My fiance and I are intent on buying a leasehold flat in Abridge. My lawyer is not listed on the mortgage company solicitor list. Is it possible for me to retain my Abridge conveyancing solicitor notwithstanding that they are not on the mortgage company panel of approved conveyancing solicitors?
You have a number of alternatives open to you here
- Complete the purchase with your chosen Abridge lawyer but your lender will no doubt instruct a property lawyer on their approved list. This will result in additional fees together with potential delay.
- Appoint a new conveyancer to conduct the conveyancing, obviously checking they are on the mortgage company conveyancing panel.
- Convince your property lawyer to do everything within their powers to get listed on the bank’s conveyancing panel
When researching mumsnet.com for a recommended solicitor in Abridge, many post that I should look for a CQS kitemarked solicitor. What is CQS?
The Law Society's Conveyancing Quality Scheme is the recognised quality mark for legal experts in the legal transfer of properties, trusted by some of the UK's biggest banks. In 2011-12 the Conveyancing Quality Scheme was officially recognised by the Building Societies Association (BSA). The scheme does not cover licenced conveyancers. Abridge is one of the many areas in England and Wales where there are CQS solicitors.
I need some quick conveyancing in Abridge as I am under an ultimatum to complete in less than one month. Luckily I do not require a mortgage. Can I avoid the conveyancing searches to save money and time?
If.Given you are not taking a home loan you are at liberty not to do searches although no solicitor would advise that you don't. Drawing on years of experience of conveyancing in Abridge the following are instances of issues that can be revealed and therefore affect future mortgageability: Enforcement Actions, Outstanding Charges, Outstanding Grants, Unadopted Roads,...
It has been 3 months following my purchase conveyancing in Abridge completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I opted to have a survey carried out on a house in Abridge in advance of retaining conveyancers. I have been advised that there is a flying freehold aspect to the house. My surveyor has said that some mortgage companies will refuse to grant a loan on such a house.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. Should you wish to call us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Abridge. Conveyancing may be slightly more expensive based on your lender's requirements.
I am a sole trader planning to lease a unit on a shopping parade. Can you recommend lawyers offering no-sale-no fees for commercial conveyancing in Abridge for under 1500k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Abridge, including the disposal and purchase of businesses as well as simply property. Whether you are intending to buy or dispose of a shop, pub, restaurant, office, retail premises or a complete business we can find you the right firm. Regarding the fees this will depend on the structure and terms of the deal. Let us have your details or call us so that we can furnish you with comprehensive commercial conveyancing quote.