I am considering applying for a Clydesdale mortgage for purchase of a new build (under development) in Crouch End with 60% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Clydesdale ?
In theory, you could use a solicitor that is not on the Clydesdale conveyancing panel, but Clydesdale would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
We are planning to move home in December. Should my conveyancing solicitor call the removal company on the day of completion. As an aside, can you recommend a removal company in Crouch End. Conveyancing solicitor was organised prior to coming across your page.
On the day of completion you will need to pick up the keys from your selling agent but this should only be done once the sellers conveyancers advise the agent that the monies to complete are in and the keys can be collected. You can inform the removal men that you are ready to move in. We do not recommend a specific removal company but can assist you in locating a conveyancing in Crouch End or a firm with expertise in conveyancing in Crouch End.
I'm at the point of viewing houses in Crouch End and I am about to put in an offer. Is it premature to have a solicitor in place? I intend to finance via a mortgage with Yorkshire BS.
You should start obtaining conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. Given that you are obtaining a mortgage with Yorkshire BS, make sure you remember to check that your lawyer is on the Yorkshire BS conveyancing panel.
The formalities of my purchase has taken place for my property in Crouch End. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
All banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. In most cases complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
I've recently found out that there is a flying freehold element on a house I have offered on a fortnight ago in what should have been a straight forward, no chain conveyancing. Crouch End is where the house is located. Can you shed any light on this issue?
Flying freeholds in Crouch End are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Crouch End you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Crouch End may decide 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 property.
I have been recommended by a few property agents in Crouch End to select a property lawyer using your seach tool. What’s the financial upside for Estate Agents to promote your lawyers over and above alternative conveyancing organisations?
We don’t make any referral fee for pointing buyers and sellers in our direction. We thought it would be too underhand a fee because a client could think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
We are 18 days into a leasehold purchase having been directed to a firm by the estate agent to execute conveyancing in Crouch End. I am am starting to be disappointed with the quality of service. Could you you assist me in finding new lawyers?
They would need to be really poor to suggest changing them. Has the loan offer been sent? If so you will need to advise them of the replacement lawyer and have the offer are re-sent. The conveyancer should be on the banks approved list to avoid supplemental fees and delays. So that should be your starting point. Our search tool should assist you in finding a lender approved lawyer for your conveyancing in Crouch End
Expecting to exchange soon on a garden flat in Crouch End. Conveyancing lawyers have said that they are sending me a report on Monday. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Crouch End should include some of the following:
-
Whether the lease restricts you from letting out the flat, or having a home office for business Repair and maintenance of the flat You need to be told what is to be regarded as a Nuisance as far as the lease is concerned Where does the liability rest for repairing the window frames What options are open to you if another tenant in the building is in violation of a provision in their lease?
I have attempted and failed to negotiate with my landlord to extend my lease without success. Can one make an application to the Leasehold Valuation Tribunal? Can you recommend a Crouch End conveyancing firm to act on my behalf?
in cases where there is a missing freeholder or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to calculate the premium.
An example of a Lease Extension matter before the tribunal for a Crouch End residence is Flat 2A 19 Shepherds Hill in June 2014. The tribunal concluded in accordance with section 48 and schedule 13 of the Leasehold Reform,Housing and Urban Development Act (the 1993 Act) that the premium payable in respect of the grant of a new lease for the Flat be £24,303 (twenty four thousand three hundred and three pounds) This case affected 1 flat. The unexpired term was 67.85 years.