My lawyer has discovered a defect with the lease for the apartment we are buying in Dollis Hill. The other side have suggested title insurance as a solution. We are content with insurance and will cover the costs. Our solicitor says that he must be satisfied that the bank is happy with this solution. Are we the client or is the mortgage company ?
The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the bank are the client. Your conveyancer must comply with the UK Finance Lenders’ Handbook specifications. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the bank can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
Despite weeks of looking the Title Certificate and documents to my property are lost. The conveyancers who handled the conveyancing in Dollis Hill 5 years ago have long since closed. What are my next steps?
Gone are the days when you need to hold title official documentation to evidence that you are the owner of your registered land or property, given that the Land Registry hold details of all registered land or property electronically.
Due to the input of my in-laws I had a survey completed on a house in Dollis Hill ahead of appointing conveyancers. I have been told that there is a flying freehold overhang to the property. Our surveyor advised that some banks will refuse to issue a mortgage on such a house.
It depends who your proposed lender is. Santander has different requirements from Halifax. If you call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Dollis Hill. Conveyancing may be slightly more expensive based on your lender's requirements.
Am I right to be suspicious about brokers that I am dealing with are recommending an internet conveyancing firm rather than a local Dollis Hill conveyancing firm?
As is the case with many service providers, often input from family and friends can be extremely useful or valuable. Nevertheless there are many players in a conveyancing matter; estate agents, financial adviser and lenders may put forward conveyancers to appoint. On occasion these lawyers might be known to one of the organisations as being good in their field, but occasionally there may be a commercial relationship behind the endorsement. You are free to select your own lawyer. However, bear in mind that many mortgage providers specify a panel list of law firms you have to use for the mortgage related work in your house move.
In searching the internet for the phrase cheap conveyancing in Dollis Hill it shows results of numerous solicitorsin the vicinity. How do I determine which is the right property lawyer for the sale of my house?
The best method of choosing a suitable conveyancer is through a trusted referral, so enquire of friends and relatives who have bought a property in Dollis Hill or a local estate agent or financial adviser. Charges for conveyancing in Dollis Hill vary, so it's a good idea to request at least four quotes from varying types of property lawyers. Make sure that you clarify that the costs are guaranteed not to to be inflated.
I note that you have a search directory listing law firms on the lender conveyancing panel. Do Dollis Hill conveyancing companies pay you a commission if I instruct them for my own house purchase?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Dollis Hill.