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Find a Kingsbury Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Kingsbury? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Kingsbury transaction at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Kingsbury conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Kingsbury

IfI was to purchase a freehold housein Kingsbury mortgage fee and dispense with a survey and no local authority searches how much should I expect to to save on my conveyancing in Kingsbury?

The only saving you would achieve is the Kingsbury conveyancing searches. Your conveyancer is obliged to do the vast majority of work - money laundering, correspond with the sellers conveyancing practitioner, stamp duty return, register the title etc. You might save a bit for them not needing to register a charge but it won't be meaningful.

I have a decision in principle. The lender mentioned the home loan came with free conveyancing. Is the implication that I have to instruct their panel conveyancer as I would much rather use a Kingsbury based conveyancing firm?

Do check but the the likelihood is that give you one of their panel lawyers should you want the "fee-free" offer. Call the bank to check if they offer you a cash alternative. In the past a few mortgage companies offered a £250 cashback as an alternative in which case that money can go towards your preferred conveyancing solicitor in Kingsbury.

When it comes to mortgage companies such as Nottingham, do Kingsbury property lawyers have to pay an annual charge to be on the list of approved solicitors?

We are not aware of any lender fees to be on their list of approved firms, although some do levy an administration charge to deal with the processing of the conveyancing panel application.

We were going to get a AIP from Bank of Ireland this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Bank of Ireland recommend any Kingsbury solicitors on the Bank of Ireland conveyancing panel, or is it better to go independently?

You will need to appoint Kingsbury solicitors independently although you'll need to choose one on the Bank of Ireland conveyancing panel. The solicitor represents both you and Bank of Ireland through the process.

After weeks of negotiation I have agreed a price on an apartment in Kingsbury. My financial adviser suggested a conveyancing practitioner. I paid an upfront payment of £150. Shortly after, the lawyer contacted me sheepishly admitting that they were not on the Aldermore 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 Aldermore 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.

Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what should have been a quick, no chain conveyancing. Kingsbury is the location of the property. What do you suggest?

Flying freeholds in Kingsbury are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Kingsbury you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Kingsbury 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 property.

Do you have any advice for leasehold conveyancing in Kingsbury from the perspective of saving time on the sale process?

  • Much of the frustration in leasehold conveyancing in Kingsbury can be avoided where you instruct lawyers as soon as your agents start advertising the property and request that they start to collate the leasehold documentation needed by the purchasers’ solicitors.
  • Many landlords or Management Companies in Kingsbury levy fees for supplying management packs for a leasehold home. You or your lawyers should find out the fee that they propose to charge. The management information can be applied for as soon as you have a buyer, thus reducing delays. The typical amount of time it takes to receive management information is three weeks. It is the most frequent reason for delay in leasehold conveyancing in Kingsbury. Some Kingsbury leases require Licence to Assign from the landlord. If this is the case, it would be prudent to place the estate agents on notice to make sure that the purchasers obtain bank and professional references. Any bank reference will need to confirm that the buyers are financially capable of paying the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the buyers or their solicitors. If there is a history of any disputes with your landlord or managing agents it is essential that these are resolved prior to the flat being put on the market. The buyers and their solicitors will be reluctant to purchase a property where there is an ongoing dispute. You may have to bite the bullet and discharge any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the buyers, but it is better to present the dispute as over rather than unsettled. You may think that you are aware of the number of years remaining on your lease but it would be advisable verify this by asking your lawyers. A purchaser's conveyancer will not be happy to advise their client to to exchange contracts if the remaining number of years is below 80 years. It is therefore important at an as soon as possible that you identify whether the lease for your property needs extending. If it does, contact your solicitors before you put your home on the market for sale.

Despite our best efforts, we have been unsuccessful in seeking a lease extension in Kingsbury. Can this matter be resolved via the Leasehold Valuation Tribunal?

Most certainly. We can put you in touch with a Kingsbury conveyancing firm who can help.

An example of a Lease Extension matter before the tribunal for a Kingsbury residence is 27B Hillside in February 2010. the resulting premium, all other aspects of the valuation having been agreed between the parties was set at £8,250 This case related to 1 flat. The unexpired term was 70.25 years.

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Find out more about how flying freehold can affect your the value of a property.