We are planning to purchase a 3 bedroom flat in Baschurch with a mortgage. We like our Baschurch solicitor, but the mortgage company says he's not on their "panel". We have to appoint one of the lender panel firms or retain our Baschurch lawyer and pay for one of their panel ones to represent them. We consider that this is inequitable; can we not demand that the bank use our Baschurch solicitor ?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Baschurch conveyancing lawyer to apply to be on the conveyancing panel.
Do the Building Society Association intend to launch a searchable register to to identify practices on the Coventry BS conveyancing panel for instance in Baschurch?
Lexsure has not been advised of any intention on the part of the BSA to promote such a tool.
What will a local search reveal concerning the property we're purchasing in Baschurch?
Baschurch conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search organisations for example Xpress Legal The local search plays a central part in most Baschurch conveyancing purchase; as long as you wish to avoid any nasty once you have moved into your new home. The search will reveal information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject headings.
Due to the guidance of my in-laws I had a survey completed on a house in Baschurch prior to instructing conveyancers. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some lenders will not give a mortgage on a flying freehold house.
It depends who your proposed lender is. HSBC has different instructions for example to Birmingham Midshires. Should you wish to call us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Baschurch. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Baschurch to see if the conveyancing will be more expensive.
I was advised by a few property agents in Baschurch to select a property lawyer on your site. Is there a financial incentive for Estate Agents to promote your services ahead of a competitor’s?
We refuse to make any commission for pointing buyers and sellers our way. We found it would be just too difficult a fee because a client could think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
As co-executor for the estate of my aunt I am disposing of a residence in Cardiff but I am based in Baschurch. My conveyancer (who is 235 kilometers awayrequires that I sign a stat dec ahead of completion. Can you recommend a conveyancing lawyer in Baschurch to attest and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are Baschurch based