I am hoping to receive a mortgage with Nat West. I would like to employ the services of a Licensed Conveyancer in St Leonard Shoreditch. Does the Nat West Solicitor panel exclude conveyancers regulated by the CLC?
The Nat West conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Our solicitor has discovered a a problem with the lease for the apartment we are buying in St Leonard Shoreditch. The seller’s lawyers have put forward defective title insurance as a solution. We are content with insurance and will cover the costs. Our conveyancing practitioner says that he must be satisfied that the mortgage company is happy with this solution. Who is the client here, us or the lender?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the lender are the client. Your solicitor must comply with the UK Finance Lenders’ Handbook specifications. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
Can your site be used to locate a Conveyancing solicitor in St Leonard Shoreditch even if I’m not purchasing or disposing of a house, for instance where I wish to acquire an office in St Leonard Shoreditch with a mortgage from Chelsea Building Society?
Our search tool is predominantly there to select domestic conveyancing solicitors in St Leonard Shoreditch but we have listed at the bottom of this page some St Leonard Shoreditch commercial conveyancing firms. You should speak with the firm directly to see if they are also authorised to represent Chelsea Building Society
I am purchasing a house and need a conveyancing solicitor in St Leonard Shoreditch who is on the Norwich and Peterborough Building Society approved. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Norwich and Peterborough Building Society in certain locations such as St Leonard Shoreditch. We dont recommend any particular firm.
I have been on the look out for a leasehold apartment up to £195,000 and identified one near me in St Leonard Shoreditch I like with open areas and station nearby, the downside is that it only has 49 years unexpired on the lease. I can't really find anything else in St Leonard Shoreditch for this price, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a home loan the shortness of the lease will be an issue. Discount the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of twenty four months you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.
I need to find a conveyancing solicitor for my conveyancing in St Leonard Shoreditch. I have stumble upon a web site which seems to have the perfect offering If it is possible to get all the legals done via email that would be ideal. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?