I am 3 weeks into the sale of my house in East Barnet and the EA has just e-mailed to say that the buyers are changing their property lawyer. The excuse is that the lender will only engage with solicitors on their approved list. Why would a leading lender only engage with specific law firms rather the firm that they want to appoint for their conveyancing in East Barnet ?
Mortgage companies have always had panels of law firms they are content to work with, but in the last few years big names such as Santander, have reviewed and reduced their conveyancing panel– in some cases removing conveyancing firms who have worked with them for many years.
Mortgage companies point to the increase in fraud by way of justification for the cull – criteria have been narrowed as a smaller panel is easier to maintain. Banks tend not to disclose how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society says it is hearing daily from firms that have been removed from panels. Some do not even realise they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. The buyers are not going to have any sway in the decision.
I had intended to instruct a property lawyer in East Barnet for our house move. Our broker informed us that our mortgage lenders Lloyds TSB Bank won't deal with them. Surely this is unduly restrictive?
A mortgage company can direct that an approved solicitor act for it. You would be expected to meet the charges for this. Do use our search facility to find a solicitor to conduct conveyancing in East Barnet on the Lloyds TSB Bank member panel.
There are plenty of conveyancing solicitors in East Barnet but how do I know who I should use?
We would encourage you not to base your choice on the lowest East Barnet conveyancing costs illustration. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
My wife and I purchasing a victorian detached house in East Barnet. Our aim is to carry out an extension to the side at the property.Will the conveyancing process include checks to determine if these works were previously refused?
Your solicitor will check the registered title as conveyancing in East Barnet will occasionally identify restrictions in the title deeds which prohibit categories of changes or require the consent of a 3rd party. Some works need local authority planning permissions and approval in compliance with building regulations. Certain locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these issues with a surveyor prior to committing yourself to a purchase.
My fiancee and I are in the throws of viewing apartments in East Barnet and I am about to put in an offer. Is it advisable to have a lawyer on ‘stand by’? I will be getting a mortgage with Coventry BS.
It would be wise to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. As you are obtaining a mortgage with Coventry BS, make sure you remember to check that your lawyer is on the Coventry BS conveyancing panel.
I used Wolstenholmes several years past for my conveyancing in East Barnet. Now, I need my files but cannot find the solicitor. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in East Barnet of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am looking into buying my first house which is in East Barnet and I am already nervous. I couldn't find anything specific about East Barnet. Conveyancing will be needed in due course but do you know about the East Barnet area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at East Barnet. In the meantime here are some basic statistics that we found
Been searching for a solicitor for freehold sale conveyancing in East Barnet. I'm selling, simple no mortgage to pay off, no rush, currently vacant. Got an estimate from a conveyancing practitioner for £1000 including VAT which is a little expensive given that its so straightforward. Is it possible to find less expensive fees for conveyancing in East Barnet?
As it’s a sale only, 475 + VAT should be about the lowest for a East Barnet solicitor firm.