Is the fact that my solicitor in Milton is not identified on my bank's solicitor panel that there is a problem with the standard of his work?
It would not be wise to jump to that conclusion. There are all sorts of perfectly plausible explanations. Just recently a report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Milton conveyancing practice and ask them why they are no longer on the approved list for your bank.
My Conveyancer in Milton has never been on on the Leeds Building Society Solicitor Panel. Is it possible for me to retain my family solicitor even though they are not on the Leeds Building Society approved list?
Your options are as follows:
- Complete the purchase with your existing Milton solicitors but Leeds Building Society will need to use a solicitor on their panel. This will inevitably rack up the total conveyancing fees and result in frustration.
- Find a new solicitor to to deal with the purchase, not forgetting to check they are Persuade your lawyer to use their best endeavours to join the Leeds Building Society conveyancing panel
Just had an offer accepted on a new build apartment in Milton. Conveyancing is necessary evil 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 conveyancing.
Set out below are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Milton
-
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. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I've recently found out that there is a flying freehold issue on a house I put an offer in a fortnight ago in what should have been a simple, chain free conveyancing. Milton is the location of the property. Can you shed any light on this issue?
Flying freeholds in Milton are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Milton you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Milton 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 premises.
My father-in-law has recommend that I use his lawyers for conveyancing in Milton. Should I choose my own conveyancer?
Much as we are happy to recommend a Milton conveyancing lawyer the ideal way to select a conveyancing practitioner is to seek guidance from friends or relatives who have actually experience in using the firm that you are are thinking of instructing.
We have chosen a Milton conveyancing solicitor for our house purchase (FTB’s) and have picked up in the Ts and Cs that they are not regulated by the Financial Conduct Authority. Am I right to be worried or is that usually the case with conveyancer?
We can't see why they should be. Most solicitor don't lend money. They should be regulated by the SRA, who have stringent rules in place on monies sitting by them.