I am expecting a offer of a home loan from Nat West. I would like to employ the services of a Licensed Conveyancer in Castelnau. Does the Nat West Solicitor panel allow for Licensed Conveyancers?
The Nat West conveyancing panel is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
My wife and I have just acquired a property in Castelnau. We have noticed several problems with the property which we consider were overlooked in the conveyancing searches. Do we have any recourse? Can you clarify the type of searches that should have been ordered as part of conveyancing in Castelnau?
The question is not clear as to the nature of the problems and if they are relate to conveyancing in Castelnau. Conveyancing searches and investigations undertaken as part of the legal transfer of property are carried out to help avoid problems. As part of the process, a property owner answers a document called a SPIF. If the information is incorrect, then you may have a claim against the seller for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Castelnau.
We see that you have a search directory listing solicitors on the HSBC conveyancing panel. Do firms pay you a referral fee if I instruct them for our own conveyancing in Castelnau?
We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Castelnau.
We are planning on selling our house in Castelnau and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. A high street Castelnau conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers used an online conveyancing outfit as opposed to a conveyancing solicitor in Castelnau. We have lived in Castelnau for 5 years we know that this is a non issue. Do we get in touch with our local Authority to get clarification that the buyers are looking for.
It would appear that you have a conveyancing lawyer currently acting for you. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
How does conveyancing in Castelnau differ for new build properties?
Most buyers of new build property in Castelnau contact us having been asked by the builder to sign contracts and commit to the purchase even before the premises is completed. This is because new home sellers in Castelnau tend to buy the site, 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 Castelnau or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a property in Castelnau in advance of appointing lawyers. I have been told that there is a flying freehold aspect to the house. Our surveyor has said that some banks tend refuse to give a loan on such a home.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Castelnau. Conveyancing may be slightly more expensive based on your lender's requirements.