Much to our surprise we have been advised by our mortgage adviser that my Finchley solicitor is not on the lender Conveyancing panel. How can I be certain that this is indeed the case?
You need to contact your Finchley lawyer directly. You lawyer should advise you what has happened. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
We note that you have a post code search directory listing firms on the Principality conveyancing panel. Do companies pay you a commission if I retain them for our own conveyancing in Finchley?
We are a listing service only for law firms wishing to communicate if they are on the Principality conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Finchley.
Various web forums that I have come across warn that are the number one reason for hinderance in Finchley conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released determinations of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of hindrances in the conveyancing process. Local searches are unlikely to feature in any delay in conveyancing in Finchley.
Yesterday I discovered that there is a flying freehold element on a property I have offered on a fortnight ago in what should have been a straight forward, chain free conveyancing. Finchley is where the house is located. What do you suggest?
Flying freeholds in Finchley are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Finchley you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Finchley may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
We are 3 weeks into a leasehold purchase having been referred to solicitors by the local agent to handle our conveyancing in Finchley. I am am starting to be dissatisfied with the quality of service. Can you help me find new solicitors?
A conveyancer would have to be really bad in order to consider replacing them. Has your mortgage been sent? If so you need to advise them of the new contact details and have the loan are issued to the new lawyers. The conveyancer should be on the mortgage company panel to avoid escalating charges and delays. So that should be your first question of the new solicitors. Our find a solicitor tool should assist you in finding a lender approved solicitor for your home move in Finchley