Me and my fiance are buying a 1 bedroom flat in Parson Cross with a mortgage. We wish to retain our Parson Cross conveyancer, however the lender says he's not on their "panel". We have to appoint one of the bank panel solicitors or retain our Parson Cross solicitor as well as pay for one of their panel firms to represent them. We regard this is unjust; can we not demand that the bank use our Parson Cross lawyer ?
No, not really. The mortgage offered to you 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. A further alternative is for your Parson Cross conveyancing solicitor to apply to be on the conveyancing panel.
Is there a search tool that I can use to find out if the solicitor carrying out my conveyancing in Parson Cross is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Santander thus spending £192.00 in another set of legal bill.
You should make the most of the find a lender approved solicitor tool on this site. Pick the mortgage company and type ‘Parson Cross’ or your location and you will be presented with a number of lawyer located in Parson Cross or by proximity to you.
Are there restrictive covenants that are commonly picked up during conveyancing in Parson Cross?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Parson Cross. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Parson Cross differ for new build properties?
Most buyers of new build or newly converted property in Parson Cross contact us having been asked by the seller to exchange contracts and commit to the purchase even before the house is completed. This is because house builders in Parson Cross usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Parson Cross or who has acted in the same development.
Is it possible to transfer to a new conveyancer as I have to retain one who is on the Virgin Money conveyancing panel. I hired a local conveyancing solicitor in Parson Cross five minutes from me but the firm is not approved by Virgin Money
It would be our pleasure to assist you find a conveyancing solicitor in Parson Cross on the Virgin Money panel. Please note that the conveyancers that we on the directory do not pay us commission if you instruct them and are under regulation of the SRA who oversee all conveyancing solicitors in Parson Cross. In making use of search facility on this site, you can compare costs for conveyancing solicitors in Parson Cross and beyond.
My parents cant seem to find their Parson Cross land registry title on the site. They have a vague recollection back in the 60’s when they bought the house there were complications with the post code not being recognised in some systems.
Nearly all premises in Parson Cross should appear. Have you endevoured to search with simply the postcode. Usually it will mention all the residences inside the postcode. Where registered it will show up with a title number. If they bought back in the 60’s it's conceivable it may be not yet registered. The property might still be revealed but with the title number shown 'na'. In this scenario you will need to find the original title papers which may be with your parent’s bank.