My financial adviser says he needs my March law firm’s panel reference for the Nationwide conveyancing panel. How do I obtain this. I have tried my local March branch but they don't know it.
Have you tried contacting your March conveyancing practitioner about this?. They maintain a central record lender panel numbers.
My wife and I are about to complete on the purchase of a property in March but as a result of wreckage from the recent storms I have was able negotiate recompense from the seller of £2k taking the form of a reduction in the price. I had intended this to be addressed as part of the conveyancing process yet UBS will not agree to this. Should they have been approached?
Any lawyer that is on a UBS conveyancing panel is obliged to advise UBS of any changes to the purchase price. If you were to refuse your lawyer to report the reduction to UBS then they would have to discontinue acting for you. In addition, UBS and you would have to appoint a new property lawyer for your conveyancing in March.
Having sold my house in March last August yet the purchaser is whats apping every few hours complaining that their lawyer needs to hear from myconveyancer. What should my lawyer have done now that I have sold?
After completion of your house sale your lawyer is committed to forward the transfer documentation and all additional paperwork to the buyer’s conveyancer. Depending on the transaction, your lawyer must also send confirmation that the mortgage has been repaid to the purchasers lawyers. There are no post completion requirements peculiar conveyancing in March.
I am purchasing a property in March. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender UBS be concerned?
As your lender is UBS your lawyer must check the conveyancing requirements contained in Section two of UK Finance Lenders’ Handbook for UBS. The Council of Mortgage Lenders’ Handbook sets out minimum conditions for solar panel roof-space leases, and conveyancers are required to report to UBS where a lease does not comply with these provisions. The specifications relate to the installation of panels on properties in England and Wales and is not isolated to March.
I currently have a mortgage with Bank of Ireland for my property in March. Conveyancing has been completed months ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Bank of Ireland?
Bank of Ireland must be informed of your intention before letting out your property as this is likely to be a breach of Bank of Ireland’s mortgage conditions. It may be that Bank of Ireland will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Bank of Ireland directly. It should not be necessary to do this via a Bank of Ireland conveyancing panel lawyer.
I recently had an offer accepted on a house in March. My financial adviser suggested a conveyancing practitioner. I paid an on account payment of £150. A couple of days later, the conveyancer contacted me sheepishly admitting that they were not on the Barclays conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Barclays panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a simple, no chain conveyancing. March is where the house is located. Can you offer any guidance?
Flying freeholds in March are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside March you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in March may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I am thinking of appointing a conveyancing practitioner in March for my sale. Can I see a solicitor's complaints history with the profession’s regulator?
Members of the public can see documented Solicitor Regulator Association (SRA) decisions resulting from investigations commenced on or after 1 January 2008. Go to Check a solicitor's record. For records about the period before 1 January 2008, or to check a firm's history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, use +44 (0)121 329 6800. The regulator could recorded call for training reasons.