My financial adviser has asked me for my Bursledon lawyer’ panel reference for the Nationwide conveyancing panel. How do I obtain this. I have contacted my local Bursledon branch but they have not responded to me.
The sensible thing to do is ask for this information from your Bursledon conveyancer . They maintain a central record lender panel numbers.
My partner and I are planning on selling our property in Bursledon and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. A high street Bursledon conveyancer would know this is not the case. For the life of me I don't know why the buyers are using a nationwide conveyancing firm rather than a conveyancing solicitor in Bursledon. Having lived in Bursledon for many years we know of no issue. Do we get in touch with our local Authority to obtain confirmation that the buyers are looking for.
It would appear that you have a conveyancing lawyer currently acting for you. What do they say? 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 illness)
I was recommended by a few estate agents in Bursledon to choose a conveyancer on your site. What’s the financial incentive for Estate Agents to recommend your lawyers over and above alternative conveyancing organisations?
We refuse to offer any financial incentive for sending work to this site. We thought it would be too underhand to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I need to instruct a conveyancing practitioner in Bursledon for my home move. Is there any facility to check a firm’s complaints history with the legal regulator?
You may review documented Solicitor Regulator Association (SRA) determinations resulting from investigations started on or after 1 January 2008. Visit Check a solicitor's record. To find details Pre 2008, or to check a firm's record, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The regulator may monitor telephone calls for training reasons.
I am tempted by the attractive purchase price for a couple of apartments in Bursledon which have in the region of forty five years remaining on the lease term. Should I regard a short lease as a deal breaker?
A lease is a right to use the property for a period of time. As the lease shortens the value of the lease reduces and results in it becoming more costly to extend the lease. This is why it is often a good idea to extend the lease term. Sometimes it is difficulties arise selling premises with a short lease as mortgage lenders may be unwilling to lend money on properties of this type. Lease enfranchisement can be a difficult process. We recommend you seek professional help from a solicitor and surveyor with experience in this field.
Leasehold Conveyancing in Bursledon - A selection of Questions you should ask Prior to buying
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Can you tell me if there are any major works in the planning that will increase the maintenance charges? Are any of leasehold owners in arrears of their service charge payments?
My step-son is about to join the property ladder, he had his mortgage in principle. When the offer was accepted on apartment we telephoned the lender to go forward with his. I was very surprised to discover that banks do not accept all solicitor, they need to be on their approved list, is this correct?
Mortgage Companies tend to restrict either the type or the number of conveyancing practices on their approved list of lawyers. Typical examples of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that lenders have no responsibility for the quality of advice provided by any Bursledon conveyancing practitioner on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Probably not.