I am not well enough to travel far from New Southgate. Can you please clarify why all New Southgate conveyancing practitioners are not on all bank panels?
Lenders point to the fact that solicitor-led fraud is considered to be responsible for millions of pounds of fraud annually.The elimination of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the FSA in 2011. Its conclusions included recommendations for mortgage companies to review their conveyancing panels, which triggered a major policy change in the sector. This led to lenders purging less reputable firms from their official list of approved conveyancing practitioners .
Is there a search tool that I can utilise to discover of the solicitor carrying out my conveyancing in New Southgate is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Barclays Direct thus spending £175.00 in another set of conveyancing fees.
Feel free to take advantage of the search tool on this web page. Pick the mortgage company and type ‘New Southgate’ or your preferred area and you will be presented with numerous conveyancers based in New Southgate or nearest you.
My wife and I have a semi-detached Victorian property in New Southgate. Conveyancing practitioner represented me and Norwich and Peterborough Building Society. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold under the matching property. I'd like to know for sure, how can I find out??
You need to read the Freehold register you have again and check the Charges Register as there may be 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 New Southgate 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 enquire as to the situation with your conveyancing lawyer who conducted the work.
How does conveyancing in New Southgate differ for newly converted properties?
Most buyers of new build or newly converted property in New Southgate contact us having been asked by the seller to sign contracts and commit to the purchase even before the house is completed. This is because builders in New Southgate tend to acquire 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 property lawyers 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 New Southgate or who has acted in the same development.
My husband and I are FTB’s - had an offer accepted, yet the agent has warned us that the seller will only proceed if we use the agent's preferred solicitors as they want an ‘expedited deal’. We would rather use a high street solicitor with experience of conveyancing in New Southgate
It is unlikely the owners are behind this. Should the vendor want ‘a quick sale', turning down a serious buyer is counter productive. Bypass the agents and go straight to the sellers and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you do not need to sell (d) you intend to proceed fast (e)however you will continue to use your own,trusted New Southgate conveyancing lawyers - rather thanthe ones that will give their negotiator at the agency a kickback or meet his conveyancing targets set by senior management.
I am buying a flat and require a conveyancing solicitor in New Southgate who is on the lender solicitor panel. Can you recommend a New Southgate or local New Southgate solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the mortgage company who carry out conveyancing in New Southgate. We dont recommend any particular conveyancing practice.