My property lawyer in Bootle has never been on on the Lloyds TSB Bank Approved Panel. Can I still retain my prefered solicitor notwithstanding that they are not on the Lloyds TSB Bank approved list?
The limited options open to you here include:
- Complete the purchase with your preferred Bootle lawyers but Lloyds TSB Bank will need to use a solicitor on their list of acceptable firms. This will result in additional total conveyancing charges as well as cause frustration.
- Get an alternative solicitor to act in the purchase, remembering to check they are Lloyds TSB Bank approved.
- Try to convince your Lloyds TSB Bank solicitor to seek to join the Lloyds TSB Bank panel
It has been 4 months following my purchase conveyancing in Bootle took place. I have checked the Land Registry website which shows that I paid £200,000 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 premises 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've recently found out that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Bootle is the location of the property. What do you suggest?
Flying freeholds in Bootle are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Bootle you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bootle may decide 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 residence.
I am a sole trader hoping to take over a lease of an office on the high street. Can you recommend conveyancers offering fixed charges for commercial conveyancing in Bootle for less than £2000?
We can recommend firms who have specialist knowledge of commercial conveyancing in Bootle, including the sale and purchase of businesses as well as simply premises. If you are hoping to purchase or lease a shop, pub, restaurant, office, retail unit or a whole business we will put you in touch with the right solicitor. As for the charges this will depend on the structure and complexity of the proposed transaction. Please provide us with your contact information or phone so as to enable us to furnish you with a fixed commercial conveyancing calculation.
I am thinking of appointing a conveyancing solicitor in Bootle for my sale. Is it possible to review a firm’s record with the profession’s regulator?
One may search for published Solicitor Regulator Association (SRA) determinations stemming from investigations started on or after Jan 2008. Visit Check a solicitor's record. To find details Pre 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, call +44 (0)121 329 6800. The SRA could monitor telephone calls for training reasons.
My lawyer in Bootle is asking me for identification documents stating that this forms part of his legal duty as a solicitor on the bank Solicitor panel. Is this right?
Anti-terror and anti-money-laundering rules require Bootle conveyancing solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lawyer is right that the bank also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with the lender's UK Finance Lenders’ Handbook requirements