Me and my fiance are planning to purchase a 2 bedroom flat in Great Stanmore with a mortgage. We wish to retain our Great Stanmore lawyer, but the bank advise she’s not on their "panel". It seems we have no option but to instruct one of the bank panel solicitors or retain our Great Stanmore lawyer and pay for one of their panel ones to represent them. We feel that this is inequitable; is there anything we can do?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the lender’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 Great Stanmore conveyancing lawyer to apply to be on the conveyancing panel.
We are purchasing a property and need a conveyancing solicitor in Great Stanmore who is on the Barclays solicitor panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Barclays . We don't recommend any particular firms conducting conveyancing in Great Stanmore.
I had intended to instruct a conveyancing solicitor in Great Stanmore for our house move. Our broker has since notified us that our mortgage company Bank of Ireland won't deal with them. Surely this is unduly restrictive?
A bank can direct that an approved conveyancer act for it. You would be liable to meet the charges for this. Try using our database to find a solicitor to carry conveyancing in Great Stanmore on the Bank of Ireland member panel.
My wife and I own a terraced Victorian property in Great Stanmore. Conveyancing lawyer represented me and The Mortgage Works. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold with the matching property. Is it worth asking The Mortgage Works to clarify?
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Great Stanmore and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the situation with your conveyancing solicitor who conducted the conveyancing.
Due to the guidance of my in-laws I had a survey completed on a property in Great Stanmore before appointing lawyers. I have been told that there is a flying freehold element to the property. My surveyor advised that some banks tend refuse to issue a loan on a flying freehold home.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Nationwide. If you call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Great Stanmore. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Great Stanmore cover?
Great Stanmore conveyancing for business premises incorporates a broad range of guidance, provided by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.