I am hoping to receive a offer of a home loan from Halifax. I hope to employ the services of a Licensed Conveyancer in South Norwood. Does the Halifax Conveyancing panel include Licensed Conveyancers?
The Halifax approved solicitor list is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
What happens if my lawyer’s firm is removed from the Principality Solicitor panel ahead of completing my conveyancing in South Norwood?
The first thing to point out is that, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
I am buying a new build flat in South Norwood. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in South Norwood
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There must be mutual enforceability of lessee’s covenants. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
I decided to have a survey done on a house in South Norwood before appointing conveyancers. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some banks will refuse to issue a loan on such a house.
It depends who your proposed lender is. Santander has different instructions for example to Nationwide. Should you wish to call us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in South Norwood. Conveyancing will be smoother if you use a solicitor in South Norwood especially if they regularly deal with such properties in South Norwood.
My husband and I are a fortnight into a residential purchase having been referred to a firm by the high street agent to handle our conveyancing in South Norwood. We are not happy. Could you help me find new lawyers?
They would have to be really poor to suggest diss instructing them. Has the mortgage been issued? In the event that it has you need to advise them of the replacement conveyancer and have the mortgage documents are issued to the new lawyers. Your new solicitor ideally should be on the mortgage company panel to avoid added fees and complications. So that should be your first question of the new conveyancers. Our find a solicitor tool should help you find a lender approved lawyer for your home move in South Norwood
I bought a property in South Norwood last 5/7/2024 and to date it is still not recorded with HM Land Registry. It is part of a new estate and my lawyer told me that it can take 12 months to complete the registration formalities. I have spoken with HMLR directly and they say that the original application was cancelled due to failure to reply to requisitions. What can I do?
Call your solicitor - if you are not getting sensible responses, look up their firm’s complaints process and escalate your concerns to a Complaints Manager. Registrations for South Norwood conveyancing are not known to be particularly slow.