I have just started taking steps with the aim of porting my current homeowner loan to a BTL Bank of Ireland mortgage. The bank has said that I must appoint a conveyancer as part of the process. I had a chat my previous London Colney conveyancing solicitor who acted on my behalf when I first purchased the property. The costs estimate supplied of £450 plus VAT has surprised me as its a remortgage than a sale or purchase.
The estimate does seem a tad on the high side. If you shop around you might decrease the fees slightly by perhaps £125. That being said, providing that you were happy with the legal work the firm gave you maylive to regret opting for an an untested lawyer. Don't forget to enquire that the solicitor can also act for Bank of Ireland. You can use our search tool to choose a London Colney conveyancing firm on the Bank of Ireland approved list of lawyers, which can often include conveyancing solicitors in London Colney.
Last September we completed a house move in London Colney. We have noticed several problems with the property which we consider were overlooked in the conveyancing searches. What action can we take? Can you clarify the nature of searches that should have been carried out as part of conveyancing in London Colney?
The question is vague as to the nature of the problems and if they are relate to conveyancing in London Colney. Conveyancing searches and investigations initiated during the buying process are designed to help avoid problems. As part of the process, the vendor fills in a document known as a Seller’s Property Information Form. If the information ends up being inaccurate, you may have a misrepresentation claim against the owner for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in London Colney.
Me and my brother own a terraced Georgian property in London Colney. Conveyancing practitioner acted for me and Barclays Direct. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold with the matching property. I thought I was buying a freehold how can I check?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in London Colney and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the situation with your conveyancing solicitor who conducted the conveyancing.
How do I identify a London Colney solicitor on the Yorkshire Building Society conveyancing panel? I have wheels and am prepared to travel upto 20kilometers to meet the conveyancer.
You can use the facility on this website. Please select a lender and your location and you will see a number of London Colney conveyancing lawyers located nearest you. We have detailed some London Colney conveyancing firms towards the end of this page and you can call them to verify if they are on the Yorkshire Building Society approved list
Should I go with a London Colney conveyancing practitioner based in the vicinity that I am purchasing? An old friend can execute the conveyancing but they are based a couple of hundredkilometers drive away.
The benefit of a high street London Colney conveyancing practice is that you can pop in to execute paperwork, deliver your identification documents and pester them if necessary. They will also have local knowledge which is a plus. However it's more important to get someone that will do a good and efficient job. If other friends have instructed your friend and in the main were impressed that should outweigh using an unknown London Colney conveyancing solicitor solely due to them being based in the area.