I was advised recently by my IFA that my Geddington solicitor is not on the bank Solicitor panel. What can I do to be certain if this is indeed the case?
The first thing you need to do is to call your Geddington conveyancer. It is reasonable to expect your lawyer to advise you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your lender.
We are looking to buy a property and need a conveyancing solicitor in Geddington who is on the UBS solicitor panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for UBS . We don't recommend any particular firms conducting conveyancing in Geddington.
My husband and I wish to acquire a purpose built apartment in Geddington with a residential mortgage from Yorkshire Building Society.We have a Geddington conveyancing solicitor but Yorkshire Building Society advised that she’s not listed on their "panel". We have to appoint a Yorkshire Building Society panel lawyer or keep our high street solicitor and fork out for a Yorkshire Building Society panel lawyer to represent them. This seems very unfair; is there anything we can do?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that solicitors must be on the Yorkshire Building Society approved list. in the past, most lenders 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. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for Yorkshire Building Society
I need some expedited conveyancing in Geddington as I am faced with pressure to sign on the dotted line within one month. A home loan is not required. Is it possible to decline from having conveyancing searches to save fees and time?
If.Given you are are a mortgage free buyer you are at free not to do searches although no lawyer would advise that you don't. With lots of history conveyancing in Geddington the following are examples of what can be revealed and therefore affect future saleability: Enforcement Notices, Outstanding Fees, Outstanding Grants, Road Schemes,...
How does conveyancing in Geddington differ for newly converted properties?
Most buyers of new build residence in Geddington come to us having been asked by the developer to exchange contracts and commit to the purchase even before the house is ready to move into. This is because developers in Geddington tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Geddington or who has acted in the same development.
The lawyers carrying out our conveyancing in Geddington has forwarded documents to review that state the land is unregistered with epitome documents. Surely all houses in Geddington should be registered?
Whilst most properties in Geddington are now registered with HMLR there are still some that are unregistered. Any property in Geddington that has been purchased since the late 1980’s will have been registered at the Land Registry under the compulsory ‘first registration’ scheme. However, if a Geddington property has not changed hands in that time then it’s likely the old fashioned title deeds will be the only evidence of ownership.Plenty of Geddington conveyancing solicitors should be able to handle this type of conveyancing but if any uncertainty exists the conventional advice presently seems to be for the seller to undertake the registration formalities first and then sell - this will have a knock on effect to cause a significant delay.