I plan on acquiring residence in Colliers Wood. My property lawyer is not listed on the bank approved panel. Is it possible for me to continue with my Colliers Wood conveyancing solicitor even though they are excluded from the mortgage company approved list?
You must appoint a lawyer to deal with the legal work required if you take out a mortgage to purchase your home. They will conduct all the essential investigations on the property, ensuring that you will be properly registered as the owner and ensure that all the necessary mortgage paperwork is in order. One may select a Colliers Wood conveyancing practitioner of your choosing. Nevertheless, where the lawyer selected is not on the bank conveyancing panel additional costs will be incurred as separate legal representation will be required by them. Conveyancing panel applications may be submitted, so if your solicitor has not previously applied for membership they should take the opportunity to apply.
It is is a decade since I purchased my home in Colliers Wood. Conveyancing solicitors have recently been retained on the sale but I can't locate my title deeds. Is this a problem?
Don’t worry too much. First there is a possibility that the deeds will be retained by your mortgage company or they may still be with the lawyers who oversaw your purchase. Secondly the chances are that the property will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors acquiring current official copies of the land registers. Most conveyancing in Colliers Wood relates to registered property but in the unlikely event that your home is unregistered it is more tricky but is not insurmountable.
Are there restrictive covenants that are commonly picked up during conveyancing in Colliers Wood?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Colliers Wood. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Am I right to be wary by brokers that I am dealing with are encouraging me to use a national conveyancing firm as opposed to a local Colliers Wood conveyancing company?
As is the case with lots of professional services, often referrals from connections can be extremely useful or valuable. But there are numerous people with a keen interest in a conveyancing transaction; estate agents, mortgage brokers and lenders might all suggest solicitors to appoint. On occasion these lawyers might be known to one of the organisations as experts in their field, but sometimes there exists a financial incentive behind the endorsement. You have the right to appoint your own conveyancer. However, bear in mind that many banks specify a panel list of conveyancers you have to use for the mortgage related work in your conveyancing.
Do online conveyancing companies do everything a local Colliers Wood solicitor does or do I still need to use a solicitor for the final stages for my conveyancing in Colliers Wood?
Where you choose an online conveyancer they should undertake all the things your Colliers Wood conveyancer will cover.