We are buying a 3 bedroom flat in Tottenham with a mortgage. We wish to retain our Tottenham lawyer, but the mortgage company advise he's not on their "panel". It appears that we have no option but to use one of the bank panel firms or retain our Tottenham solicitor and pay for one of their panel firms to act for them. We regard this is unjust; is there anything we can do?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Tottenham conveyancing solicitor to apply to be on the conveyancing panel.
The owners of the house we are purchasing have appointed a conveyancing solicitor in Tottenham who has insisted on a lock out agreement with a non-refundable deposit 10k. Are such agreements the norm for Tottenham conveyancing transactions?
There are two primary concerns with entering into any lock out contract (sometimes termed a no-shop agreement) is that it takes away the focus from moving forward with the conveyancing transaction itself, so unless it requires little or no negotiation then it may transpire to be a hindrance. It is not promoted by Tottenham conveyancing solicitors for this reason. A further issue is the extent of the remedies available - a jilted buyer is very unlikely to secure an injunctive ruling by a court to prohibit the vendor completing the sale to a third party, so the only remedy available under the agreement will be the recovery of abortive charges and, in rare situations, the extra payment of damages.
I am downsizing from our house in Tottenham and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. A high street Tottenham conveyancer would know this is not the case. For the life of me I don't know why the buyers instructed a nationwide conveyancing outfit rather than a conveyancing solicitor in Tottenham. Having lived in Tottenham for 5 years we know of no issue. Should we get in touch with our local Authority to seek clarification that the buyers are looking for.
It sounds as though you may have a conveyancing solicitor already. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I am downsizing from my house. My past lawyers has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Tottenham if that makes things easier.
You should use our search tool to help you find a solicitor for your conveyancing in Tottenham. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.
I need to find a conveyancing solicitor for remortgage conveyancing in Tottenham. I've chance upon a site which seems to have the perfect offering If there is a chance to get all formalities completed via phone that would be preferable. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
What are the specific advantages to selecting a local lawyer in Tottenham
Home movers in Tottenham opt for a local property lawyer so that they can visit just in case they have concerns, and to execute documents rather than run the risk of relying on the post.
One could allege that there exists a distinct advantage in opting for a conveyancer local to the premises you are planning to purchase, due to the familiarity of the region and possible local concerns - but this is debatable. Many conveyancers are now over the web and could be any place in the world.