We see that you have a search directory listing law firms on the Barclays conveyancing panel. Do firms pay you a referral fee if I instruct them for our conveyancing in Borehamwood?
We are a listing service only for law firms wishing to communicate if they are on the Barclays conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Borehamwood.
Our lender has suggested solicitors on their panel based in Borehamwood but I would rather choose a conveyancing lawyer in Borehamwood or nearer to where I live. Are you able to assist?
Far from all Borehamwood conveyancing practitioners are on all lender’s conveyancing panel. Use our find an approved solicitor tool to find a Borehamwood conveyancing conveyancer on the on the mortgage company panel.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Borehamwood?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Borehamwood. 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'm buying a new build house in Borehamwood with a mortgage from Lloyds TSB Bank. The developers refused to budge the price so I negotiated 6k of extras instead. The estate agent advised me not to tell my solicitor about this side-deal as it would jeopardize my mortgage with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I've recently found out that there is a flying freehold element on a property I have offered on last month in what should have been a straight forward, chain free conveyancing. Borehamwood is the location of the property. Is there any advice you can give?
Flying freeholds in Borehamwood are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Borehamwood you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Borehamwood 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.