I was advised today by my broker that my Highbury solicitor is not on the bank Solicitor panel. What can I do to be certain if this is indeed the case?
The first thing you need to do is to call your Highbury conveyancer. It is reasonable to expect your lawyer to inform you of the situation. If they are not on the panel they may recommend you to a Highbury conveyancing practice that is on the approved list of lawyers for your lender.
Have just purchased a repossessed house at auction in Highbury. Conveyancing is needed. What happens now?
Having exchanged you will need to retain a conveyancing lawyer quickly as you are facing a tight a fixed date to complete the conveyancing. Every auction property will have a bespoke auction set of papers. This will include most,if not all of the paperwork that your conveyancer requires. Where you are dealing with leasehold property the conveyancing pack may include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation pertinent to leasehold premises. You must hand this to your appointed conveyancing solicitor at the earliest opportunity. Do make sure that your finances are in place to complete on the on the contractual date .
My conveyancer has informed me that flying freehold insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Highbury?
The right level of flying freehold indemnity insurance depends on your lender. It would differ for example between Birmingham Midshires and Coventry Building Society. Conveyancing solicitors as opposed to borrowers take out such policies.
The formalities of my purchase has taken place for my property in Highbury. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
How does conveyancing in Highbury differ for newly converted properties?
Most buyers of new build premises in Highbury approach us having been asked by the seller to exchange contracts and commit to the purchase even before the property is ready to move into. This is because new home sellers in Highbury tend to purchase the land, 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 used to new build conveyancing in Highbury or who has acted in the same development.
In what way does the Landlord & Tenant Act 1954 affect my commercial property in Highbury and how can your lawyers assist?
The particular law that you refer to gives security of tenure to commercial lessees, giving them the a statutory right to apply to court for a continuation of occupancy at the end of the lease term. There are limited grounds that a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Highbury is one of the hundreds of locations in which our lawyers are based
I am thinking of appointing a conveyancing solicitor in Highbury for my home move. Can I see a solicitor's complaints history with the legal regulator?
Members of the public can search for documented Solicitor Regulator Association (SRA) decisions arising from investigations from 2008 onwards. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, use +44 (0)121 329 6800. The SRA could recorded call for training reasons.
Should I be concerned if there is a problem with the searches conducted as part of my conveyancing in Highbury?
Normally, most issues that arise in Highbury conveyancing search responses can be dealt with in advance of completion or indemnity insurance can be obtained. It is crucial to note that regardless of the fact that you may be acquiring the property and might be content to accept the search results, your mortgage lender may not, and when all said and done they have the word say.