Is the fact that my solicitor in Edmonton is not on my mortgage company's conveyancing panel that there is a problem with the quality of her conveyancing?
That would most likely be an incorrect assumption to make. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Edmonton conveyancing practice and ask them why they are no longer on the approved list for your lender.
I am aiming to move home in December. Should my conveyancing solicitor update the removal company on the day of completion. On a separate note, can you suggest a removal company in Edmonton. Conveyancing firm was organised before I stumbled across this site.
On the afternoon of completion you will need to collect the keys from your estate agent but this should only occur once the sellers conveyancers inform the agent that the monies to complete are in and the keys can be released. Subsequently you will need to inform the removal men that you are ready to move in. We are not in a position to recommend a specific removal organisation but can help you find a residential property solicitor in Edmonton or a lawyer with expertise in conveyancing in Edmonton.
I am the only recipient of my late father’s estate with all property in now in my sole name, including the house in Edmonton. Conveyancing formalities meant that the Land Registry date was in October. I now wish to sell up. I understand that there is a Mortgage Lenders 6 month 'rule', which means that my property ownership could be considered the same way as though I had purchased the house in October. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be impacted by that. Some mortgage companies would take a practical view as this obligation chiefly exists to pick up on the purchase and immediately sell or the wholesaling and assigning of property.
I recently had an offer agreed on a house in Edmonton. My mortgage broker recommended their conveyancers. I paid an advanced payment of £225. A few days later, the lawyer contacted me sheepishly admitting that they were not on the Barclays conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Barclays panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I note that there are debates on Chancel Insurance on online forums. Am I compelled to have this when purchasing a residence in Edmonton? or I am told that there is a law dating back centuries that means some homeowners living in a parish church boundary may be liable to contribute towards repairs to the chancel in proximity to the church. Is this a legitimate concern for conveyancing in Edmonton?
Unless a previous purchase of the premises took place post 12 October 2013 you could assume that conveyancing practitioners delivering conveyancing in Edmonton to remain encouraging a chancel search and or insurance against a claim.
How does conveyancing in Edmonton differ for new build properties?
Most buyers of new build property in Edmonton contact us having been asked by the builder to sign contracts and commit to the purchase even before the premises is constructed. This is because builders in Edmonton usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Edmonton or who has acted in the same development.
I am a FTB in Edmonton, just starting to look for a home. I am in need of a Edmonton conveyancing solicitor. My family solicitor is located in Jersey and unable to assist.Is it possible for you to suggest a cheap Edmonton conveyancer that will act for us as well as represent HSBC?
LenderPanel.com is limited to being a directory service for conveyancers who want to be listed as being on the approved conveyancing panel for HSBC in certain locations such as Edmonton . Our intention is not to recommend any specific conveyancing practitioner.