I am getting a mortgage with Lloyds. I would like to use a Licensed Conveyancer in East Barnet. Does the Lloyds Conveyancing panel exclude Licensed Conveyancers?
The Lloyds approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
We have rather pushy vendors who has insisted on a preliminary contract with a down payment 6,000. Are such arrangements recommended for East Barnet conveyancing transactions?
Exclusivity agreements are agreements binding a property vendor and prospective acquirer granting the buyer the sole right to the sale of the premises within a prescribed time frame. For all intents and purposes, an exclusivity agreement is a contract stating that you will be issued with a contract at a later date which is the contract for the actual sale. It is generally used for buyer protection though in many situations, the owner may stand to benefit from such agreements as well. There are numerous pros and cons to having them but you need to check with your solicitor but beware that it may end up incurring extra in conveyancing fees. For this these agreements are avoided in relation to conveyancing in East Barnet.
Can your site be used to recommend a Conveyancing solicitor in East Barnet even if I’m not buying or disposing of a house, for example if I wish to buy an office in East Barnet with a mortgage from HSBC Bank?
Our comparison service is primarily used to locate residential conveyancing solicitors in East Barnet but we have set out towards the end of this page a few East Barnet commercial conveyancing firms. You should enquire with the solicitors directly to establish if they can also act for HSBC Bank
I am assisting my step-mother sell her house in East Barnet. Will the conveyancing solicitor commission an energy performance certificate or it is for me to coordinate?
After the abolition of Home Packs, energy performance certificates was left as a compulsory part of selling a property. An energy assessment needs to be to hand prior to the property being put on the market. This is not as aspect of the sale process that solicitors ordinarily arrange. Where you are using a East Barnet conveyancing lawyer they may be willing to arrange energy assessments given their contacts with reputable local providers
I happen to be the only recipient of my late father’s estate and I have everything in my name alone, including the house in East Barnet. Conveyancing formalities meant that the Land Registry date was in December. I now wish to sell up. I do know about the CML 6 month 'rule', which means that my proprietorship will be regarded the same way as though I had purchased the property in December. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be caught by that. Most mortgage companies would take a pragmatic view as this requirement principally exists to identify the purchase and immediately sell or the flipping of property.
I have today made my last payment due on my mortgage with Nottingham. I assume I don't need a East Barnet solicitor on the Nottingham panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Nottingham mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Nottingham mortgage from the register. Nottingham, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Nottingham has sent the Land Registry the discharge electronically, and
- Nottingham has instructed the Land Registry to do so
Are there restrictive covenants that are commonly identified during conveyancing in East Barnet?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in East Barnet. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am a sole trader looking to take over a lease of a shop on the high street. Can you recommend solicitors offering no-sale-no costs for non-domestic conveyancing in East Barnet for below 2k?
We can recommend firms who have well rounded knowledge of commercial conveyancing in East Barnet, including the sale and acquisition of businesses as well as simply property. Whether you are looking to acquire or sell a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right lawyer. Regarding the fees this will depend on the structure and nuances of the deal. Let us have your contact information or email so as to enable us to supply you with a detailed commercial conveyancing calculation.