My partner and I are purchasing a leasehold flat in Gamston. My property lawyer is not listed on the bank approved panel. Is it possible for me to retain my Gamston conveyancing solicitor even though they are not on the mortgage company approved list?
You have a couple of choices available to you here
- Complete the purchase with your chosen Gamston property lawyer but your lender will undoubtedly instruct a property lawyer from their approved list. This will result in additional cost and potential interruption.
- Choose a new property lawyer to conduct the conveyancing, obviously checking they are on the lender conveyancing panel.
- Appeal to your solicitor to seek to join the lender panel
Are the Gamston conveyancing solicitors identified as being on the Barclays conveyancing panel, together with their details provided by Barclays?
Gamston conveyancing firms themselves provide us confirmation that they are on the Barclays conveyancing panel as opposed to being supplied with a list from Barclays directly.
Do the Building Society Association intend to launch a searchable register to to identify solicitors on the Norwich and Peterborough Building Society conveyancing panel for example in Gamston?
We are not aware of any intention on the part of the BSA to develop such a tool.
Will our conveyancer be raising questions regarding flooding as part of the conveyancing in Gamston.
The risk of flooding is if increasing concern for conveyancers conducting conveyancing in Gamston. There are those who purchase a property in Gamston, completely aware that at some time, it may suffer from flooding. However, aside from the physical destruction, if a property is at risk of flooding, it may be difficult to get a mortgage, suitable insurance cover, or dispose of the premises. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.
Lawyers are not best placed to give advice on flood risk, but there are a number of checks that can be carried out by the purchaser or by their solicitors which will give them a better appreciation of the risks in Gamston. The standard information sent to a buyer’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual inquiry of the owner to determine if the premises has suffered from flooding. In the event that flooding has previously occurred which is not revealed by the vendor, then a buyer may issue a compensation claim stemming from an misleading answer. The buyer’s solicitors should also order an enviro report. This should indicate whether there is any known flood risk. If so, further investigations will need to be carried out.
Is it possible to change conveyancer as I need to find a firm on the Skipton Building Society conveyancing list. I hired a local conveyancing solicitor in Gamston round the corner but he is not accepted by Skipton Building Society
We will our best to assist in finding you a conveyancing solicitor in Gamston on the Skipton Building Society panel. Please note that the solicitors that we on the directory do not pay us a referral fee if you instruct them and are regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Gamston. Using search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Gamston.
Our conveyancer has advised that he intends to complete and exchange simultaneously on the disposal of our £400,000 flat in Gamston in 5 days. The freeholder has quoted £420 for Certificate of Compliance, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Gamston?
Gamston conveyancing on leasehold maisonettes normally requires the buyer’s lawyer sending questions for the landlord to address. Although the landlord is under no legal obligation to address these enquiries the majority will be content to assist. They may charge a reasonable charge for responding to enquiries or supplying documentation. There is no upper cap for such fees. The average fee for the paperwork that you are referring to is £350, in some cases it is in excess of £800. The administration charge demanded by the landlord must be accompanied by a summary of rights and obligations in respect of administration fees, otherwise the charge is not strictly payable. Reality however dictates that one has no choice but to pay whatever is requested of you if you want to exchange contracts with the buyer.
Leasehold Conveyancing in Gamston - Sample of Queries Prior to buying
How much is the ground rent and service charge? For many Gamston leaseholds the cost for major works tend not to be included within service charges, albeit that some managing agents in Gamston ask leasehold owners to contribute towards a reserve fund and this is used to offset against larger works. What prohibitions are contained in the Gamston Lease?