I can't travel far from London Colney. What is the rationale as to why all London Colney conveyancing practitioners are not on all mortgage company panels?

Mortgage companies highlight the fact that solicitor-led fraud is considered to be responsible for millions of pounds of fraud annually.The removal of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its outcome included recommendations for lenders to review their conveyancing panels, which triggered a major policy change in the sector. This led to mortgage companies pruning less reputable firms off their books of approved conveyancers .

I own a freehold house in London Colney but nevertheless invoiced for rent, why is this and what is this?

It is rare for properties in London Colney and has limited impact for conveyancing in London Colney but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges post 1977.

Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.

My grandfather passed away 10 months ago and as sole heir and executor I was left the house in London Colney. The house had a relatively small loan left on it of around £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Coventry BS, pay off the mortgage. Is this allowed?

Given you intend to re-mortgage then Coventry BS will insist on your using a conveyancer on the Coventry BS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Coventry BS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Coventry BS mortgage is registered as a charge at the Land Registry.

I decided to have a survey completed on a house in London Colney in advance of instructing lawyers. I have been advised that there is a flying freehold element to the house. My surveyor advised that some mortgage companies tend not grant a mortgage on this type of property.

It varies from the lender to lender. HSBC has different instructions from Halifax. If you call us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in London Colney. Conveyancing may be slightly more expensive based on your lender's requirements.

Is it simple use the search app to find a conveyancing practitioner in London Colney on the authorised to act for my bank?

1st pick a bank such as Yorkshire Building Society, Leeds Building Society or Alliance & Leicester then choose your preferred area such as London Colney. Conveyancing practices in London Colney and nationally should be shown.