I am not in a position to travel far from Finsbury Park. I would like to know the logic why all Finsbury Park conveyancing practitioners are not on all lender panels?

Before the recession most lenders had an attitude to risk which differs from the current day. The financial regulator in 2010 carried out a thematic review into property fraud which concluded: know the conveyancing practitioners on your panel. As a result, mortgage companies have since looked to extract more information from law firms regarding their processes and the individuals who work for them and set certain criteria such as completing a minimum number of transactions. Hundreds of firms have found themselves removed from lender panels even though they had an exemplary disciplinary record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Such firms were never going to meet the minimum volume of transactions the mortgage companies set.

We are expecting a mortgage offer soon. The lender mentioned the home loan came with free conveyancing. Is the implication that I have to instruct their panel conveyancer as I would much rather appoint a Finsbury Park based conveyancing firm?

You should check but the the likelihood is that give you one of their panel conveyancers where you want the "fee-free" deal. Call the bank and check if they offer you a monetary alternative. Some lenders have previously offered a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor in Finsbury Park.

Do commercial conveyancing searches reveal planned roadworks that could impact a commercial premises in Finsbury Park?

Many commercial conveyancing solicitors in Finsbury Park will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Finsbury Park. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Finsbury Park.

For each commercial conveyancing transaction in Finsbury Park it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could cause delays to Finsbury Park commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not carried out for residential conveyancing in Finsbury Park.

Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what should have been a quick, chain free conveyancing. Finsbury Park is the location of the property. Can you shed any light on this issue?

Flying freeholds in Finsbury Park are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Finsbury Park you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Finsbury Park may determine 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 property.

My company is planning to take an assignment of a lease of a shop on a shopping parade. Can you recommend conveyancers offering fixed fees for non-domestic conveyancing in Finsbury Park for less than £1,200?

We can recommend firms who have an in-depth of experience of commercial conveyancing in Finsbury Park, including the sale and purchase of businesses as well as simply property. Whether you are intending to acquire or dispose of a shop, pub, restaurant, office, retail unit or a complete business we can find you the right firm. As for the fees these will vary based on the structure and nuances of the proposed transaction. Please provide us with your contact information or call so as to enable us to provide you with a fixed commercial conveyancing quote.