My husband and I are looking to buy a house in Northallerton and have instructed a Northallerton conveyancing firm. 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. Nottingham Building Society have this afternoon contacted us to advise us that they have now hit a problem as our Northallerton conveyancer is not on their conveyancing panel. Is this a problem?
When purchasing a property with mortgage finance it is conventional for the purchasers' lawyers 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 Quality 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 lawyers to represent them. You don't have to instruct a firm on the lender’s conveyancing panel and you may continue to use your own Northallerton solicitors, in which case it will likely add costs, and it will likely delay the transaction as you are adding another lawyer into the mix.
Completed the sale of my flat in Northallerton last March yet the purchaser is e-mailing daily complaining that her solicitor needs to hear from myconveyancer. What are the post completion sale legalities following completion?
After completion of your sale your lawyer should deliver the transfer deeds and all supplemental paperwork to the purchaser's conveyancer. Depending on the transaction, your conveyancer must also send confirmation that the home loan has been repaid to the buyers solicitors. There are no post completion steps specific conveyancing in Northallerton.
Me and my brother have a terraced Victorian house in Northallerton. Conveyancing lawyer represented me and HSBC Bank. I did a free Land Registry search last week and there are a couple of entries: the first freehold, the second leasehold under the exact same address. Is it worth asking HSBC Bank to clarify?
You need to read the Freehold register you have again and check the Charges Register as there may be 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 Northallerton 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 buyers. You can also check the position with the conveyancing lawyer who conducted the work.
How do I use the search app to find a conveyancing solicitor in Northallerton on the authorised to act for my lender?
Step one is to pick a mortgage company such as Santander, Virgin Money or Alliance & Leicester then specify your location a common one being Northallerton. Conveyancing firms in Northallerton and nationally will then be listed.
My husband and I are 18 days into a residential purchase having been directed to solicitors by the selling agent to handle our conveyancing in Northallerton. I am am starting to be disappointed with the quality of service. Could you help me find new solicitors?
A conveyancer would need to be really poor to suggest changing them. Has the mortgage been issued? If so you will need to make them aware of the new contact details and ensure the offer are re-sent. Your solicitor ideally should be on the banks panel to avoid supplemental fees and frustration. So that should be your starting point. Our search tool will help you find a lender approved solicitor for your conveyancing in Northallerton
For various reasons I cannot get to my Northallerton conveyancing lawyers office to sign documents connected to my conveyancing in Northallerton – is this a problem?
You need not be concerned. Northallerton conveyancing solicitors can handle conveyancing transactions for clients throughout the rest of the country. You are unlikely to be required to be present a Northallerton conveyancers office. Almost all solicitor can deal with everything remotely from their Northallerton premises.