We are purchasing a 2 bedroom apartment in Norbiton with a mortgage. We like our Norbiton solicitor, but the bank says he's not on their "panel". It seems we have little choice but to use one of the mortgage company panel conveyancing practices or retain our Norbiton conveyancer and pay for one of their panel firms to act for them. We regard this is inequitable; can we not require that the mortgage company use our Norbiton conveyancing practitioner ?
Unfortunately,no. Your mortgage offer 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 Norbiton conveyancing lawyer to apply to be on the conveyancing panel.
At what point can the exchange of contracts take place for purchase conveyancing in Norbiton and am I required to be at the lawyers office?
If you are in close proximity to one of the conveyancing solicitors in Norbiton you are welcome to come in to sign the paperwork. That being said, the firms we work with offer a nationwide conveyancing service and provide just as detailed and professional a job for you when communicating with you digitally. The signing of the sale agreement is not the point of no return. Signing on the dotted line is necessary for the firm to officially exchange when the time is right, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Norbiton)to be in the office at the appropriate time.
I own a renovated Edwardian property in Norbiton. Conveyancing practitioner represented me and Godiva Mortgages Ltd. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, another for leasehold under the exact same property. Is it worth asking Godiva Mortgages Ltd to clarify?
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Norbiton and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with your conveyancing lawyer who completed the work.
I decided to have a survey completed on a house in Norbiton ahead of instructing solicitors. I have been advised that there is a flying freehold aspect to the property. Our surveyor advised that some lenders may not give a loan on this type of home.
It varies from the lender to lender. Bank of Scotland has different requirements from Birmingham Midshires. If you contact us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Norbiton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Norbiton to see if the conveyancing will be more expensive.
I am looking to sell my home. My previous lawyers have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Norbiton if that affects matters.
Do use our search tool to help you find a solicitor for your conveyancing in Norbiton. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
I have been Googling for Norbiton online conveyancing estimates. Can I be assured that all the Norbiton practices that are identified on your directory are on the mortgage company conveyancing panel?
The law firms listed on our site have assured us via an online form that they are on the lender panel and agreed to advise us to take down their listing in the event of removal off of the mortgage company panel. To date we have not been informed by either a bank or a member of the public that the data about a specific Norbiton firm being on the mortgage company conveyancing panel is not accurate.