I have just been advised by my mortgage adviser that my Leek the law firm I have appointed is not on the mortgage company Conveyancing panel. How can I check?
You need to call your Leek conveyancer. It is reasonable to expect your lawyer to advise you of the situation. Where they are not on the panel they may be able to suggest a Leek conveyancing practice that is on the conveyancing panel for your lender.
Can you help? My Leek lawyer is advising me that he has toconduct Leek conveyancing searches asthe firm are on the Santanderapproved lawyer panel. Is my conveyancer correct?
Unfortunately both you and your lawyer have little choice here. Given that you are taking out a loan with a mortgage company your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your conveyancer would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to follow the Council of Mortgage Lenders’ Handbook provisions . Even if you were a cash buyer you would be ill advised not to carry out Leek conveyancing searches.
I have an AIP. The lender mentioned the mortgage came with free conveyancing. Does this mean I have to instruct their panel conveyancer as I would prefer to appoint a specialised conveyancing solicitor in Leek?
Do check but the chances are that allocate you one of their panel conveyancers should you want the "fee-free" incentive. Call the lender and ask if they make available a monetary alternative. Some lenders have previously offered a £250 cashback as a further option in which case that money can go towards your preferred conveyancing solicitor near Leek.
I own a semi-detached Victorian house in Leek. Conveyancing practitioner represented me and Britannia. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, another for leasehold under the matching property. Is it worth asking Britannia to clarify?
You should review 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 Leek and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with the conveyancing solicitor who conducted the work.
I am looking for a ground for flat up to £245,000 and identified one near me in Leek I like with a park and transport links in the vicinity, however it's only got 51 remaining years left on the lease. I can't really find anything else in Leek in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you need a home loan the remaining unexpired lease term may be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.
I am 17 days into a leasehold purchase having been recommend to a firm by the high street agent to execute conveyancing in Leek. I am not happy. Can you you assist me in finding new solicitors?
They would need to be really poor in order to consider replacing them. Has the loan offer been generated? In the event that it has you need to make them aware of the new contact details and get the loan are issued to the new lawyers. Your new solicitor ideally should be on the banks approved list to avoid escalating fees and delays. That should be your starting point. Our find a solicitor tool will help you find a bank approved conveyancer for your conveyancing in Leek