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Find a Northolt Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Northolt

My fiance and I are hoping to purchase a home in Northolt and have instructed a Northolt conveyancing firm. Within the last couple of days our solicitor has sent a preliminary report and documents to look through in anticipation of exchanging contracts shortly. The Royal Bank of Scotland have this evening contacted us to inform me that there is now an issue as our Northolt lawyer is not on their conveyancing panel. Is this a problem?

When purchasing a property with the benefit of a mortgage it is conventional for the purchasers' solicitors to also represent the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyer should contact your lender and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on the lender’s conveyancing panel as you are at liberty to use your preferred Northolt lawyers, in which case it will likely add costs, and it may delay matters as you are adding another lawyer into the mix.

It is 10 years ago since I acquired my house in Northolt. Conveyancing lawyers have now been instructed on the sale but I can't find my deeds. Is this a problem?

You need not be too concerned. First there is a chance that the deeds will be retained by the mortgage company or they could be in the possession of the lawyers who handled the purchase. Secondly the likelihood is that the land will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers procuring up to date copy of the land registers. Nearly all conveyancing in Northolt involves registered property but in the unlikely event that your home is unregistered it is more of a problem but is resolvable.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Northolt. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Set out below are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Northolt

    The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please provide evidence that the form of Lease proposed has been approved by the Land Registry.

In my capacity as executor for the will of my aunt I am selling a residence in Newport but live in Northolt. My lawyer (who is 260 kilometers from merequires that I sign a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing solicitor in Northolt who can witness this legal document for me?

strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are Northolt based

I've recently bought a leasehold house in Northolt. Am I liable to pay service charges relating to a period prior to my ownership?

In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Having spent years of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Northolt. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?

Absolutely. We can put you in touch with a Northolt conveyancing firm who can help.

An example of a Lease Extension decision for a Northolt premises is GFF 1 Holyrood Avenue in May 2014. The Tenant wished to acquire a new (extended) lease and applied to the Willesden County Court who granted a vesting order on 20* March2013. The Tribunal decied that the premium to be paid was £9,062 This case was in relation to 1 flat. The unexpired residue of the current lease was 79 years.

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