Our solicitor has identified a a legal deficiency with the lease for the flat we are purchasing in Langland. The other side have offered defective title insurance as a workaround. We are happy with insurance and will pay for it. Our conveyancer says that he must check that the lender is content with this solution. Are we the client or is the lender?
Even though you have a mortgage offer from the mortgage company does not mean to say that the property will meet their conditions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the bank are the client. The appropriate lender specifications must be adhered to.
Can your site be used to recommend a Conveyancing solicitor in Langland even if I’m not purchasing or selling a house, for example if I want to buy a shop in Langland with a mortgage from Platform Home Loans Ltd?
Our search tool is predominantly used to select residential conveyancing solicitors in Langland but we have recorded towards the bottom of this page some Langland commercial conveyancing firms. You should enquire with the firm directly to see if they can also act for Platform Home Loans Ltd
My wife and I are purchasing a property in Langland. I might seem paranoid but how we can trust a solicitor? At some point we will need to send money into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
When it comes to mortgage companies such as Lloyds, do Langland conveyancers have to pay a yearly amount to be on the list of approved solicitors?
We are not aware of any mortgage company fees to register on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
is it true that all Langland solicitor firms on the Principality conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the Principality approved list of solicitors they would need to be overseen by the Solicitors Regulatory Authority. Many mortgage companies do allow licenced conveyancers on their panel in which case such firms would be regulated by the CLC.
Have completed on a a detached house in Langland , how long will it take for the Land Registry to record the transfer to my name? My Langland conveyancing solicitor works at snail pace, so I want to check that my name is registered.
As far as conveyancing in Langland is concerned, registration is no faster or slower than the rest of England and Wales. As opposed to being determined by geographic area, timescales can adjust according to who lodges the application, whether there are errors and whether the Land registry communicate with any 3rd parties. As of today in the region of 80% of such applications are completed within two weeks but occasionally there can be extensive delays. Historically registration is effected once the purchaser is living at the premises so 'speed' is not typically primary concern yet where there is a degree of urgency associated with the registration then you or your solicitor can contact the land registry and explain the circumstances.
How easy is it to use the search tool to get a fee calculation from a conveyancing practitioner in Langland on the authorised to act for my mortgage?
1st select a mortgage company such as Barclays , The Mortgage Works or Nottingham Building Society then type in your preferred area a common one being Langland. Conveyancing firms in Langland and further afield should be identified.
My partner is buying a studio flat in Langland. He was given a quote by the conveyancing practitioner recommended by the estate agents totaling £1156 . It was fifteen years ago I sold and bought a property and the bill was £450. Have costs really gone up that much?
What does the conveyancing estimate include? Is it just for the legal fees, or what you will be paying in total (for example Langland searches, land registry fees, etc)