Our conveyancer has identified a a problem with the lease for the apartment we are purchasing in Chandlers Ford. The seller’s lawyers have suggested title insurance as a solution. We are content with insurance and will pay for it. Our conveyancer says that he must be satisfied that the mortgage company is willing to move forward with this solution. Are we the client or is the mortgage company ?
Regardless of the fact that you have a mortgage offer from the mortgage company does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook specifications. You and the mortgage company are the client. These conveyancing instructions have to be complied with.
In what way does my ID and proof of funds have anything to do with my conveyancing in Chandlers Ford? Is this really necessary?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to verify the ID of the potential client they are dealing with prior to agreeing to accepting their conveyancing retainer. The Client Care letter that you are required to sign should confirm this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. If you refuse to provide identification documents, your conveyancer would not be able to act for you.
Do the Building Society Association intend to launch a online directory to list firms on the Coventry BS conveyancing panel for example in Chandlers Ford?
Lexsure has not been advised of any intention on the part of the BSA to promote such a register.
A colleague advised me that where I am purchasing in Chandlers Ford I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes quoted for as part of the standard Chandlers Ford conveyancing searches. It is a large document of more than thirty pages, listing and setting out important information about Chandlers Ford around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information about Chandlers Ford.
Me and my brother have a 4 bedroom Georgian house in Chandlers Ford. Conveyancing solicitor acted for me and Skipton Building Society. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold under the exact same property. If a house is not a freehold shouldn't I have been informed?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Chandlers Ford and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the situation with your conveyancing lawyer who conducted the purchase.
I am selling my house. My previous lawyers has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Chandlers Ford if that makes things easier.
You should use our search tool to help you choose a solicitor for your conveyancing in Chandlers Ford. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.