Completion of my remortgage has taken place for my property in Friern Barnet. Conveyancing was a necessary evil but I would like to complain about the lender. How do I make a complaint?
All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
I recently had an offer accepted on a house in Friern Barnet. My financial adviser recommended their conveyancers. I paid an on account payment of £225. Not long after, the conveyancer called me embarrassingly acknowledging that they were not on the Leeds Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Leeds Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Santander have agreed my mortgage in principle, my offer on a property in Friern Barnet has been accepted, now what?
The property agent will want to know who your solicitors are (make sure the conveyancing practitioners are on the lender’s panel). Contact Santander or the financial adviser and complete any relevant forms. Santander will appoint a valuer who will get in contact with the selling agent or seller to book a time for the valuation to happen. Once carried out (assuming no problems) it takes approximately ten days for the mortgage offer to be issued. Santander will send the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Friern Barnet.
Are there restrictive covenants that are commonly picked up during conveyancing in Friern Barnet?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Friern Barnet. 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…’
Do I need to be concerned about estate agents that I am dealing with are encouraging me to use a nationwide conveyancing firm rather than a High Street Friern Barnet conveyancing practice?
As is the case with lots of professional services, often suggestions from family and friends can be worth their weight in gold. Yet there are many players in a conveyancing transaction; estate agents, mortgage brokers and banks might all suggest solicitors to choose. On occasion the solicitors might be known to one of the organisations as experts in their field, but occasionally there may be a financial incentive behind the recommendation. You are at liberty to appoint your preferred conveyancer. However, bear in mind that many banks specify a panel list of solicitors you must use for the mortgage aspect of your home move.
I only have 62 years remaining on my lease in Friern Barnet. I need to extend my lease but my landlord is missing. What should I do?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the Court. However, you will be required to prove that you or your lawyers have done all that could be expected to track down the landlord. On the whole a specialist would be useful to conduct investigations and prepare a report to be used as evidence that the freeholder is indeed missing. It is wise to seek advice from a conveyancer in relation to investigating the landlord’s disappearance and the vesting order request to the County Court covering Friern Barnet.
I have tried to negotiate informally with with my landlord to extend my lease without success. Can a leaseholder apply to the Leasehold Valuation Tribunal? Can you recommend a Friern Barnet conveyancing firm to assist?
Where there is a absentee landlord or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to judgment on the premium.
An example of a Lease Extension decision for a Friern Barnet residence is 90 & 96 Poplar Grove in June 2013. It was held by the Tribunal that the premium to be paid for the new lease in respect of each of the flats referred should be £17,942 This case affected 2 flats. The unexpired residue of the current lease was 68 years.
Are all Friern Barnet conveyancers on every lender conveyancing panel?
You can use our search tool or you can go into your high street bank branch in Friern Barnet. the probability is that they will be in a position to recommend some reputable conveyancing solicitors in Friern Barnet