I plan on acquiring property in Fleetwood. My Conveyancer is not listed on the bank conveyancing panel. Is it possible for me to use my Fleetwood conveyancing solicitor even though they are excluded from the bank panel of approved conveyancing solicitors?
You have numerous options open to you here
- Proceed with your existing Fleetwood conveyancer but your bank will need to instruct a lawyer from their conveyancing panel. This will result in additional fees together with likely interruption.
- Get a new conveyancing practitioner to act in the purchase, ensuring that they are on the lender conveyancing panel.
- Convince your solicitor to do everything within their powers to join the lender’s conveyancing panel
My partner and I are nearing an exchange on a house in Fleetwood and my parents have transferred the 10% deposit to my property lawyer. I am now informed that as the deposit has been sent from someone other than me my conveyancer needs to disclose this to my lender. Apparently, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I advised the bank concerning my parents' contribution when I applied for the home loan, so is it really necessary for this now to be an issue?
The solicitor is obliged to check with mortgage company to ensure that they know that the balance of the purchase price is not from your own resources. The solicitor can only disclose this to your lender if you agree, failing which, your lawyer must cease to continue acting.
Finally the sale completed on my house in Fleetwood last February yet the purchaser is calling daily to say their lawyer needs to hear from mine. What are the post completion sale formalities following completion?
Following your sale your conveyancer should forward the transfer deeds and all additional paperwork to the buyer’s lawyers. Depending on the transaction, your solicitor must also confirm that the legal charge in favour of the lender has been repaid to the buyers solicitors. There are no post completion steps just for conveyancing in Fleetwood.
Should my solicitor be raising questions concerning flooding as part of the conveyancing in Fleetwood.
The risk of flooding is if increasing concern for lawyers specialising in conveyancing in Fleetwood. There are those who acquire a house in Fleetwood, completely aware that at some time, it may be flooded. However, leaving to one side the physical damage, where a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or sell the premises. There are steps that can be taken during the course of a house purchase to forewarn the purchaser.
Solicitors are not qualified to offer advice on flood risk, however there are a various checks that can be initiated by the purchaser or by their lawyers which should figure out the risks in Fleetwood. The standard information supplied to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard inquiry of the seller to determine whether the property has ever been flooded. If flooding has previously occurred and is not disclosed by the seller, then a purchaser could bring a claim for damages stemming from an incorrect response. A buyer’s conveyancers will also order an environmental report. This will disclose whether there is any known flood risk. If so, further inquiries will need to be made.
About to purchase a new build flat in Fleetwood. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Fleetwood
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Forfeiture - bankruptcy or liquidation must not apply under this provision. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply a car parking plan.
I require the services of a mortgage company panel solicitor in Fleetwood. Can you assist?
It is not clear why you need a Fleetwood panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the mortgage company to find out which solicitors in Fleetwood are on their panel . If you do find such a firm in Fleetwood not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site