I am expecting a mortgage offer from Santander. I would like to enlist the help of a Licensed Conveyancer in Potters Bar. Does the Santander Solicitor panel allow for conveyancers regulated by the CLC?
The Santander approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
We are expecting a mortgage offer soon. The lender mentioned the loan came with free conveyancing. Is the implication that I have to appoint their panel lawyer as I would prefer to appoint a high street conveyancing solicitor in Potters Bar?
You should check but the the probability is that appoint one of their panel lawyers where you accept the "fee-free" incentive. Speak to the bank and see if they allow a monetary alternative. In the past a few lenders offered a £250 cashback as a further option in which case that money can go towards the cost for your conveyancing solicitor in Potters Bar.
I am helping my sister sell her property in Potters Bar. Does the conveyancer arrange an energy performance certificate or do I organise this?
Following the demise of Home Packs, EPC’s was kept a required part of selling a property. An energy performance certificate must be to hand before the property is placed on the market. This is not a task that lawyers normally organise. If you are instructing a Potters Bar conveyancing practitioner they might be willing to arrange EPC’s given their contacts with long established local assessors
We had chosen solicitors with offices in Potters Bar on the HSBC solicitor approved list. They have just invoiced me a further charge for the legal aspects of the HSBC mortgage. Is this an additional conveyancing fee specified by HSBC?
As unfair as it may seem, as long as it’s in their Terms and Conditions or Quote then yes your lawyer can levy a fee for this. This fee is not set by HSBC but by your Potters Bar conveyancer. Numerous firms on the HSBC panel will levy ’dealing with mortgage’ fee but some firms include it on their overall fee.
Nottingham have agreed my mortgage in principle, my offer on a house in Potters Bar has been accepted, now what?
Your property agent will need to be informed of your conveyancer's details (ensure that the conveyancing practitioners are on the lender’s panel). Call up Nottingham or the financial adviser and finalise any outstanding forms. Nottingham will sellect a valuer who will get in touch with the estate agent or seller to book a time for the valuation to occur. Once carried out (assuming no problems) it takes about a fortnight to receive the mortgage offer. Nottingham will issue the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Potters Bar.
I am buying a new build flat in Potters Bar. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Potters Bar
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
I am looking for a ground for flat up to £245,000 and found one round the corner in Potters Bar I like with a park and station nearby, however it only has 49 years on the lease. There is not much else in Potters Bar suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you require a mortgage that many years will likely be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you can request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
I am purchasing a property and need a conveyancing solicitor in Potters Bar who is on the lender conveyancing panel. Can you recommend a Potters Bar or local Potters Bar 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 do conveyancing in Potters Bar. We dont recommend any particular solicitor.