My partner and I are planning to buy a home in Neasden and have instructed a Neasden conveyancing firm. Within the last couple of days our property lawyer has forwarded the sale agreement to be signed with a detailed report with the expectation that exchange is imminent. The Royal Bank of Scotland have this evening contacted us to inform me that they have now hit a problem as our Neasden conveyancer is not on their conveyancing panel. Please explain?
When purchasing a property with mortgage finance it is usual for the purchasers' solicitors to also act for the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your property lawyer should contact your bank and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on the lender’s conveyancing panel and you may continue to use your own Neasden solicitors, in which case your legal fees may increase, and it may delay matters as you are adding another lawyer into the mix.
I have given 2 months notice to my existing landlord and have to be out of my let out flat in Neasden by the end of next month. Conveyancing for my house purchase has just started. Can I complete in 4 weeks as I wish to avoid having to find temporary accommodation?
Generally one should not give notice for your letting until exchange of contracts has taken place. Assuming that you have not already done so, update to your conveyancer and urge them to they seek the assistance the other side, try to get a realistic time scale from them that all parties will look to achieve
Are there restrictive covenants that are commonly identified as part of conveyancing in Neasden?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Neasden. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I've recently found out that there is a flying freehold element on a house I put an offer in two weeks back in what was supposed to be a quick, no chain conveyancing. Neasden is where the house is located. Is there any advice you can impart?
Flying freeholds in Neasden are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Neasden you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Neasden may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Are there any apps to help locate a Neasden solicitor on the The Mortgage Works conveyancing panel? I have a car and am willing to travel upto 10miles to meet the solicitor.
Feel free to make use of the search on this page. Please select a bank and your location and you will see a number of Neasden conveyancing lawyers locally. We have listed some Neasden conveyancing firms towards the end of this page and you can ring them to verify if they are on the The Mortgage Works member panel
I need to find a conveyancing solicitor for my conveyancing in Neasden. I have chance upon a site which looks to be the ideal solution If it is possible to get all the legals done via phone that would be preferable. Do I need to be wary? What should out be looking out for?
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?