Me and my partner are soon to exchange buying a house in Crouch End but as a consequence of wreckage from the recent storms I have was able negotiate recompense from the owner in the sum of £2k taking the form of a reduction in the price. I had intended this to be dealt with as part of the conveyancing process however Kent Reliance are not allowing this. Should they have been approached?
Any property lawyer that is on the Kent Reliance approved list is obliged to advise Kent Reliance of any changes to the sale price. If you were to refuse your lawyer to notify the price change to Kent Reliance then they would have to discontinue acting for you. In addition, Kent Reliance and you would have to appoint a new property lawyer for your conveyancing in Crouch End.
Having sold my house in Crouch End last June yet the purchaser is Skype messaging every few hours to moan that their solicitor needs to hear from mysolicitor. What should my lawyer have done now that I have sold?
Following your disposal your conveyancer is committed to send the transfer documentation and all supplemental paperwork to the buyer’s conveyancer. Where appropriate, your conveyancer must also confirm that the home loan has been paid off to the purchasers lawyers. There is unlikely to be post completion formalities peculiar conveyancing in Crouch End.
we are a couple who are buying a newbuild flat in Crouch End with a mortgage from Bank of Scotland.We would like to retain our Crouch End conveyancing practitioner but Bank of Scotland advised that his firm is not on their approved list of member firms. It seems we are left with no choice but to instruct a Bank of Scotland panel firm or keep our preferred solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; is there anything we can do?
No, not really. The mortgage offered to you is subject to its terms and conditions, a common one being that conveyancers will be on the Bank of Scotland approved list. in the past, most lenders 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. A further alternative is for your lawyer to apply to be on the conveyancing panel for Bank of Scotland
Will my lawyer be asking questions concerning flooding during the conveyancing in Crouch End.
The risk of flooding is if increasing concern for conveyancers dealing with homes in Crouch End. Some people will purchase a property in Crouch End, completely aware that at some time, it may be flooded. However, leaving to one side the physical destruction, where a house is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or sell the property. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.
Conveyancers are not best placed to impart advice on flood risk, however there are a numerous checks that may be undertaken by the purchaser or on a buyer’s behalf which will figure out the risks in Crouch End. The conventional set of information sent to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) contains a standard question of the vendor to find out whether the premises has suffered from flooding. In the event that flooding has previously occurred which is not notified by the seller, then a buyer may issue a legal claim for losses as a result of such an misleading answer. The purchaser’s lawyers will also order an environmental report. This should higlight whether there is any known flood risk. If so, additional inquiries will need to be initiated.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Crouch End. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Crouch End
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
My partner has recommend that I instruct his lawyers for conveyancing in Crouch End. Do I follow his guidance?
There are no two ways about it the best way to choose a conveyancing practitioner is to get feedback from friends or family who have previously instructed the conveyancer you're considering.