I am obtaining a mortgage offer from Halifax. I hope to retain the legal services of a Licensed Conveyancer in Biggleswade. Does the Halifax Conveyancing panel exclude conveyancers regulated by the CLC?
The Halifax conveyancing panel is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
Our lawyer has identified a a legal deficiency with the lease for the flat we are purchasing in Biggleswade. The seller’s lawyers have put forward defective title insurance as a workaround. We are content with insurance and will pay for it. Our property lawyer says that he must check that the bank is content with this solution. Who is the client here, us or the bank?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the mortgage company are the client. Your property lawyer must comply with the UK Finance Lenders’ Handbook provisions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
We are buying a flat and require a conveyancing solicitor in Biggleswade who is on the Bank of Ireland approved panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Bank of Ireland . We don't recommend any particular firms conducting conveyancing in Biggleswade.
five months have elapsed since my purchase conveyancing in Biggleswade took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the advice of my in-laws I had a survey completed on a house in Biggleswade ahead of appointing solicitors. I have been advised that there is a flying freehold aspect to the house. My surveyor has said that some mortgage companies may not give a mortgage on this type of home.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Halifax. If you contact us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Biggleswade. Conveyancing will be smoother if you use a solicitor in Biggleswade especially if they are familiar with such properties in Biggleswade.
As co-executor for the estate of my aunt I am disposing of a residence in Neath but reside in Biggleswade. My conveyancer (approximately 250 kilometers from mehas requested that I sign a stat dec ahead of the transaction finalising. Could you suggest a conveyancing lawyer in Biggleswade to witness this legal document for me?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will suffice regardless of whether they are located in Biggleswade