We are buying a 2 bedroom flat in Marazion with a mortgage. We have a Marazion lawyer, but the bank advise he's not on their "panel". It seems we have little choice but to select one of the lender panel conveyancing practices or retain our Marazion conveyancing practitioner as well as pay for one of their panel firms to act for them. We regard this is inequitable; are we not able to insist that the lender use our Marazion conveyancing practitioner ?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Marazion conveyancing solicitor to apply to be on the conveyancing panel.
The Marazion conveyancing firm handling our Marazion conveyancing has discovered a discrepancy between the information in the home valuation survey and what is revealed within the legal papers for the property. My lawyer says that he must check that the lender is OK with this discrepancy and is still content to lend. Is my lawyer’s stance right?
Your conveyancer must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
We are buying a property and the solicitor has referenced Chancel Repair to which the house may be liable given it’s proximity to the area of such a church. She has recommended insurance. Is this strictly necessary for conveyancing in Marazion
Unless a prior acquisition of the house completed after 12 October 2013 you may take it that lawyers conducting conveyancing in Marazion to remain recommending a chancel search and or chancel repair liability policy.
Despite weeks of looking the Title Certificate and documents to my property can not be found. The lawyers who handled the conveyancing in Marazion 10 years ago have long since closed. Will I be able to sell the house?
You no longer need to hold title deeds to prove you are the registered proprietor of land or property, as the Land Registry have everything they need in a digital format.
I need to retain a conveyancing solicitor for freehold conveyancing in Marazion. I happened to stumble across a site which seems to have the perfect solution If there is a chance to get all this stuff completed via phone that would be ideal. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
How easy is it to change a solicitor as I need to find a Marazion based conveyancer who is on the lender conveyancing panel. Is it practical to instruct different lawyers?
In the event that you have not formally instructed a conveyancer to do anything for you and have just received an estimate as to costs, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Marazion that you're considering.