I am selling my ground floor flat in Broadclyst and the EA has just telephoned to say that the purchasers are appointing a new solicitor. I am told that this is due to the fact that the mortgage company will only deal with property lawyers on their conveyancing panel. Why would a big named mortgage company only work with certain solicitors rather the firm that they want to select for their conveyancing in Broadclyst ?
Lenders have always had an approved set of law firms they are willing to work with, but in the past few years big names such as Yorkshire Building Society, have considered and reduced their conveyancing panel– in some cases removing conveyancing firms who have acted for them for more than 25 years.
Lending institutions blame a rise in fraud as the reason for the reduction – criteria have been tightened as a smaller panel is easier to keep an eye on. Banks tend not to disclose how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society says it is being contacted daily by practices that have been removed from panels. Some are unaware that they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. The buyers are unlikely to have any impact on this.
I am selling our home in Broadclyst and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. A local lawyer would know that there is no such problem. It does beg the question why the purchasers used an internet conveyancing firm as opposed to a conveyancing solicitor in Broadclyst. Having lived in Broadclyst for six years we know that this is a non issue. Do we get in touch with our local Authority to seek clarification that there is no issue.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
The deeds to our house can not be found. The solicitors who dealt with the conveyancing in Broadclyst 5 years ago no longer exist. What do I do?
Gone are the days when you need to have the physical deeds to evidence that you are the registered proprietor of land or property, given that the Land Registry have everything they need in a digital format.
Just had an offer accepted on a new build flat in Broadclyst. Conveyancing is daunting 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.
Here is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Broadclyst
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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. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply a car parking plan.
My cousin has suggested that I use his conveyancers in Broadclyst. Should I find my own property lawyer?
Much as we are happy to recommend a Broadclyst conveyancing lawyer the ideal way to select a conveyancing lawyer is to seek referrals from friends or relatives who have previously instructed the conveyancer you're contemplating using.
If instructed can a conveyancer remove a person from the title of my home in Broadclyst ?
Extracting or adding someone to the title of your home is relatively straightforward. You’ll need to appoint a conveyancing practitioner to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a property lawyer