I plan on acquiring a leasehold flat in Hedge End and Botley. My property lawyer has never been on on the mortgage company approved list. Is it possible for me to appoint my Hedge End and Botley conveyancing solicitor even though they are excluded from the bank panel?
You have numerous alternatives open to you here
- Complete the purchase with your chosen Hedge End and Botley property lawyer but your bank will undoubtedly retain a lawyer from their conveyancing panel. This will result in additional cost and potential frustration.
- Choose a new lawyer to conduct the conveyancing, making sure they are on the lender conveyancing panel.
- Convince your conveyancer to pull out all the stops to join the mortgage company panel of solicitors
My husband and I are approaching an exchange on a flat in Hedge End and Botley and my mum and dad have transferred the exchange deposit to my property lawyer. I am now told that as the deposit has been sent from someone other than me my lawyer needs to make a notification to my bank. Apparently, in also acting for the lender he must advise them that the balance of the purchase price is coming from anyone other than me. I disclosed to the bank about my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
Your conveyancer is obliged to clarify with the bank to make sure that they understand that the balance of the purchase price is not from your own resources. Your solicitor can only notify this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
It is 10 years ago since I purchased my home in Hedge End and Botley. Conveyancing solicitors have now been retained on the sale but I can't find my title documents. Will this cause complications?
You need not be too concerned. First there is a chance that the deeds will be kept by the lender or they could be in the possession of the solicitor who acted in the purchase. Secondly in all probability the land will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing solicitors obtaining up to date copy of the land registers. Nearly all conveyancing in Hedge End and Botley involves registered property but in the unlikely event that your property is unregistered it adds to the complexity but is resolvable.
Do commercial conveyancing searches reveal proposed roadworks that may impact a commercial land in Hedge End and Botley?
Its becoming the norm that commercial conveyancing solicitors in Hedge End and Botley will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Hedge End and Botley. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Hedge End and Botley.
For every commercial conveyancing transaction in Hedge End and Botley it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can result in delays to Hedge End and Botley commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Hedge End and Botley.
Given that I will soon part with over three hundred thousand on a house in Hedge End and Botley I would like to have a conversation with the conveyancer regarding theconveyancing ahead of appointing the firm. Can this be arranged?
We could not agree more - it is our preference to talk to you we do not take any clients on without you liaising with the solicitor who will be doing your property ownership legalities in Hedge End and Botley.There is no ‘factory style conveyancing’ - every client is unique person, not a matter number. The law firms that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Hedge End and Botley should be the amount on the final invoice that you are charged.
I am 14 days into a leasehold purchase having been recommend to a firm by the estate agent to do our conveyancing in Hedge End and Botley. I am not happy. Could you you assist me in finding new solicitors?
They would have to be really poor to suggest changing them. Has your loan offer been generated? In the event that it has you need to inform them of the new contact details and ensure the loan are issued to the new lawyers. Your new conveyancer should be on the banks panel to avoid added charges and frustration. That should be your first question of the new lawyers. The search tool can help you find a bank approved conveyancer for your home move in Hedge End and Botley