I plan on acquiring property in Botany Bay. My lawyer is not on the lender approved panel. Can I still continue with my Botany Bay conveyancing solicitor even though they are excluded from the bank panel?
You have a number of alternatives open to you here
- Carry on with your preferred Botany Bay solicitor but your lender will no doubt retain a lawyer from their conveyancing panel. This will result in additional charges together with potential frustration.
- Choose a fresh property lawyer to conduct the conveyancing, making sure they are on the mortgage company conveyancing panel.
- Convince your property lawyer to pull out all the stops to get listed on the mortgage company conveyancing panel
What happens if my solicitor is removed from the UBS Solicitor panel ahead of completing my conveyancing in Botany Bay?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
About to purchase a new build flat in Botany Bay. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Botany Bay
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Forfeiture - bankruptcy or liquidation must not apply under this provision. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on last month in what was supposed to be a simple, chain free conveyancing. Botany Bay is where the house is located. What do you suggest?
Flying freeholds in Botany Bay are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Botany Bay you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Botany Bay 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.
How difficult is it to change firm as I need to select one who is on the Bank of Scotland conveyancing list. I hired a family conveyancing solicitor in Botany Bay round the corner but he is not accepted by Bank of Scotland
It would be our pleasure to help you find a conveyancing solicitor in Botany Bay on the Bank of Scotland panel. Please note that the conveyancers that we on the directory do not pay us fee if you instruct them and are fully regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Botany Bay. In making use of search facility on this website, you can compare fees for conveyancing solicitors in Botany Bay and throughout England and Wales.
We are considering instructing a web based solicitor rather than a Botany Bay conveyancing firm. Any advice?
There are advantages of having the opportunity to attend a local Botany Bay conveyancing solicitor such as
- signing papers same day
- getting face-to-face explanations of issues you don't understand
- the ability to complain if matters go pear-shaped
When checking quotes, look carefully for hidden extras. The majority decent Botany Bay high street solicitors give an all-inclusive figure. Many online companies appear to offer low cost fees, but have hidden 'extras' in the small print.