending deadline in which to complete the conveyancing. Every auction property will have a bespoke legal pack. This will include most,if not all of the paperwork that your conveyancer requires. Where you are dealing with leasehold premises the auction pack should include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork specific to a leasehold property. You need to pass this on to your appointed conveyancing solicitor as soon as possible. You also need to ensure that that you have the requisite funding in order to complete the transaction on the set completion date.
I'm the sole beneficiary of my late father’s will with all property in now in my sole name, including the my former home in Colney Hatch. The Colney Hatch property was put into my name in February. I plan to dispose of the house. I do know about the CML six month 'rule', meaning my property ownership will be treated the same way as though I had purchased the property in February. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be impacted by that. Some lenders would take a practical view as this provision chiefly exists to capture subsales or the wholesaling and assigning of property.
I am buying a property in Colney Hatch. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Virgin Money be concerned?
As your lender is Virgin Money your lawyer must comply with the conveyancing instructions outlined in Part two of UK Finance Lenders’ Handbook for Virgin Money. The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Virgin Money where a lease does not satisfy these provisions. The provisions relate to the installation of panels on properties nationwide and is not restricted to Colney Hatch.
Various internet forums that I have frequented warn that are a common reason for obstruction in Colney Hatch conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of hindrances in the conveyancing process. Local searches are unlikely to be the root cause of slowing down conveyancing in Colney Hatch.
I'm purchasing a new build house in Colney Hatch with a loan from Virgin Money. The sellers would not move on the amount so I negotiated £7000 of additionals instead. The estate agent advised me not reveal to my conveyancer about this side-deal as it would impact my loan with the lender. Do I keep my lawyer in the dark?.
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 am looking for a conveyancing lawyer in Colney Hatch for my remortgage. Can I review a firm’s complaints history with the legal regulator?
Members of the public may review published Solicitor Regulator Association (SRA) decisions resulting from investigations started on or after Jan 2008. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, use +44 (0)121 329 6800. The regulator may monitor telephone calls for training requirements.