I'm at the point of looking at houses in Finchley and I am about to put in an offer. Is it wise to have a on ‘stand by’? I will be getting a mortgage with .

It would be sensible to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. As you are taking out a mortgage with , make sure you remember to check that your lawyer is on the conveyancing panel.

I currently have a mortgage with for my property in Finchley. Conveyancing was finalised months ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform ?

must be informed of your intention in advance of renting your property as this is likely to be a breach of ’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact directly. It should not be necessary to do this via a conveyancing panel firm.

have agreed my home loan in principle, my bid on a apartment in Finchley has been agreed to, what happens next?

The estate agent will wish to know who your solicitors are (ensure that the are on the lender’s panel). Contact or the broker and complete any appropriate forms. will instruct a valuer who will get in touch with the estate agent or owners to arrange a time for the valuation to happen. Once conducted (assuming no problems) it takes on average a week to get a mortgage offer. will send the offer to you and your . The legal work will then take it’s course according the nature and complexity of the conveyancing in Finchley.

It has been 2 months following my purchase conveyancing in Finchley took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I'm purchasing a new build house in Finchley with the aid of help to buy. The developers would not reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative told me not inform my lawyer about this side-deal as it will impact my mortgage with the bank. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer 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.

In my capacity as executor for the estate of my father I am disposing of a house in Swansea but reside in Finchley. My conveyancer (approximately 200 kilometers awayneeds me to sign a stat dec prior to completion. Can you recommend a conveyancing lawyer in Finchley who can witness and place their company stamp on the document?

Technically speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will do regardless of whether they are based in Finchley

The property lawyers undertaking our conveyancing in Finchley has sent documents to review that indicate that the land is unregistered with epitome documents. How can it be that the property not registred at HM Land Regsitry?

The majority of property in Finchley is registered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Plenty of Finchley conveyancing practitioners should be capable of dealing with such matters but where uncertainty exists the prevailing recommendation nowadays is for the seller to register the title first and thereafter deal with the sale conveyance - this can though naturally cause a protracted transaction.