We are purchasing a 1 bedroom flat in Dosthill with a mortgage. We like our Dosthill conveyancer, but the bank advise he's not on their "panel". We have to appoint one of the bank panel solicitors or keep our Dosthill lawyer and pay for one of their panel ones to represent them. This feels very unfair; can we not insist that the mortgage company use our Dosthill property lawyer ?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’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 Dosthill conveyancing solicitor to apply to be on the conveyancing panel.
My wife and I are acquiring a brand new apartment in Dosthill and my lawyer is telling me that she is duty bound to the lender to reveal incentives from the developer. I am nearing the developer’s deadline to exchange and I would rather not delay the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Can I use your services to recommend a Conveyancing solicitor in Dosthill even if I’m not purchasing or selling a house, for instance where I want to buy a shop in Dosthill with a mortgage from Alliance & Leicester ?
The service is mainly used to get a quote from residential conveyancing solicitors in Dosthill but we have set out at the end of this page some Dosthill commercial conveyancing firms. You will need to enquire with the solicitors directly to establish if they can also act for Alliance & Leicester
I have been recommended a conveyancing solicitor in Dosthill. I I am struggling to find out whether they are on the Lloyds TSB Bank conveyancing panel. Can you assist?
You should phone your solicitor and ask them if they are on the lender panel. Otherwise please get in touch with Lloyds TSB Bank who may be able to help.
I am a fortnight into a leasehold purchase having been recommend to conveyancers by the high street agent to do our conveyancing in Dosthill. I am not happy. Could you you assist me in finding new conveyancers?
A solicitor would have to be really bad in order to consider changing them. Has your loan offer been issued? In the event that it has you need to make them aware of the new solicitor and ensure the mortgage documents are re-issued. Your solicitor ideally needs to be on the mortgage company panel to avoid added costs and frustration. So that should be your first question of the new lawyers. Our search tool can help you find a bank approved conveyancer for your home move in Dosthill
My wife and I purchased a leasehold house in Dosthill. Conveyancing and Virgin Money mortgage are in place. A letter has just been received from someone claiming to own the freehold. Attached was a ground rent demand for rent dating back to 1997. The conveyancing solicitor in Dosthill who previously acted has long since retired. Do I pay?
First make enquiries of the Land Registry to be sure that this person is in fact the new freeholder. It is not necessary to incur the fees of a Dosthill conveyancing lawyer to do this as it can be done on-line for £3. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Leasehold Conveyancing in Dosthill - Sample of Queries Prior to Purchasing
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How many of the leaseholders are in arrears for their service charge payments? Make sure you enquire if there is anything that is prohibited in the lease. For example plenty of leases prohibit pets being permitted in in a block in Dosthill. If you like the apartmentin Dosthill yet your cat can’t move with you then you will be faced difficult decision. It is important to be aware whether changing the roof or some other major work is due shortly to be shared between the tenants and may well dramatically impact the level of the service fees or necessitate a specific invoice.