My friend's mother is a property lawyer. I expect that I will be offered friends and family rates for conveyancing, but if not, what kind of fees would I typically be looking at for conveyancing in North London?
It’s advisable to obtain multiple conveyancing quotes. Do use our search tool on this site. You will notice that amounts will vary but service levels do are distinct between solicitors as is true with the vast majority of professional services.
My partner and I are getting closer to an exchange on a house in North London and my parents have transferred the exchange deposit to my property lawyer. I am now told that as the deposit has been sent from someone other than me my conveyancing practitioner needs to disclose this to my mortgage company. I am advised that, in also acting for the lender he must inform them that the balance of the purchase price is not just from me. I disclosed to the bank regarding my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?
The conveyancing practitioner is duty bound to check with lender to ensure that they know that the balance of the purchase price is not from your own funds. The solicitor can only report this to your bank if you agree, failing which, your lawyer must cease to continue acting.
Finally the sale completed on my house in North London last September but my buyer keeps SMS messaging daily to moan that his conveyancer needs to hear from mysolicitor. What are the post completion sale legalities now that I have sold?
After completion of your sale your conveyancer is committed to send the transfer documentation and all supplemental paperwork to the purchaser's conveyancer. Depending on the transaction, your conveyancer should also evidence that the legal charge in favour of the lender has been redeemed to the purchasers solicitors. There are no post completion formalities specific conveyancing in North London.
My aunt pointed out to me me that in purchasing a property in North London there could be a number of restrictions limiting what one can do in terms of external alterations to a property. Is this right?
There are a number of properties in North London which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in North London should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
My partner and I are in the process of viewing houses in North London and I am about to put in an offer. Is it wise to have my property lawyer on ‘stand by’? I am planning to take a home loan with Nottingham.
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 pass their contact information on to the EA. As you are obtaining a mortgage with Nottingham, make sure you remember to check that your lawyer is on the Nottingham conveyancing panel.
I was told four weeks ago that my mortgage has been agreed to by Lloyds. Is it usual for Lloyds to only issue the offer once my solicitor in North London is approved on their conveyancing panel? Lloyds have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Lloyds to deal with your lawyer's application to be on the Lloyds conveyancing panel. There's no guarantee that your solicitor will be accepted.
I am a first time buyer in North London, just beginning the hunt for a home. I am in need of a North London conveyancing solicitor. The family lawyer is located in Jersey and unable to help.Can you suggest a cheap North London conveyancing practitioner that can help us as well as represent Bank of Ireland?
The purpose of this site is restricted to being a directory service for solicitors who wish to be listed as being on the approved conveyancing panel for Bank of Ireland in certain locations for example North London . We dont recommend any particular solicitor.