Me and my fiance are intending to purchase a 2 bedroom flat in West Harrow with a mortgage. We have a West Harrow conveyancer, however the mortgage company advise he's not on their "panel". We have to appoint one of the mortgage company panel solicitors or keep our West Harrow conveyancer and pay for one of their panel ones to act for them. This feels very unfair; are we not able to insist that the mortgage company use our West Harrow conveyancer ?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your West Harrow conveyancing lawyer to apply to be on the conveyancing panel.
Should commercial conveyancing searches reveal impending roadworks that may impact a commercial estate in West Harrow?
Its becoming the norm that commercial conveyancing solicitors in West Harrow will carry out a SiteSolutions Highways report as it reduces the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in West Harrow. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in West Harrow.
For each commercial conveyancing transaction in West Harrow it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could cause delays to West Harrow commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not carried out for residential conveyancing in West Harrow.
I am buying a new build apartment in West Harrow. 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.
Here is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in West Harrow
Forfeiture - bankruptcy or liquidation must not apply under this provision. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
I opted to have a survey done on a house in West Harrow prior to retaining lawyers. I have been told that there is a flying freehold element to the property. The surveyor has said that some mortgage companies may not give a loan on a flying freehold home.
It depends who your proposed lender is. HSBC has different requirements from Halifax. Should you wish to call us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in West Harrow. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in West Harrow to see if the conveyancing will be more expensive.
Is it the case that all West Harrow law firms on every lender conveyancing panel?
The Lexsure search tool on this page may be of use or you can drop into your local bank branch in West Harrow. Chances are that they will know some good conveyancing solicitors in West Harrow