My fiance and I are planning to buy a flat in Woburn Sands and have appointed a Woburn Sands conveyancing practice. Within the past 48 hours our property lawyer has forwarded the sale agreement to be signed with a detailed report with a view to exchanging next week. Skipton Building Society have this morning contacted us to inform me that there is now an issue as our Woburn Sands solicitor is not on their conveyancing panel. Is this a problem?
Where you are buying a property needing a mortgage it is normal for the purchasers' solicitors to also act for the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your solicitor should contact your lender and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You are not legally obliged to appoint a law firm on the bank's conveyancing panel and you may continue to use your own Woburn Sands solicitors, in which case your legal fees may increase, and it may delay matters as you are adding another lawyer into the mix.
Can the conveyancing practitioners identified via your ’find a lawyer’ app carry out right to buy conveyancing in Woburn Sands?
We have identified a number of conveyancing lawyers who can handle right to buy conveyancing matters Please call us to obtain a costs calculation.
I am considering applying for a Clydesdale mortgage for purchase of a new build (under development) in Woburn Sands with 60% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Clydesdale ?
In theory, you could use a solicitor that is not on the Clydesdale conveyancing panel, but Clydesdale would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
Me and my brother have a 4 bedroom Victorian property in Woburn Sands. Conveyancing solicitor acted for me and Halifax. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold with the matching property. I thought I was buying a freehold how can I check?
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Woburn Sands and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with your conveyancing practitioner who carried out the work.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what should have been a simple, no chain conveyancing. Woburn Sands is the location of the property. Can you offer any opinion?
Flying freeholds in Woburn Sands are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Woburn Sands you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Woburn Sands may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
My business partner and I are planning to lease a unit on a shopping parade. Can you recommend solicitors offering no-move-no fees for commercial conveyancing in Woburn Sands for less than £1,200?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Woburn Sands, including the disposal and acquisition of businesses as well as simply premises. Whether you are looking to acquire or sell a shop, pub, restaurant, office, retail unit or a whole business we will find you the right lawyer. As for the charges these will vary based on the structure and terms of the deal. Let us have your contact information or call us so that we can supply you with a fixed commercial conveyancing calculation.