I plan on acquiring a maisonette in Leagrave and Chalton. My Conveyancer is not listed on the bank approved list. Can I still retain my Leagrave and Chalton conveyancing solicitor even though they are not on the lender list of approved lawyers?
Various options include
- Proceed with your existing Leagrave and Chalton property lawyer but your bank will no doubt use a conveyancer on their approved panel. The net result is additional cost and likely frustration.
- Appoint a new conveyancing practitioner to conduct the conveyancing, making sure they are on the mortgage company conveyancing panel.
- Convince your property lawyer to pull out all the stops to join the bank’s conveyancing panel
My conveyancer has uncovered a defect with the lease for the property we are buying in Leagrave and Chalton. The seller’s lawyers have suggested title insurance as a workaround. We are happy with insurance and will pay for it. Our solicitor has advised that he must check that the mortgage company is willing to move forward with this solution. Are we the client or is the lender?
Notwithstanding that you have a mortgage offer from the bank does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook conditions. You and the bank are the client. These conveyancing instructions have to be complied with.
We are buying a house and require a conveyancing solicitor in Leagrave and Chalton who is on the Aldermore approved panel. Could you point me in the right direction as regards a 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 Aldermore . We don't recommend any particular firms conducting conveyancing in Leagrave and Chalton.
is it true that all Leagrave and Chalton solicitors on the Kent Reliance conveyancing panel are overseen by the SRA?
As a firm of solicitors, in order to be on the Kent Reliance conveyancing panel they would need to be governed by the SRA. Some banks do list licenced conveyancers on their panel and in such a situation the firms would be regulated by the CLC.
Completion of my purchase has taken place for my property in Leagrave and Chalton. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Department at head office. Ordinarily complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
After weeks of negotiation I have agreed a price on an apartment in Leagrave and Chalton. My mortgage broker suggested a conveyancing practitioner. I paid an upfront payment of £150. A few days later, the conveyancer contacted me embarrassingly acknowledging that they were not on the Clydesdale conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Clydesdale panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
My friend advised me that where I am purchasing in Leagrave and Chalton I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes included in the estimate for your Leagrave and Chalton conveyancing searches. It is a large report of more than thirty pages, listing and setting out significant information about Leagrave and Chalton around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Leagrave and Chalton Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful information about Leagrave and Chalton.
I've recently found out that there is a flying freehold element on a property I put an offer in two weeks back in what was supposed to be a quick, no chain conveyancing. Leagrave and Chalton is where the house is located. What do you suggest?
Flying freeholds in Leagrave and Chalton are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Leagrave and Chalton you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Leagrave and Chalton may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.