We are buying a 1 bedroom apartment in Dorchester with a mortgage. We have a Dorchester solicitor, however the bank says he's not on their "panel". It seems we have little choice but to appoint one of the lender panel firms or retain our Dorchester conveyancer and pay for one of their panel lawyers to act for them. This seems very unfair; can we not demand that the lender use our Dorchester property lawyer ?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Dorchester conveyancing solicitor to apply to be on the conveyancing panel.
I have been told that property searches are the number one cause of stalling in Dorchester house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not figure amongst the common causes of hindrances during the legal transfer of property. Searches are unlikely to feature in any delay in conveyancing in Dorchester.
Due to the advice of my in-laws I had a survey completed on a house in Dorchester before retaining conveyancers. I have been told that there is a flying freehold overhang to the house. The surveyor advised that some mortgage companies tend not issue a mortgage on this type of premises.
It varies from the lender to lender. HSBC has different instructions for example to Halifax. Should you wish to telephone us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Dorchester. Conveyancing will be smoother if you use a solicitor in Dorchester especially if they are acquainted with such properties in Dorchester.
Given that I am about to spend over three hundred thousand on a two bedroom apartment in Dorchester I would like to talk to a solicitor concerning thehouse move before appointing the firm. Is this something that you can arrange?
Absolutely - it is our preference to talk to you we do not take any clients on without you first talking to the lawyer who will be carrying out your conveyancing in Dorchester.There is no ‘factory style conveyancing’ - each client is an important individual, not a file reference. The law firms that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in Dorchester should be the amount on the final invoice that you are charged.
I am in need of some leasehold conveyancing in Dorchester. Before I set the wheels in motion I would like to find out the remaining lease term.
If the lease is registered - and 99.9% are in Dorchester - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Dorchester Conveyancing for Leasehold Flats - Examples of Queries before buying
-
Who are the managing agents? The prefered form of lease arrangement is if the freehold interest is owned by the leaseholders. In this situation the tenants enjoy control and although a managing agent is usually retained where the building is bigger than a house conversion, the managing agent retained by the leaseholders. How much is the ground rent and service charge?
There are a number of lawyers listed on your site but can you recommend a good lawyer to do the buying of a flat in Dorchester. We are hoping to purchase the flat for £165000 with a mortgage from Leeds Building Society. We live in Dorchester but dont mind where they are.
The purpose of this site is limited to being a directory service for property lawyers who wish to be listed as being on the approved conveyancing panel for Leeds Building Society in certain areas such as Dorchester . We dont recommend any particular solicitor.