We wanted to use a conveyancing solicitor in Northampton for our home move. Our financial adviser informed us that our mortgage company HSBC Bank won't deal with them. Why is this not regarded as unduly restrictive?
A mortgage company may direct that a panel conveyancer act for it. Borrowers are expected to bear the charges for this. Try using our search facility to select a solicitor to conduct conveyancing in Northampton on the HSBC Bank member panel.
We are aiming to move house in March. Does my conveyancing solicitor call the removal company on the day of completion. Incidentally, can you suggest a removal company in Northampton. Conveyancing firm was chosen prior to coming across your website.
On the afternoon of completion you will need to pick up the keys from the selling agent but this should only take place after the vendors solicitors confirm to the agent that the monies to complete are in and the keys can be collected. You should advise the removal men that they can start moving you in. As a matter of policy we do not recommend a particular removal company but can help you locate a conveyancing in Northampton or a firm that specialises in conveyancing in Northampton.
When it comes to lenders such as Virgin Money, do Northampton lawyers have to pay a fee to be on the list of approved solicitors?
We are unaware of any mortgage company fees to register on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
is it true that all Northampton solicitors on the Virgin Money conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Virgin Money approved list of solicitors they would need to be governed by the SRA. Many lenders do allow licenced conveyancers on their panel in which case such practice would be overseen by the CLC.
Are there restrictive covenants that are commonly identified during conveyancing in Northampton?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Northampton. 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 have been on the look out for a leasehold apartment up to £195,000 and identified one close by in Northampton I like with a park and railway links in the vicinity, however it's only got 52 years unexpired on the lease. I can't really find anything else in Northampton for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a home loan the remaining unexpired lease term may be problematic. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of twenty four months you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
What does commercial conveyancing in Northampton cover?
Northampton conveyancing for business premises covers a wide range of guidance, given by qualified solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
Am I better off to appoint a Northampton conveyancing practitioner in close proximity to the house I am purchasing? An old friend can handle the legal formalities but his firm is located a couple of hundredkilometers away.
The primary upside of using a high street Northampton conveyancing firm is that you can visit the firm to sign documents, present your identification documents and apply pressure on them where appropriate. They will also have local intelligence which is a bonus. That being said nothing is more important than finding someone that will pull out all the stops for you. If if people you trust used your friend and on the whole were content that must outweigh using an unfamiliar Northampton conveyancing solicitor just because they are based in the area.