I am obtaining a offer of a home loan from Lloyds. My intention is to retain the legal services of a Licensed Conveyancer in Tottenham. Does the Lloyds Solicitor panel include Licensed Conveyancers?
The Lloyds 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 purchasing a flat and need a conveyancing solicitor in Tottenham who is on the Coventry BS approved panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Coventry BS . We don't recommend any particular firms conducting conveyancing in Tottenham.
The deeds to my property are lost. The lawyers who did the conveyancing in Tottenham 10 years ago no longer exist. What do I do?
As long as you have a registered title the information relating to your proprietorship will be documented by the Land Registry with a Title Number. It is easy to conduct a search at the Land Registry, locate your house and get current copies of the property title for a small fee. Where the title is Leasehold then the Land Registry will in most cases retain a certified duplicate of the Registered Lease and again, a copy can be ordered for twenty pounds.
How does conveyancing in Tottenham differ for new build properties?
Most buyers of new build premises in Tottenham approach us having been asked by the developer to sign contracts and commit to the purchase even before the premises is finished. This is because new home sellers in Tottenham typically purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Tottenham or who has acted in the same development.
I am looking for a ground for flat up to £305k and identified one round the corner in Tottenham I like with amenity areas and transport links in the vicinity, the downside is that it's only got 61 years on the lease. There is not much else in Tottenham in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?
If you need a home loan the remaining unexpired lease term may be problematic. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of twenty four months you can 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 and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.
How easy is it to use the search tool to locate a conveyancing lawyer in Tottenham on the panel for my bank?
1st choose a bank such as HSBC Bank, Norwich and Peterborough Building Society or Godiva Mortgages Ltd then type in your preferred area for example Tottenham. Conveyancing practices in Tottenham and further afield will then be identified.