My husband and I are acquiring an apartment in Warkworth. My property lawyer has never been on on the lender approved panel. Am I still permitted to appoint my Warkworth conveyancing solicitor notwithstanding that they are excluded from the bank list of approved lawyers?
You will need to use a conveyancer to deal with the legal work required when you require a mortgage to purchase your home. They will conduct all the relevant due diligence on the property, ensuring that you will be properly registered as the owner and ensure that all the necessary mortgage paperwork is dealt with. One may select a Warkworth lawyer of your choice. However, if the lawyer appointed is not a member of the mortgage company approved list supplemental costs will be levied as separate legal representation will be required by them. Conveyancing panel applications can be submitted, so if your solicitor has not historically applied for membership they can do so.
Please could you vouch for a Nationwide Building Society sanctioned Warkworth conveyancing lawyer that can complete within 10 days? Am I best advised to go for a local Warkworth solicitor or a national comparison site?
We would be happy to suggest some excellent Warkworth conveyancing firms. Another option is to visit the main road in Warkworth. Approach a couple of firms and request to see a conveyancing solicitor for a costs illustration. Explain your requirements together with the reasons and get a commitment on your deadline. Appoint the one that you are most comfortable with.
I own a freehold premises in Warkworth but still pay rent, why is this and what is this?
It is rare for properties in Warkworth and has limited impact for conveyancing in Warkworth but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
I am selling my apartment in Warkworth. Will my solicitor need to be on the Principality conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Principality conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently in recent years.
I am downsizing from our house in Warkworth and according to the buyers it appears that there is a possibility that the property was built on contaminated land. A high street Warkworth lawyer would know that there is no such problem. For the life of me I don't know why the purchasers are using a factory type conveyancing firm as opposed to a conveyancing solicitor in Warkworth. Having lived in Warkworth for six years we know that this is a non issue. Do we contact our local Authority to get confirmation that the buyers are looking for.
It would appear that you have a conveyancing lawyer already. What do they say? You should enquire of 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 health insurance to cover that same illness)
I am looking for a conveyancing practitioner in Warkworth for my home move. Is it possible to check a firm’s complaints history with the profession’s regulator?
Anyone can search for presented Solicitor Regulator Association (SRA) decisions resulting from inquisitions started on or after 1 January 2008. Visit Check a solicitor's record. For records Pre 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The regulator could recorded telephone calls for training reasons.