Much to our surprise we have been told by our mortgage broker that my Huntingdon lawyer is not on the bank Solicitor panel. What can I do to be certain whether this is indeed the case?
The sensible course of action for you to take is to call your Huntingdon conveyancer. It is reasonable to expect your lawyer to advise you what has happened. If they are not on the panel they may be able to suggest a Huntingdon conveyancing firm that is on the conveyancing panel for your bank.
Can I use your services to find a Conveyancing solicitor in Huntingdon even where I’m not buying or disposing of a house, for instance if I wish to acquire an office in Huntingdon with a loan from The Royal Bank of Scotland?
The service is primarily there to find domestic conveyancing solicitors in Huntingdon but we have recorded towards the end of this page a selection of Huntingdon commercial conveyancing firms. You should speak with the company directly to check if they can also act for The Royal Bank of Scotland
Can you help - my lawyer says that defective lease insurance is needed on my purchase. What is the level of cover for Huntingdon conveyancing?
The appropriate level of defective lease indemnity insurance depends on who your lender is. It would differ for example between Accord Mortgages Ltd and Norwich and Peterborough Building Society. Conveyancing solicitors as opposed to borrowers take out such insurances.
We had instructed conveyancers based in Huntingdon on the Bank of Ireland solicitor approved list. They are now charging me a separate sum for dealing with the Bank of Ireland mortgage. Is this an additional conveyancing fee specified by Bank of Ireland?
As unfair as it may appear, as long as it’s in their Terms and Conditions or estimate then yes your solicitor can levy a fee for this. This fee is not dictated by Bank of Ireland but by your Huntingdon conveyancer. Plenty of firms on the Bank of Ireland panel will levy an ‘acting for lender’ fee but many firms include it on their overall fee.
I am expecting a DIP from Bank of Ireland this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Bank of Ireland recommend any Huntingdon solicitors on the Bank of Ireland conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Huntingdon solicitors independently although you'll need to choose one on the Bank of Ireland conveyancing panel. The solicitor represents both you and Bank of Ireland through the process.
The estate agent has sent us the confirmation of our purchase of a new build flat in Huntingdon. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Huntingdon
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. There must be mutual enforceability of lessee’s covenants. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
I have been sourcing a conveyancing solicitor in Huntingdon for my purchase. Is it possible to check a solicitor's complaints history with the profession’s regulator?
You may see documented Solicitor Regulator Association (SRA) determinations stemming from investigations from 2008 onwards. Visit Check a solicitor's record. For information about the period before 1 January 2008, or to check a firm's record, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, use +44 (0)121 329 6800. The SRA sometimes recorded call for training requirements.
My financial adviser has suggested using their conveyancing practitioner for the conveyancing in Huntingdon - Is it not simpler easier to just instruct them?
It is not always the case and you are at liberty to opt for whichever property lawyer of your choosing for your Huntingdon conveyancing. A solicitor suggested by a 3rd party adviser may not necessarily be the right solicitor, they may suggest their preferred conveyancing firm who are based far away. In this instance you may not have contact with your property lawyer and due to the lack of continuity in the transaction, it may be difficult to obtain updates.