Our solicitor has uncovered a a legal deficiency with the lease for the flat we are purchasing in Audenshaw. The other side have suggested title insurance as a solution. We are content with insurance and will pay for it. Our solicitor has advised that he must be satisfied that the bank is content with this solution. Who is the client here, us or the mortgage company ?
The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the mortgage company are the client. Your conveyancer must comply with the UK Finance Lenders’ Handbook provisions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender 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 solicitor will have no choice but to discontinue acting for you.
We are buying a property and need a conveyancing solicitor in Audenshaw who is on the Kent Reliance conveyancing panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Kent Reliance . We don't recommend any particular firms conducting conveyancing in Audenshaw.
I am planning to acquire a house and need a conveyancing solicitor in Audenshaw who is on the Platform Home Loans Ltd approved. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Platform Home Loans Ltd in certain locations such as Audenshaw. We dont recommend any particular firm.
I am purchasing a property and the conveyancer has identified Chancel Repair to which the house could be obligated to pay as it falls into the area of such a church. She has recommended insurance. Is this strictly warranted for conveyancing in Audenshaw
Unless a prior acquisition of the property took place after 12 October 2013 you could take it that solicitors delivering conveyancing in Audenshaw to continue to advocate a chancel search and or insurance against a claim.
Am I best advised to use a Audenshaw conveyancing solicitor who is local to the property I am purchasing? An old friend can perform the legal formalities however his firm is located approximately 350miles drive away.
The benefit of a local Audenshaw conveyancing practice is that you can drop in to execute paperwork, deliver your identification documents and apply pressure on them where appropriate. Having local Audenshaw know how is a plus. That being said nothing is more important than finding someone that will pull out all the stops for you. If you know people who instructed your friend and the majority were impressed that must trump using an unfamiliar Audenshaw conveyancing lawyer just because they are round the corner.
My father-in-law mentioned that when selecting a conveyancing solicitors they need approved by your lender. It happens to be my first house move but I have an offer in principle with Nat West Bank and I already have a family conveyancing lawyer in Audenshaw lined up. Will Halifax require an approved conveyancer to be instructed? Does a list of approved firms even exist so I can pick a conveyancing solicitor in Audenshaw?
You should use a solicitor that is on the Halifax panel. Just ring your preferred Audenshaw conveyancing solicitor and ask if they are on the Halifax panel. If they are not approved you have a number of options available to you here:
- Carry on with your existing Audenshaw property lawyer but Halifax will undoubtedly use a property lawyer from their conveyancing panel. This will result in additional fees together with potential interruption.
- Appoint a new conveyancing practitioner to act in the purchase, not forgetting to check that they are on the Halifax conveyancing panel.
- Convince your property lawyer to pull out all the stops to get listed on the Halifax conveyancing panel.