I am hoping to receive a mortgage with Halifax. I intend to use a Licensed Conveyancer in Colliers Wood. Does the Halifax Conveyancing panel allow for conveyancers regulated by the CLC?
The Halifax conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
As someone not used to the Colliers Wood conveyancing process what’s your top tip you can give me for the ownership transfer in Colliers Wood
Not many law firms shout this from the rooftops but conveyancing in Colliers Wood or throughout South West London is often a confrontational process. In other words, when it comes to conveyancing there is plenty of opportunity for confrontation between you and other parties involved in the transaction. E.g., the vendor, estate agent and on occasion your lender. Choosing a solicitor for your conveyancing in Colliers Wood should not be taken lightly as your conveyancer is your adviser, and is the ONE party in the legal process whose interest is to act in your best interests and to protect you.
Every so often a third party with a vested interest will attempt to persuade you that it is in your interests to do things their way. For instance, the selling agent may claim to be assisting by suggesting your lawyer is dragging his heels. Or your mortgage broker may try to convince you to do something that is against your solicitors recommendation. You should always trust your lawyer above all other parties in the conveyancing process.
I am considering applying for a Yorkshire BS mortgage for purchase of a new build (under development) in Colliers Wood with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Yorkshire BS ?
There is nothing to stop you using your solicitor, but Yorkshire BS will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
I require fast conveyancing in Colliers Wood as I am under pressure to sign on the dotted line within 4 weeks. A mortgage is not required. Can I avoid the conveyancing searches to save fees and time?
As you are not getting a home loan you have the choice not to do searches although no lawyer would suggest that you don't. Drawing on our experience of conveyancing in Colliers Wood the following are examples of what can show up and adversely impact future saleability: Enforcement Notices, Overdue Charges, Overdue Grants, Road Schemes,...
Just had an offer accepted on a new build flat in Colliers Wood. Conveyancing is daunting 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 conveyancing.
Here are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Colliers Wood
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.