I was told yesterday by my mortgage broker that my Radlett lawyer is not on the lender Conveyancing panel. How can I check?
The first thing you need to do is to call your Radlett conveyancer. It is reasonable to expect your lawyer to notify you what has happened. Where they are not on the panel they may be able to suggest a Radlett conveyancing firm that is on the approved list of lawyers for your mortgage company.
Completed the sale of my flat in Radlett last May yet the purchaser is calling daily to say his lawyer is waiting to hear from mylawyer. What should have happened now that I have sold?
Post completion of your sale your solicitor should deliver the transfer documentation and all supplemental paperwork to the purchaser's conveyancer. If applicable, your solicitor must also confirm that the legal charge in favour of the lender has been redeemed to the purchasers conveyancers. There is unlikely to be post completion tasks unique to conveyancing in Radlett.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Radlett. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 13/12/2024, the requirements read as follows :
I am looking for a flat up to £305k and found one near me in Radlett I like with open areas and railway links nearby, the downside is that it's only got 49 years unexpired on the lease. I can't really find anything else in Radlett in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?
If you need a mortgage the shortness of the lease may be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least twenty four months you can request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this matter.
Do I have to visit the offices of the mortgage company conveyancing panel solicitor to sign the mortgage deed? If so, I will choose one who does conveyancing in Radlett as it will be easier to pop in to their offices if required.
Most conveyancing panel lawyers for the lender undertake all of the work via the post, internet or over the phone. This means that they can undertake your Conveyancing Transaction no matter where you live in England or Wales. YOu dont have to use a conveyancing solicitor in Radlett. it would nevertheless be wise to check if you can still book an appointment to go into appointed conveyancing lawyer if you prefer.