My husband and I are purchasing a new build flat in Totteridge and my solicitor is advising me that she is duty bound to the bank to disclose incentives from the developer. I am nearing the developer’s deadline to exchange and I would rather not prolong deal. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We are looking to buy a house and require a conveyancing solicitor in Totteridge who is on the Nationwide conveyancing panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Nationwide . We don't recommend any particular firms conducting conveyancing in Totteridge.
Have purchased a a detached house in Totteridge , how long should it take for the Land Registry to deal with the formalities evidencing the transfer to my name? My Totteridge conveyancing solicitor works at snail pace, so I want to check the registration is addressed.
There is nothing unique about conveyancing in Totteridge registration formalities. Rather than based on location, timeframes can differ depending on the party submitting the application, whether it is in order and if the Land registry need to notify any interested persons or bodies. Currently roughly three quarters of submission are fully addressed in less than three weeks but some can be subject to protracted delays. Registration is effected after the purchaser is living at the premises thus an expedited registration is not typically primary concern yet if there is a degree of urgency associated with the registration then you or your conveyancer should contact the land registry and explain the circumstances.
I've recently found out that there is a flying freehold element on a property I have offered on last month in what was supposed to be a straight forward, chain free conveyancing. Totteridge is the location of the property. Can you shed any light on this issue?
Flying freeholds in Totteridge are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Totteridge you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Totteridge 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 residence.
Is it possible for you to suggest a conveyancing practitioner for conveyancing in Totteridge (or a few miles around that area)? This is for sale only.I did have one selected but just found out that are not on the panel for UBS.
LenderPanel.com is limited to being a directory service for conveyancing practitioners who want to be listed as being on the approved conveyancing panel for UBS in certain locations for example Totteridge . Our intention is not to recommend any specific property lawyer.