Our solicitor has discovered a defect with the lease for the property we are buying in Waddon. The seller’s lawyers have put forward title insurance as a workaround. We are happy with insurance and will cover the costs. Our lawyer has advised that he must be satisfied that the bank is willing to move forward with this solution. Are we the client or is the lender?
Regardless of the fact that you have a mortgage offer from the bank does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook conditions. You and the bank are the client. The appropriate lender specifications must be adhered to.
My property lawyer in Waddon is not listed on the Halifax Conveyancing Panel. Can I still use my prefered solicitor even though they are not on the Halifax panel of approved conveyancing solicitors?
The limited options open to you here include:
- Carry on with your preferred Waddon solicitors but Halifax will need to instruct a conveyancer on their panel. This will inevitably rack up the total legal fees and cause frustration.
- Choose an alternative solicitor to act in the purchase, remembering to check they are Halifax approved.
- Persuade your Halifax based solicitor to attempt to join the Halifax panel
My colleague suggested that where I am buying in Waddon I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes quoted for as part of the standard Waddon conveyancing searches. It is not a small document of more than thirty pages, listing and detailing important information about Waddon around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Waddon Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Waddon Education with maps and statistics, Local Amenities and other useful information concerning Waddon.
I have justbeen informed that Wolstenholmes have been shut down. They conducted my conveyancing in Waddon for a purchase of a freehold house 12 months ago. How can I check that the property is not still registered in the name of the former proprietor?
The easiest way to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Waddon conveyancing specialists.
I have been sourcing a conveyancing practitioner in Waddon for my sale. Is it possible to check a solicitor's record with the profession’s regulator?
One may read documented Solicitor Regulator Association (SRA) determinations stemming from investigations from 2008 onwards. Go to Check a solicitor's record. For details Pre 2008, or to check a firm's record, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, call +44 (0)121 329 6800. The SRA may monitor telephone calls for training requirements.
How easy is it to change a solicitor as I need to find a Waddon based one who is on the bank conveyancing panel. Is it practical to instruct different lawyers?
In the event that you have not formally appointed a conveyancer to start work and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Waddon that you're considering.