Me and my partner are intending to purchase a 3 bedroom flat in Ferryhill with a mortgage. We like our Ferryhill conveyancer, but the lender says she’s not on their "panel". It appears that we have no option but to use one of the bank panel solicitors or keep our Ferryhill conveyancing practitioner as well as pay for one of their panel ones to represent them. This seems very unfair; are we not able to insist that the mortgage company use our Ferryhill conveyancer ?
Unfortunately,no. The mortgage offered to you 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. A further alternative is for your Ferryhill conveyancing lawyer to apply to be on the conveyancing panel.
My wife and I are soon to exchange buying a house in Ferryhill but as a consequence of damage from the recent storms I have managed to agree reparation from the current proprietors in the sum of £3k taking the form of a reduction in the price. This was going to be dealt with as part of a side agreement yet Skipton will not agree to this. Why were they informed?
The conveyancing practitioner being on the Skipton conveyancing panel is duty bound to inform Skipton of any changes to the sale price. If you prohibit your conveyancing practitioner to disclose the reduction to Skipton then they would have to discontinue acting for you. In addition, Skipton and you would have to appoint a new solicitor for your conveyancing in Ferryhill.
My partner and I are selling our property in Ferryhill and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. Any local lawyer would know this is not the case. It does beg the question why the purchasers are using an online conveyancing practice as opposed to a conveyancing solicitor in Ferryhill. We have lived in Ferryhill for six years we know that this is a non issue. Is it a good idea to contact our local Authority to seek confirmation that there is no issue.
It sounds as though you may have a conveyancing firm already. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I am buying a new build apartment in Ferryhill. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Ferryhill
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. There must be mutual enforceability of lessee’s covenants. Please supply a car parking plan.
I decided to have a survey carried out on a property in Ferryhill before instructing lawyers. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some lenders will not give a mortgage on such a home.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Halifax. If you contact us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Ferryhill. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Ferryhill to see if the conveyancing will be more expensive.
I am thinking of appointing a conveyancing practitioner in Ferryhill for my home move. Is it possible to check a firm’s record with the legal regulator?
Anyone may search for documented Solicitor Regulator Association (SRA) determinations arising from investigations from 2008 onwards. Go to Check a solicitor's record. To find details Pre 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The regulator sometimes recorded call for training reasons.