I am expecting a mortgage with Lloyds. I would like to enlist the help of a Licensed Conveyancer in Haggerston. Does the Lloyds Conveyancing panel exclude Licensed Conveyancers?
The Lloyds approved solicitor list is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
Please explain the implications if my solicitor is suspended from the Virgin Money Solicitor panel ahead of completing my conveyancing in Haggerston?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
Me and my brother own a 4 bedroom Edwardian property in Haggerston. Conveyancing solicitor represented me and Platform Home Loans Ltd. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold with the matching property. If a house is not a freehold shouldn't I have been informed?
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Haggerston and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the situation with your conveyancing practitioner who conducted the work.
How does conveyancing in Haggerston differ for new build properties?
Most buyers of new build or newly converted property in Haggerston contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is finished. This is because house builders in Haggerston typically buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Haggerston or who has acted in the same development.
What tools are available to search for a Haggerston solicitor on the Barclays Direct conveyancing panel? I drive a motor bike and am happy to travel upto 20kilometers to meet the lawyer.
Feel free to make use of the search on this website. Please choose the mortgage company and your location and you will see a number of Haggerston conveyancing lawyers based on proximity. We have detailed some Haggerston conveyancing firms at the bottom of this page and you can telephone them to check whether they are on the Barclays Direct member panel
I need to find a conveyancing solicitor for remortgage conveyancing in Haggerston. I've land on a site which looks to be the ideal solution If there is a chance to get all this stuff done via phone that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?