My husband and I are purchasing a 1 bedroom apartment in Somerton with a mortgage. We would like to retain our Somerton solicitor, however the lender advise he's not on their "panel". It appears that we have little choice but to use one of the lender panel firms or retain our Somerton conveyancer as well as pay for one of their panel firms to act for them. We consider that this is unjust; can we not require that the lender use our Somerton conveyancer ?
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 Somerton conveyancing lawyer to apply to be on the conveyancing panel.
Do I need to pop into the offices of the solicitor to execute the mortgage deed? If so, I will instruct a firm who offer conveyancing in Somerton so that I can attend their offices when needed.
Nowadays approved lawyers for mortgage companies undertake all of the communications via the post, e-mail or over the phone. This means that they can undertake the legal work for your home move no matter where you live in England or Wales. However you should check if you have the option of going to the offices of your conveyancing lawyer if you prefer.
I am selling our house in Somerton and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. A high street Somerton lawyer would know that there is no such problem. It does beg the question why the purchasers used an online conveyancing firm rather than a conveyancing solicitor in Somerton. We have lived in Somerton for three years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to seek confirmation that there is no issue.
It sounds as though you may have a conveyancing solicitor currently acting for you. Are they able to advise? You must 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 life insurance to cover that same sickness)
Are there restrictive covenants that are commonly picked up during conveyancing in Somerton?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Somerton. 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…’
The estate agent has sent us the confirmation of our purchase of a new build flat in Somerton. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Somerton
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Please supply a car parking plan. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? There must be mutual enforceability of lessee’s covenants.
My cousin has recommend that I use his lawyers for conveyancing in Somerton. Should I find my own property lawyer?
Much as we are happy to recommend a Somerton conveyancing lawyer it’s preferable to choose a conveyancing practitioner is to seek referrals from friends or family who have used the firm you're considering.