Why do I have to pay up front for conveyancing in Highams Park?

If you are buying a property in Highams Park your lawyer will ask you to provide them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any down payment is payable against the purchase price then this will be needed immediately before exchange of contracts. The closing balance that is needed will be payable shortly before completion.

I am selling my flat in Highams Park. Does the property lawyer have to be required to be on the Bank of Ireland conveyancing panel in order to deal with repayment of my mortgage?

Ordinarily, even if your lawyer is not on the Bank of Ireland conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently at the moment.

Are there restrictive covenants that are commonly identified as part of conveyancing in Highams Park?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Highams Park. 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 decided to have a survey done on a property in Highams Park prior to instructing conveyancers. I have been advised that there is a flying freehold overhang to the house. My surveyor advised that some lenders tend refuse to issue a loan on this type of home.

It depends who your proposed lender is. Bank of Scotland has different requirements from Halifax. Should you wish to call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Highams Park. Conveyancing may be slightly more expensive based on your lender's requirements.

What is the best way to find the right lawyer for my conveyancing in Highams Park ?

Option 1 is to ask your friends and family they would would seek assistance from. Second, use a search tool on the internet for conveyancing in Highams Park. Telephone two or three from the list and ask them to email you their conveyancing quote and discuss your needs with the solicitor who will conduct your conveyancing before you commit. Option 3 is to make use of this site to assist you in finding the right solicitors for you based on your unique requirements including location,speed, complexity and who your intended lender is.Do not be fooled by lowest cost conveyancing solicitors in Highams Park