It has come to my attention via my IFA that my Common Edge the law firm I have appointed is not on the bank Conveyancing panel. What can I do to check?
You need to call your Common Edge lawyer directly. It is reasonable to expect your lawyer to advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your bank.
Our conveyancer has identified a defect with the lease for the flat we are buying in Common Edge. The other side have suggested title insurance as a solution. We are content with insurance and will cover the costs. Our lawyer says that he must be satisfied that the mortgage company is happy with this solution. Are we the client or is the bank?
Notwithstanding that you have a mortgage offer from the lender does not mean to say that the property will meet their provisions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the mortgage company are the client. The appropriate lender requirements have to be complied with.
We are selling our property in Common Edge and according to the buyers it appears that there is a possibility that the property was built on contaminated land. A high street Common Edge lawyer would know that there is no such problem. It does beg the question why the buyers instructed a nationwide conveyancing outfit rather than a conveyancing solicitor in Common Edge. Having lived in Common Edge for many years we know that this is a non issue. Should we contact our local Authority to seek clarification that there is no issue.
It sounds as though you may have a conveyancing solicitor already. Are they able to advise? You need to 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 life insurance to cover that same ailment)
How does conveyancing in Common Edge differ for newly converted properties?
Most buyers of new build premises in Common Edge approach us having been asked by the developer to sign contracts and commit to the purchase even before the house is finished. This is because developers in Common Edge usually buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Common Edge or who has acted in the same development.
As co-executor for the estate of my father I am disposing of a residence in Neath but I am based in Common Edge. My lawyer (approximately 260 kilometers from meneeds me to execute a statutory declaration before completion. Could you suggest a conveyancing lawyer in Common Edge who can witness and place their company stamp on the document?
Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will be fine regardless of whether they are based in Common Edge
Some months ago I was told by my bank that their panel lawyers work on no sale no fee basis for conveyancing in Common Edge. I had a purchase abort yet the lawyers want search fees! They are claiming that the fees are independent!
Common Edge conveyancing search charges are disbursements not solicitors costs as these are paid to a third party.