My financial adviser has asked me for my Taplow lawyer’ panel member for the Santander conveyancing panel. Can you suggest how I find this out. I have contacted my local Taplow branch but they have not responded to me.
Have you tried calling your Taplow conveyancer about this?. Most Taplow conveyancing firms will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each mortgage company.
My conveyancer has uncovered a a legal deficiency with the lease for the apartment we are buying in Taplow. The other side have offered title insurance as a workaround. We are content with insurance and will cover the costs. Our solicitor says that he must be satisfied that the mortgage company is content with this solution. Are we the client or is the lender?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the mortgage company are the client. Your lawyer 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 bank 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 conveyancer will have no choice but to discontinue acting for you.
When can the exchange of contracts take place for purchase conveyancing in Taplow and do I need to attend the lawyers branch?
If you are near to our conveyancing solicitors in Taplow you are welcome to attend to sign contracts. However, the firms we work with offer a national conveyancing service and provide as equally comprehensive and professional a job for you when communicating with you electronically. The signing of the property agreement is not the point of no return. A signed contract is just a prerequisite for the conveyancer to address the formalities when the time is right, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Taplow)to be in the office available at the end of the phone to exchange contracts.
I am purchasing a garden flat in Taplow. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Taplow you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Taplow.
I am looking for a flat up to £235,500 and found one near me in Taplow I like with amenity areas and railway links nearby, the downside is that it's only got 51 years on the lease. There is not much else in Taplow in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a home loan the shortness of the lease will be problematic. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of 2 years you can request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this.
What does commercial conveyancing in Taplow cover?
Commercial conveyancing in Taplow incorporates a broad array of advice, offered by qualified solicitors, relating to business premises. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies 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 leases.