Me and my fiance are acquiring residence in St Annes Park. My property lawyer is not listed on the bank solicitor list. Is it possible for me to retain my St Annes Park conveyancing solicitor even though they are excluded from the lender approved list?
You will need to have a conveyancer to complete the formalities if you need a loan to buy your property. The conveyancer will conduct all the appropriate investigations on the property, ensuring that you will be registered as proprietor and ensure that all the required mortgage paperwork is dealt with. You could appoint a St Annes Park lawyer of your choosing. However, if the conveyancer selected is not a member of the lender solicitor panel further costs will arise as separate legal representation will be required by them. Lender panel applications can be submitted, so if your lawyer has not previously sought membership they can do so.
Are the St Annes Park conveyancing solicitors identified as being on the Coventry BS conveyancing panel, together with their details provided by Coventry BS?
St Annes Park conveyancing firms themselves provide us confirmation that they are on the Coventry BS conveyancing panel as opposed to being supplied with a list from Coventry BS directly.
My lawyer in St Annes Park is not on the HSBC Bank Approved Panel. Is it possible for me to continue with my prefered solicitor even though they are excluded from the HSBC Bank panel?
The limited options open to you here include:
- Complete the purchase with your preferred St Annes Park solicitors but HSBC Bank will need to instruct a solicitor on their list of acceptable firms. This will result in additional total legal charges and result in frustration.
- Get an alternative solicitor to to deal with the purchase, not forgetting to check they are on the HSBC Bank panel
My uncle informed me that in buying a property in St Annes Park there may be a number of restrictions preventing external changes to a property. Is this right?
We are aware of a number of properties in St Annes Park which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in St Annes Park should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Is it the case that all St Annes Park solicitors on the Virgin Money conveyancing panel are overseen by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Virgin Money approved list of solicitors they would need to be overseen by the SRA. Many banks do list licenced conveyancers on their panel and in such a situation the organisation would be regulated by the CLC.
Completion of my remortgage has taken place for my property in St Annes Park. Conveyancing was a necessary evil but I would like to complain about the lender. How do I make a complaint?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
I have been on the look out for a flat up to £235,500 and identified one close by in St Annes Park I like with amenity areas and transport links nearby, the downside is that it's only got 49 remaining years left on the lease. I can't really find anything else in St Annes Park in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a mortgage the remaining unexpired lease term may be problematic. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least twenty four months you can request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
I am selling my house. My previous solicitors closed down. I am in need of a recommendation of a conveyancing firm. I happen to live in St Annes Park if that makes things easier.
Do use our search tool to help you choose a solicitor for your conveyancing in St Annes Park. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.