My wife and I are about to exchange on the purchase of a house in Geddington but as a result of damage from some water damage at the property I have was able negotiate reparation from the vendor of £2k in the form of a deduction in the price. This was going to be addressed as part of a side agreement but Barclays are not allowing this. Should they have been involved?
Your conveyancer being on the Barclays approved list is obliged to disclose to Barclays of any changes to the purchase price. If you prohibit your lawyer to disclose the price change to Barclays then they would have to discontinue acting for you. In addition, Barclays and you would have to appoint a new conveyancing practitioner for your conveyancing in Geddington.
we are a couple who wish to acquire a newbuild apartment in Geddington with a homeloan from Lloyds TSB Bank.We use our Geddington conveyancing practitioner but Lloyds TSB Bank advised that she’s not on their approved list of firms. we are left little option but to use a Lloyds TSB Bank panel firm or retain our preferred solicitor and fork out for one of their panel ones to represent them. This seems very unfair; Can we not simply insist that Lloyds TSB Bank use our lawyer?
No, not really. The loan issued to you is subject to its various provisions, one of which will be that lawyers will be on the Lloyds TSB Bank approved list. Until recently, most lenders had large numbers of law firms 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 solicitors to apply to be on the conveyancing panel for Lloyds TSB Bank
I am buying a house and the conveyancer has referenced Chancel Repair to which the property could be obligated to contribute to as it falls into the area of such a church. She has recommended insurance. Is this really warranted for conveyancing in Geddington
Unless a previous acquisition of the house completed post 12 October 2013 you may expect solicitors handling conveyancing in Geddington to remain encouraging a chancel search and or insurance against a claim.
Are there restrictive covenants that are commonly identified during conveyancing in Geddington?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Geddington. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
We are a fortnight into a leasehold purchase having been recommend to a firm by the high street agent to do our conveyancing in Geddington. We are not happy. Can you you assist me in finding new conveyancers?
They would need to be really poor in order to consider replacing them. Has your loan offer been sent? If so you need to advise them of the new solicitor and get the offer are re-sent. Your conveyancer needs to be on the lenders panel to avoid supplemental fees and complications. That should be your first question of the new lawyers. The find a solicitor tool will assist you in finding a bank approved lawyer for your conveyancing in Geddington
Are all Geddington legal practices on every bank conveyancing panel?
You can use our search tool or you can go into your local bank branch in Geddington. Chances are that they will know some good conveyancing solicitors in Geddington