My partner and I are hoping to buy a home in Boreham and have appointed a Boreham conveyancing practice. Within the last couple of days our lawyer has forwarded the sale agreement to be signed with a detailed report in anticipation of exchanging contracts shortly. Virgin Money have this evening contacted us to advise us that they have now hit a problem as our Boreham conveyancer is not on their approved list of lawyers. Is this a problem?
If you are buying a property requiring a mortgage it is conventional for the purchasers' solicitors to also act for the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your solicitor should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on the lender’s conveyancing panel as you are at liberty to use your preferred Boreham lawyers, in which case it will likely add costs, and it may delay matters as you have another set of people involved.
Please could you recommend a Leeds Building Society allowed Boreham conveyancing firm that can complete within less than a month? Would it be better to use a local Boreham firm or an online firm?
We can recommend some very good Boreham conveyancing firms. You can also walk up the main road in Boreham. Go in to two or three law practices and ask to see a conveyancing solicitor for a fee estimate. Explain your expectations together with your reasons and ask for an assurance on your deadline. Choose the one that you are most comfortable with.
I am looking to buy a house and need a conveyancing solicitor in Boreham who is on the The Royal Bank of Scotland conveyancing. 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 listed as being on the approved conveyancing panel for The Royal Bank of Scotland in certain locations such as Boreham. We dont recommend any particular firm.
My colleague advised me that if I am purchasing in Boreham I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually included in the estimate for your Boreham conveyancing searches. It is a large report of more than thirty pages, listing and setting out significant information about Boreham around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Boreham Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Boreham Education with plans and statistics, Local Amenities and other useful data regarding Boreham.
I purchased a renovated Victorian house in Boreham. Conveyancing practitioner represented me and National Westminster Bank. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold under the matching property. Is it worth asking National Westminster Bank to clarify?
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Boreham and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the situation with the conveyancing practitioner who conducted the purchase.
My father-in-law has recommend that I use his conveyancing solicitors in Boreham. Do I follow his advice?
There are no two ways about it the ideal way to choose a conveyancing practitioner is to get referrals from friends or family who have used the conveyancer you're are thinking of instructing.