I am expecting a offer of a home loan from Santander. My intention is to employ the services of a Licensed Conveyancer in Finsbury. Does the Santander Solicitor panel include Licensed Conveyancers?
The Santander conveyancing panel is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
I am purchasing a house without a mortgage in Finsbury. I have lived for the last dozen years in Finsbury. Conveyancing searches are a lot of money. Given that I know the road and vicinity intimately must I have all the conveyancing searches?
If you not getting a mortgage, then the vast majority of the Finsbury conveyancing searches are non-obligatory. Your solicitor will try and steer you, perhaps strongly, that you should have searches completed, but she is duty bound to take that path of encouragement . One thing to consider; if you are intend to dispose of the house one day, it may be of interest to your prospective buyer what the searches disclose. Sometimes houses with functional issues can still throw up detrimental search results. A good conveyancing solicitor in Finsbury will be able to give you some sensible advice in this regard.
We see that you have a search directory listing solicitors on the Nationwide conveyancing panel. Do firms pay you a referral fee if I retain them for our conveyancing in Finsbury?
We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Finsbury.
We wanted to use a property lawyer in Finsbury for our house move. Our financial adviser has since notified us that our bank Norwich and Peterborough Building Society won't deal with them. Why is this not regarded as unfair competition?
Lenders tend to imposes restrictions either the category or the volume of conveyancing solicitors on their member panel. A common example of such restriction(s) being that a law practice must not be a sole practitioner. In addition to restricting the type of firm, a few banks have reduced the amount of firms they allow to represent them. Be aware that Norwich and Peterborough Building Society have no responsibility for the quality of advice provided by any member of Norwich and Peterborough Building Society Conveyancer Panel. Mortgage fraud was a key driver in the rationalisation of solicitor panels a few years ago even though there are differing opinions about the level of solicitor engagement in some of that fraud. Figures from the Land Registry reveal that hundreds of law firms, including some in or near Finsbury only perform a couple conveyances a year.
I used Stirling Law several years past for my conveyancing in Finsbury. I now require my papers however the law firm has closed. What do I do?
You should 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 Finsbury 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 have recently realised that I have 62 years remaining on my lease in Finsbury. I need to extend my lease but my freeholder is absent. What are my options?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. However, you will be required to prove that you have made all reasonable attempts to find the freeholder. In some cases an enquiry agent may be useful to try and locate and to produce a report which can be used as proof that the landlord can not be located. It is advisable to get professional help from a solicitor both on proving the landlord’s absence and the application to the County Court covering Finsbury.
Following years of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Finsbury. Can we issue an application to the Residential Property Tribunal Service?
Absolutely. We can put you in touch with a Finsbury conveyancing firm who can help.
An example of a Lease Extension case for a Finsbury property is Flat 89 Trinity Court Grays Inn Road in February 2013. the Tribunal found that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 to the Leasehold Reform, Housing and Urban Development Act 1993 should be £36,229. This case related to 1 flat. The unexpired lease term was 66.8 years.