I am hoping to receive a mortgage offer from Santander. I would like to instruct a Licensed Conveyancer in South Harrow. Does the Santander Solicitor panel exclude Licensed Conveyancers?
The Santander approved solicitor list is, like many other lenders, associated to the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
It is 10 years ago since I purchased my home in South Harrow. Conveyancing solicitors have recently been instructed on the sale but I am unable to locate my title documents. Will this cause complications?
You need not be too concerned. Firstly there is a chance that the deeds will be retained by the mortgage company or they could be in the possession of the solicitor who handled your purchase. Secondly the likelihood is that the title will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors acquiring current official copies of the land registers. Almost all conveyancing in South Harrow involves registered property but in the unlikely event that your property is unregistered it adds to the complexity but is not insurmountable.
I am being advised by my conveyancer that missing deeds insurance is needed on my purchase. What is the level of cover for South Harrow conveyancing?
The right level of missing deeds indemnity insurance depends on your lender. It would differ for example between Accord Mortgages Ltd and Coventry Building Society. Conveyancing solicitors as opposed to borrowers take out such insurances.
is it true that all South Harrow solicitor firms on the Skipton conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Skipton approved list of solicitors they would need to be regulated by the SRA. Many lenders do list licenced conveyancers on their panel and in that case the practice would be governed by the Council of Licensed Conveyancers.
We expect to receive a DIP from Skipton this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Skipton recommend any South Harrow solicitors on the Skipton conveyancing panel, or is it better to find our own lawyer?
You will need to appoint South Harrow solicitors independently although you'll need to choose one on the Skipton conveyancing panel. The solicitor represents both you and Skipton through the process.
What will a local search inform me concerning the property my wife and I buying in South Harrow?
South Harrow conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search organisations for example Searches UK The local search is essential in every South Harrow conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your property. The search will reveal information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic sections.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and identified one close by in South Harrow I like with a park and transport links nearby, the downside is that it only has 51 remaining years left on the lease. There is not much else in South Harrow for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a mortgage that many years may be problematic. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of 2 years you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this.
We are 17 days into a leasehold purchase having been recommend to a firm by the local agent to perform conveyancing in South Harrow. I am not happy. Can you you assist me in finding new lawyers?
They would need to be very bad in order to consider diss instructing them. Has the mortgage offer been generated? If so you will need to make them aware of the new lawyer and have the offer are issued to the new lawyers. Your solicitor ideally should be on the mortgage company panel to avoid supplemental fees and complications. That should be your first question of the new lawyers. The search tool should help you find a lender approved conveyancer for your conveyancing in South Harrow