Am I correct in assuming that the fact that my conveyancer in Gamlingay is not listed on my lender's conveyancing panel that there is a problem with the quality of his work?
It would be unwise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator revealed that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should simply call the Gamlingay conveyancing firm and enquire why they are no longer on the approved list for your bank.
Me and my partner are due to exchange buying a property in Gamlingay but as a consequence of wreckage from some water damage at the property I have managed to agree recompense from the owner in the sum of three thousand pounds by way of a deduction in the price. This was going to be dealt with as part of a side agreement however Clydesdale will not permit this. Should they have been involved?
Your lawyer being on a Clydesdale approved list is required to inform Clydesdale of any variations to the sale price. If you were to refuse your conveyancing practitioner to notify the reduction to Clydesdale then they would have to discontinue acting for you. In addition, Clydesdale and you would have to appoint a new property lawyer for your conveyancing in Gamlingay.
The estate agent has sent us the confirmation of our purchase of a new build flat in Gamlingay. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Gamlingay
-
The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
Due to the encouragement of my in-laws I had a survey completed on a house in Gamlingay prior to appointing conveyancers. I have been informed that there is a flying freehold aspect to the house. Our surveyor has said that some banks will refuse to grant a loan on a flying freehold property.
It varies from the lender to lender. Lloyds has different instructions from Nationwide. If you e-mail us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Gamlingay. Conveyancing will be smoother if you use a solicitor in Gamlingay especially if they are familiar with such properties in Gamlingay.
I am selling my house. My former lawyers have shut. I am in need of a recommendation of a conveyancing firm. I happen to live in Gamlingay if that makes things easier.
Please use our search tool to help you choose a solicitor for your conveyancing in Gamlingay. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
My father has recommend that I appoint his lawyers for conveyancing in Gamlingay. Should I use them?
There are no two ways about it the best way to find a conveyancing practitioner is to have guidance from friends or family who have actually experience in using the firm you're contemplating using.