My husband and I are buying a 3 bedroom apartment in Felinheli with a mortgage. We have a Felinheli conveyancer, but the lender advise she’s not on their "panel". We have to appoint one of the bank panel conveyancing practices or continue with our Felinheli conveyancing practitioner as well as pay for one of their panel lawyers to act for them. This feels very unfair; can we not require that the lender use our Felinheli conveyancer ?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose 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. Another option that might be available is for your Felinheli conveyancing solicitor to apply to be on the conveyancing panel.
It is a dozen years since I acquired my home in Felinheli. Conveyancing solicitors have just been appointed on the sale but I am unable to track down my title deeds. Is this a major issue?
Don’t worry too much. First there is a chance that the deeds will be retained by the mortgage company or they could be archived with the solicitor who oversaw the purchase. Secondly the chances are that the title will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers acquiring current official copies of the land registers. The vast majority of conveyancing in Felinheli relates to registered property but in the unlikely event that your home is unregistered it is more of a problem but is resolvable.
My relative suggested that if I am purchasing in Felinheli I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually quoted for as part of the standard Felinheli conveyancing searches. It is not a small report of about 40 pages, listing and detailing significant information about Felinheli 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 Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful information about Felinheli.
I opted to have a survey completed on a property in Felinheli prior to instructing lawyers. I have been advised that there is a flying freehold aspect to the property. Our surveyor has said that some lenders tend refuse to issue a loan on a flying freehold premises.
It varies from the lender to lender. Bank of Scotland has different instructions from Birmingham Midshires. If you e-mail us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Felinheli. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Felinheli to see if the conveyancing will be more expensive.
What tools are available to search for a Felinheli solicitor on the Chelsea Building Society conveyancing panel? I drive a motor bike and am happy to travel upto 10kilometers to meet the conveyancer.
Feel free to make use of the tool on this website. Please choose the lender and your location and you will see a number of Felinheli conveyancing lawyers locally. We have detailed some Felinheli conveyancing firms towards the end of this page and you can call them to check if they are on the Chelsea Building Society approved list
I need to instruct a conveyancing solicitor for freehold conveyancing in Felinheli. I happened to chance upon a web site which seems to have the perfect solution If there is a chance to get all the legals done via web that would be preferable. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?