We are planning to buy a 2 bedroom apartment in Colney Hatch with a mortgage. We would like to retain our Colney Hatch solicitor, but the lender advise he's not on their "panel". We have to appoint one of the lender panel solicitors or retain our Colney Hatch property lawyer as well as pay for one of their panel firms to represent them. This seems very unfair; is there anything we can do?
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. A further alternative is for your Colney Hatch conveyancing solicitor to apply to be on the conveyancing panel.
The owners of the property we are hoping to buy hired a conveyancing solicitor in Colney Hatch who has suggested a exclusivity agreement with a deposit two thousand pounds. Is it wise to enter into such agreements?
There are two primary concerns with signing a lock out contract (occasionally known as an exclusivity agreement) is that it takes away the focus from making progress with the conveyancing transaction itself, so unless it requires minimal or no negotiation then it could transpire to be a hindrance. It is not strongly advocated amongst Colney Hatch conveyancing lawyers as a result. The other main negative is the extent of the remedies available - an aggrieved purchaser is extremely unlikely to be granted an injunction to prohibit the vendor selling to an alternative purchaser, so the only remedy available under the contract will be the reimbursement of abortive charges and, in limited circumstances, the extra payment of damages.
I need some expedited conveyancing in Colney Hatch as I have a deadline to sign on the dotted line within one month. A home loan is not required. Can I avoid the conveyancing searches to save fees and time?
If.Given you are not getting a home loan you have the choice not to have searches conducted although no law firm would advise that you don't. Drawing on our experience of conveyancing in Colney Hatch the following are examples of what can crop up and adversely affect future mortgageability: Refused Planning Applications, Outstanding Fees, Overdue Grants, Railway Schemes,...
Taking into account that I will soon part with hundreds of thousands of pounds on 3 bedroom house in Colney Hatch I wish to talk to a lawyer about myhouse move prior to appointing the firm. Can this be arranged?
Absolutely - we would be happy to talk to you we do not take any clients on without you speaking to the lawyer due to be carrying out your property ownership legalities in Colney Hatch.There is no ‘factory style conveyancing’ - each client is an important person, not a file reference. The practices that we put you in touch with believe that the figure you are provided with for your conveyancing in Colney Hatch should be the amount on the final invoice that you are charged.
In my capacity as executor for the estate of my grandmother I am disposing of a house in Neath but I am based in Colney Hatch. My conveyancer (who is 260 miles from merequires that I execute a stat dec prior to completion. Could you suggest a conveyancing solicitor in Colney Hatch who can witness and place their company stamp on the document?
Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will do regardless of whether they are Colney Hatch based