Our solicitor has discovered a defect with the lease for the flat we are buying in Greystones. The other side have put forward defective title insurance as a workaround. We are content with insurance and will cover the costs. Our conveyancer says that he must be satisfied that the lender is content with this solution. Who is the client here, us or the lender?
The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the lender are the client. Your property lawyer must comply with the UK Finance Lenders’ Handbook conditions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your solicitor will have no choice but to discontinue acting for you.
Can your site be used to find a Conveyancing solicitor in Greystones even if I’m not purchasing or disposing of a house, for instance where I want to acquire an office in Greystones with a loan from Lloyds TSB Bank?
Our search tool is primarily utilised to help choose residential conveyancing solicitors in Greystones but we have set out at the bottom of this page a few Greystones commercial conveyancing firms. You will need to make contact with the firm directly to establish if they are also authorised to represent Lloyds TSB Bank
I am planning to acquire a flat and need a conveyancing solicitor in Greystones who is on the Barclays Direct approved. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Barclays Direct in certain locations such as Greystones. We dont recommend any particular firm.
Is it the case that all Greystones solicitor practices on the Barclays conveyancing panel are governed by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Barclays conveyancing panel they would need to be governed by the SRA. The majority of mortgage companies do list licenced conveyancers on their panel in which case such organisation would be regulated by the CLC.
After shopping around on the internet I have found a Greystones conveyancer having checked that they are on the Nottingham conveyancing panel. Does my lawyer arrange the survey of the property?
Nottingham will need an independent valuation of the property. Your lawyer will not arrange this. Usually Nottingham will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your property lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Greystones postcode. As you are getting a mortgage with Nottingham, you could contact them to see if they have a list of approved surveyors in Greystones.
Skipton have agreed my mortgage in principle, my offer on a flat in Greystones has been accepted, now what?
Your property agent will wish to be informed of your property lawyer's details (ensure that the solicitors are on the lender’s panel). Contact Skipton or the broker and complete any relevant documentation. Skipton will instruct a valuer who will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about a week to receive the mortgage offer. Skipton will issue the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Greystones.
How easy is it to use your search app to select a conveyancing practitioner in Greystones on the panel for my mortgage?
1st pick a bank such as National Westminster Bank, Chelsea Building Society or TSB then specify your location for example Greystones. Conveyancing organisations in Greystones and further afield will then be identified.
My husband and I are first time buyers - had an offer accepted, but the selling agent has warned us that the vendor will only issue a contract if we use the agent's chosen lawyers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a local solicitor used to conveyancing in Greystones
It is highly unlikely the vendors are driving this. Should the vendor desire ‘a quick sale', taking such a hostile approach to a genuine buyer is going to damage their objectives. Try to communicate with the sellers directly and explain that (a)you are genuine buyers (b)you are ready to go, with finances arranged © you are chain free (d) you wish to move quickly (e)however you intend to use your own,trusted Greystones conveyancing firm - rather thanthose that will provide the estate agent a commission or meet his conveyancing targets set by head office.