My house in Enfield Highway is up for sale and I have a purchaser. Will my lawyer have to be on the RBS conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the RBS conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently in recent years.
We have agreed to purchase a house in Enfield Highway. A rare aspect is that the roof has a solar panel. HSBC have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with HSBC your lawyer must check the conveyancing instructions set out in Section two of UK Finance Lenders’ Handbook for HSBC. The CML Handbook contains minimum conditions for solar panel roof-space leases, and solicitors are required to report to HSBC where a lease does not meet these provisions. The provisions relate to the installation of panels on properties countrywide and is not isolated to Enfield Highway.
After months of negotiation I have agreed a price on an apartment in Enfield Highway. My financial adviser suggested a conveyancer. I paid an advanced payment of £225. Shortly after, the solicitor called me sheepishly admitting that they were not on the Principality conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Principality panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I was told two weeks ago that my mortgage has been agreed to by UBS. Is it usual for UBS to only issue the offer once my solicitor in Enfield Highway is approved on their conveyancing panel? UBS have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for UBS to deal with your lawyer's application to be on the UBS conveyancing panel. There's no guarantee that your solicitor will be accepted.
What will a local search tell me about the house my wife and I purchasing in Enfield Highway?
Enfield Highway conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search organisations such as Xpress Legal The local search is essential in every Enfield Highway conveyancing purchase; that is if you don’t want any nasty surprises after you move into your property. The search will provide information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
The estate agent has sent us the confirmation of our purchase of a new build flat in Enfield Highway. 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 enquiries that you should expect your new-build leasehold conveyancing in Enfield Highway
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There must be mutual enforceability of lessee’s covenants. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Forfeiture - bankruptcy or liquidation must not apply under this provision.
Due to the guidance of my in-laws I had a survey completed on a house in Enfield Highway before instructing conveyancers. I have been told that there is a flying freehold element to the house. My surveyor advised that some mortgage companies may refuse to issue a mortgage on this type of property.
It depends who your proposed lender is. HSBC has different requirements from Halifax. If you e-mail us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Enfield Highway. Conveyancing will be smoother if you use a solicitor in Enfield Highway especially if they regularly deal with such properties in Enfield Highway.
Is there anything unique about your site and other web based conveyancing brokers when it comes to conveyancing in Enfield Highway?
At this site obtain an accurate costs illustration from a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Enfield Highway. Unlike many estate agents and brokerage sites we do not have commission deals with solicitors. Many agents and online brokers 'recommend' solicitors that pays the highest per referral, not the best value conveyancing in Enfield Highway