My wife and I are looking to acquire a house in Lechlade and are in fact using a Lechlade conveyancing practice. Within the last couple of days our property lawyer has sent a preliminary report and documents to look through in anticipation of exchanging contracts shortly. TSB have this morning contacted us to inform me that they have now hit a problem as our Lechlade lawyer is not on their approved list of lawyers. Please explain?
When purchasing a property with mortgage finance it is usual 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 property lawyer 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 don't have to instruct a firm on the lender’s conveyancing panel and you may continue to use your own Lechlade solicitors, in which case your legal fees may increase, and it may delay matters as you are adding another lawyer into the mix.
Can I use your services to recommend a Conveyancing solicitor in Lechlade even where I’m not purchasing or selling a house, for instance where I intend to buy a shop in Lechlade with a loan from Alliance & Leicester ?
Our comparison service is primarily utilised to locate domestic conveyancing solicitors in Lechlade but we have recorded at the bottom of this page a selection of Lechlade commercial conveyancing firms. You will need to enquire with the company directly to see if they are also authorised to represent Alliance & Leicester
My wife and I are buying a property in Lechlade. It might be a silly question but how we can trust a conveyancer? On the day of competition we have to deposit money into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am helping my aunt sell her house in Lechlade. Does the conveyancer arrange an EPC or should I organise this?
Following the demise of Home Information Packs, energy performance certificates was kept a mandatory element of selling a property. An energy performance certificate needs to be commissioned prior to the property being advertised. This is not something that law firms normally organise. Where you are using a Lechlade conveyancing lawyer they might be willing to arrange EPC’s given their contacts with reputable Lechlade assessors
Are all Lechlade Conveyancing Quality Solicitors on the Leeds Building Society conveyancing list of approved practices?
A selection of banks and building societies now make use of the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their panels.
I am buying a house and the lawyer has referenced Chancel Repair to which the house could be obligated to contribute to given it’s proximity to the area of such a church. He has mentioned insurance. Is this really necessary for conveyancing in Lechlade
Unless a previous acquisition of the property took place after 12 October 2013 you can assume that solicitors handling conveyancing in Lechlade to continue to suggest a chancel search and or chancel repair liability insurance.
I have justbeen informed that Stirling Law have been shut down. They carried out my conveyancing in Lechlade for a purchase of a leasehold apartment 12 months ago. How can I establish that my home is not still registered in the name of the former proprietor?
The easiest method to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Lechlade conveyancing specialists.
Just had an offer accepted on a new build flat in Lechlade. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Lechlade
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Please supply a car parking plan. There must be mutual enforceability of lessee’s covenants. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?