I was informed today by my broker that my Westbury property lawyer is not on the mortgage company Solicitor panel. What can I do to check?
The best course of action for you to take is to call your Westbury lawyer directly. You lawyer should notify you of the situation. Where they are not on the panel they may be able to suggest a Westbury conveyancing practice that is on the conveyancing panel for your bank.
The vendors of the property we are purchasing are using a conveyancing solicitor in Westbury who has suggested a exclusivity contract with a payment of 5k. Are such agreements recommended for Westbury conveyancing transactions?
This form of preliminary agreement isn't common in Westbury, conveyancers are not keen on them as they detract from the primary focus, namely conveyancing and if you end up losing your deposit then the solicitor is left exposed. In addition, there is no certainty that just because the seller has executed an exclusivity agreement they will sell to you. They may breach the agreement if they receive a big enough incentive to do so because an aggrieved purchaser with the benefit of a lockout agreement will still be duty bound to establish consequential losses from the breach and this may not equate the extra amount that the owner may obtain by breaking the agreement, no matter how morally reprehensible it undoubtedly is.
I am selling my flat in Westbury. Does the conveyancer need to be on the Skipton conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Skipton conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently in recent years.
What will a local search inform me concerning the house we're buying in Westbury?
Westbury conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search company for instance Xpress Legal The local search is essential in every Westbury conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your new home. The search should reveal information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject areas.
The deeds to my home are lost. The lawyers who handled the conveyancing in Westbury 5 years ago no longer exist. What do I do?
Assuming you have a registered title the details of your proprietorship will be held by the Land Registry with a Title Number. It is easy to conduct a search at the Land Registry, find your property and obtain current copies of the property title for less than a fiver. Where the property is Leasehold then the Land Registry will in most cases retain a file duplicate of the Registered Lease and again, a copy can be obtained for twenty pounds.
Is it best to choose a Westbury conveyancing lawyer in close proximity to the house I am purchasing? We have a good friend who can carry out the conveyancing however his firm is located 400kilometers drive away.
The primary upside of using a local Westbury conveyancing practice is that you can visit the firm to execute paperwork, deliver your ID and apply pressure on them where appropriate. Having local Westbury know how is a plus. However nothing is more important than finding someone that will do a good and efficient job. If other friends have used your friend and they were happy that should outweigh using an unfamiliar Westbury conveyancing solicitor just because they are based in the area.