I plan on buying an apartment in Pimlico. My lawyer has never been on on the bank conveyancing list. Am I still permitted to continue with my Pimlico conveyancing solicitor notwithstanding that they are excluded from the mortgage company panel of approved conveyancing solicitors?
You have a couple of options available to you here
- Carry on with your existing Pimlico property lawyer but your lender will no doubt appoint a lawyer from their approved list. The net result is additional cost and probable interruption.
- Get a fresh lawyer to conduct the conveyancing, making sure they are on the lender conveyancing panel.
- Convince your lawyer to do everything possible to get accepted on the lender’s panel of solicitors
Do the conveyancing lawyers Indexed on your site execute auction conveyancing in Pimlico?
There are a few auction lawyers we can put you in touch with those conducting auction conveyancing. Pimlico is one of hundreds of areas of where our lawyers have a presence.
I have an AIP. The bank mentioned the loan came with free conveyancing. Does this mean I have to appoint their panel solicitor as I would prefer to appoint a specialised conveyancing solicitor in Pimlico?
Do check but the chances are that appoint one of their panel conveyancers where you take up the "fee-free" incentive. Call the bank to explore if they allow a monetary alternative. It is not unheard for a lender to give a £250 cashback as a further option in which case that money can go towards your preferred conveyancing solicitor near Pimlico.
Various online forums that I have visited warn that are a common cause of stalling in Pimlico conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of delays in the conveyancing process. Local searches are unlikely to feature in any delay in conveyancing in Pimlico.
Are there restrictive covenants that are commonly picked up during conveyancing in Pimlico?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Pimlico. 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…’
What does commercial conveyancing in Pimlico cover?
Pimlico conveyancing for business premises incorporates a broad array of guidance, supplied by qualified solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.