Please help. My Elm Park solicitor is informing me me that she is duty bound toapply for Elm Park conveyancing searches asthe firm are on the Virgin Moneysolicitor panel. Is my lawyer right?
You have limited options available to you. Given that you are taking out a loan with a mortgage company your conveyancer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your solicitor would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to comply with the CML Handbook specifications . Even if you were a cash buyer you would be ill advised not to carry out Elm Park conveyancing searches.
The Elm Park conveyancing solicitors that I appointed last week on my house acquisition in Elm Park have without warning closed. I only went with them because I needed a lawyer on the Leeds Building Society conveyancing panel and my preferred Elm Park lawyer was not. I wrote them a cheque for two hundred pounds in advance. What should be my next steps?
If you have an estate agent involved then let them know immediately so that they advise the vendors that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Leeds Building Society conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to assist.
I am close to exchanging contracts on the sale of our house in Elm Park and according to the buyers it appears that there is a possibility that the property was built on contaminated land. A local conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers used an online conveyancing practice as opposed to a conveyancing solicitor in Elm Park. Having lived in Elm Park for many years we know of no issue. Do we get in touch with our local Authority to get confirmation that there is no issue.
It sounds as though you may have a conveyancing solicitor already. Are they able to advise? You should 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 ailment)
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a simple, no chain conveyancing. Elm Park is the location of the property. Is there any advice you can impart?
Flying freeholds in Elm Park are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Elm Park you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Elm Park may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
My step-father has suggested that I use his conveyancing solicitors in Elm Park. Should I use them?
Much as we are happy to recommend a Elm Park conveyancing lawyer the best way to find a conveyancing practitioner is to seek referrals from friends or family who have actually used the conveyancer you're contemplating using.
My husband and I are FTB’s just having agreed a price on a property in Elm Park, and are now looking to get solicitors instructed. I have used the different rating based websites and the fee estimates are from all across the the UK. Is it necessary to have a Elm Park property lawyer local to your potential property? We are fine to do all the communicating electronically, but I am thinking at some stage we will need to physically go into the solicitor's office to sign papers?
The conveyancer does not need to be in Elm Park, but choosing local means that you have the option to attend their offices if required, for instance, if a signature is needed urgently. Also, a Elm Park solicitor is likely to be familiar with local agents and (if the vendor has chosen a local solicitor) with them, which should help keep things moving faster.