Me and my partner are purchasing residence in Sandbanks. My property lawyer is not listed on the bank conveyancing list. Am I still permitted to continue with my Sandbanks conveyancing solicitor even though they are not on the mortgage company panel?
You have a couple of options available to you here
- Complete the deal with your existing Sandbanks conveyancing practitioner but your bank will need to use a lawyer on their approved list. This will result in additional charges and potential delay.
- Get a fresh property lawyer to conduct the conveyancing, obviously checking they are on the lender conveyancing panel.
- Convince your lawyer to apply to join the lender panel
I am the registered owner of a freehold house in Sandbanks but still pay rent, why is this and what is this?
It is rare for properties in Sandbanks and has limited impact for conveyancing in Sandbanks but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.
I am planning to acquire a flat and require a conveyancing solicitor in Sandbanks who is on the Alliance & Leicester solicitor. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Alliance & Leicester in certain locations such as Sandbanks. We dont recommend any particular firm.
My partner and I are close to exchanging contracts on the sale of our property in Sandbanks and according to the buyers it appears that there is a risk of it being built on contaminated land. Any local conveyancer would know that there is no such problem. It does beg the question why the buyers are using a national conveyancing practice rather than a conveyancing solicitor in Sandbanks. Having lived in Sandbanks for 4 years we know that this is a non issue. Do we get in touch with our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing lawyer currently acting for you. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
I opted to have a survey completed on a property in Sandbanks before retaining conveyancers. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some lenders will refuse to grant a loan on a flying freehold property.
It depends who your proposed lender is. Santander has different requirements from Birmingham Midshires. Should you wish to telephone us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Sandbanks. Conveyancing will be smoother if you use a solicitor in Sandbanks especially if they are acquainted with such properties in Sandbanks.
I see that you have a search directory identifying solicitors on the mortgage company conveyancing panel. Do Sandbanks conveyancing companies pay you a referral fee if I appoint them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Sandbanks.