I am expecting a mortgage with Santander. I would like to retain the legal services of a Licensed Conveyancer in Dudley. Does the Santander Solicitor panel include Licensed Conveyancers?
The Santander approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Last July we completed a house move in Dudley. We have since encountered a number of issues with the property which we believe were missed in the conveyancing searches. Do we have any recourse? What searches should? have been conducted for conveyancing in Dudley?
It is not clear from the question as what problems have arisen and if they are specific to conveyancing in Dudley. Conveyancing searches and investigations undertaken during the legal transfer of property are designed to help avoid problems. As part of the legal transfer of property, the vendor completes a form known as a Seller’s Property Information Form. answers turns out to be inaccurate, you may have a misrepresentation claim against the owner for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Dudley.
We see that you have a post code search directory listing law firms on the Kent Reliance conveyancing panel. Do companies pay you a commission if I appoint them for our own conveyancing in Dudley?
We are a listing service only for law firms wishing to communicate if they are on the Kent Reliance conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Dudley.
we are a couple who are buying a newly converted flat in Dudley with a loan from Aldermore.We use our Dudley conveyancing solicitor but Aldermore advised that his firm is not on their approved list of member firms. we are left little option but to use a Aldermore panel lawyer or keep our high street solicitor and fork out for one of their panel ones to act for them. We feel as though this is unjust; is there anything we can do?
Unfortunately,no. The mortgage issued to you contains various provisions, a common one being that solicitors must be on the Aldermore approved list. in the past, most banks had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Aldermore
Over the last few months I have been searching for a flat up to £235,500 and identified one near me in Dudley I like with amenity areas and transport links in the vicinity, however it only has 61 years on the lease. There is not much else in Dudley in this price bracket, so just wondered if I would be making a grave error buying a short lease?
If you require a mortgage that many years will be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.
I'm refinancing my primary property to a BTL mortgage with The Mortgage Works and intend to use the remaining equity towards another property. The area we are interested in is Dudley. Will your conveyancers be able to act for the two banks and link together the conveyances?
Make use of our search tool on this site to check that the solicitors are approved by both mortgage companies. Having checked that they are the conveyancer will be able to tie up the two transactions but you should talk with you lawyer and specify your desired outcome and requirements.