We are buying a property and require a conveyancing solicitor in Muswell Hill who is on the Santander approved panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Santander . We don't recommend any particular firms conducting conveyancing in Muswell Hill.
My house in Muswell Hill is up for sale and I have a buyer. Does the lawyer have to be required to be on the Bank of Ireland conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Bank of Ireland 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 conditions fairly frequently at the moment.
We have agreed to purchase a house in Muswell Hill. A rare aspect is that the roof has a solar panel. Nationwide 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 your lender is Nationwide your lawyer must follow the formal requirements contained in Part 2 of UK Finance Lenders’ Handbook for Nationwide. The CML Handbook contains minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to Nationwide where a lease fails to comply with these conditions. The requirements relate to the installation of panels on properties in England and Wales and is not restricted to Muswell Hill.
Barclays have agreed my mortgage in principle, my offer on a flat in Muswell Hill has been accepted, what happens next?
The estate agent will need to be advised as to your lawyer's details (ensure that the conveyancing practitioners are on the lender’s panel). Contact Barclays or your broker and complete any relevant documentation. Barclays will instruct a valuer who will get in touch with the selling agent or seller to schedule a slot for the valuation to take place. Once carried out (assuming no problems) it takes approximately ten days to get a mortgage offer. Barclays will send the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Muswell Hill.
I have finally had an offer on an apartment in Muswell Hill agreed to, the vendors do nevertheless have an associated purchase. The vendors have offered on a flat, however it’s not yet agreed to, and have viewings of other apartments booked. I have selected a high street conveyancing solicitor in Muswell Hill. What do I do now? When do I get the mortgage application with Nottingham started?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is in the region of £1k, then survey, Muswell Hill conveyancing search costs, etc). First, you must ensure that your lawyer is on the Nottingham conveyancing panel. Concerning the next steps this very much dictated by the specifics of your transaction, attraction to the property and on the state of the market. During a rising market the majority of purchasers will apply for a home loan with Nottingham and pay for the valuation and only if it was satisfactory would they request their lawyer to proceed with searches.
I am buying my first flat in Muswell Hill with a mortgage from Britannia. The sellers refused to move on the amount so I negotiated £7000 of extras instead. The sale representative told me not inform my solicitor about this side-deal as it could put at risk my mortgage with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Taking into account that I will soon spend hundreds of thousands of pounds on a property in Muswell Hill I wish to talk to a lawyer regarding thetransaction before appointing the firm. Is this something that you can arrange?
This is something that we encourage - it is our preference to talk to you we do not take any clients on without you first talking to the lawyer due to be carrying out your conveyancing in Muswell Hill.There is no ‘factory style conveyancing’ - each client is unique individual, not a file reference. The solicitors that we put you in touch with believe that the fees you are provided with for your conveyancing in Muswell Hill should be the amount on the final invoice that you are charged.
My partner has recommend that I use his conveyancers in Muswell Hill. Should I find my own conveyancer?
No doubt the ideal way to find a conveyancing solicitor is to seek feedback from friends or relatives who have previously instructed the conveyancer you're considering.