Do the conveyancing solicitors listed on your site handle attended exchange conveyancing in East Barnet?
There are a few conveyancing specialists who can conduct attended exchanges. Please call us to receive a fee calculation and details as to dates.
I am considering applying for a Santander mortgage for purchase of a new build (under development) in East Barnet with 70% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Santander ?
There is nothing to stop you using your solicitor, but Santander will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
I am purchasing a detached bungalow in East Barnet. We would like to an extension at the rear at the house.Will the conveyancing process involve checks to see if these alterations are allowed?
Your solicitor should review the registered title as conveyancing in East Barnet can occasionally identify restrictions in the title documents which prevent certain alterations or need the consent of a 3rd party. Many extensions require local authority planning permissions and approval under the building regulations. Many areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be wise to check these things with a surveyor before you commit yourself to a purchase.
I'm the sole beneficiary of my late mum's will with all property in now in my sole name, including the my former home in East Barnet. Conveyancing formalities meant that the Land Registry date was in June. I want to move. I do know about the Mortgage Lenders six month 'rule', which means that my property ownership will be regarded the same way as if I'd bought the house in June. Do I have to wait half a year to sell?
The CML handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be impacted by that. How practical a view lenders take of it, depend on the bank as this requirement is principally there to capture the purchase and immediately sell or the quick reselling of property.
We are getting the release of further monies on our home loan from Kent Reliance as we wish to carry out alterations to our property in East Barnet. Are we obliged to select a local East Barnet solicitor on the Kent Reliance conveyancing panel to deal with the legals?
Kent Reliance don't usually instruct a member of their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Kent Reliance list.
I'm buying my first flat in East Barnet with a mortgage from Clydesdale. The builders refused to reduce the price so I negotiated 6k of extras instead. The house builders rep told me not inform my conveyancer about the side-deal as it could jeopardize my loan with Clydesdale. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer 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.
Do I need to be wary about estate agents that I am dealing with are recommending an online conveyancing firm rather than a High Street East Barnet conveyancing company?
As is the case with lots of professional services, often input from family and friends can be extremely useful or valuable. Nevertheless there are lots of parties with a keen interest in a conveyancing deal; estate agents, financial adviser and lenders might all suggest conveyancers to retain. Sometimes the solicitors might be known to one of the organisations as being good in their field, but sometimes there is an underlying commercial relationship behind the endorsement. You have the right to select your own lawyer. However, bear in mind that some lenders have an approved list of solicitors you must use for the lender aspect of your conveyancing.
Looking forward to complete next month on a leasehold property in East Barnet. Conveyancing solicitors assured me that they report fully within the next couple of days. What should I be looking out for?
The report on title for your leasehold conveyancing in East Barnet should include some of the following:
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You should be sent a copy of the lease specifics of the parties to the lease, for example these could be the (you), superior lessor, freeholder if lease caters for for a slush fund for major repairs? The landlord’s rights to access the flat. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided.
Following years of correspondence we simply can't agree with our landlord on how much the lease extension should cost for our flat in East Barnet. Can we issue an application to the Residential Property Tribunal Service?
in cases where there is a missing freeholder or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to decide the sum to be paid.
An example of a Freehold Enfranchisement decision for a East Barnet property is 23 Beaconsfield Road in July 2013. The Tribunals decided that the amount payable was £31,203 for the freehold. This case affected 2 flats. The remaining number of years on the lease was 70.31 years.