My mortgage broker has requested my Potters Bar law firm’s panel member for the Lloyds conveyancing panel. What is the best way to obtain this. I have called my local Potters Bar office but they have not got back to me yet.
Have you tried calling your Potters Bar solicitor about this?. Most Potters Bar law firms will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each lender.
My wife and I are due to exchange on the purchase of a house in Potters Bar but as a consequence of damage from the recent storms I have was able negotiate compensation from the seller in the sum of three thousand pounds by way of a reduction in the price. This was going to be addressed as part of amending the contract however Kent Reliance will not permit this. Should they have been notified?
Any conveyancing practitioner that is on a Kent Reliance conveyancing panel is required to inform Kent Reliance of any changes to the purchase price. If you were to refuse your lawyer to disclose the reduction to Kent Reliance then they would have to discontinue acting for you. In addition, Kent Reliance and you would have to appoint a new solicitor for your conveyancing in Potters Bar.
Why do I have to pay up front for conveyancing in Potters Bar?
If you are buying a property in Potters Bar your solicitor will ask you put them with monies to cover the search fees. Generally this is needed to cover the fees of the Local Authority Search. When the deposit is payable against the total price then this will be asked for shortly before exchange of contracts. Any further balance that is needed will be payable shortly before completion.
I have been recommended a conveyancing solicitor in Potters Bar. I I would like to check whether they are on the Clydesdale approved list of lawyers. Can you assist?
You should contact the solicitor and ask them if they are on the lender panel. Otherwise you can get in touch with Clydesdale who may be able to confirm.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Potters Bar?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Potters Bar. 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 property I put an offer in a fortnight ago in what should have been a quick, chain free conveyancing. Potters Bar is the location of the property. Can you shed any light on this issue?
Flying freeholds in Potters Bar are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Potters Bar you must be sure that your lawyer goes 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 Potters Bar may decide 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 residence.