My wife and I are purchasing a 2 bedroom flat in Penryn with a mortgage. We wish to retain our Penryn lawyer, but the bank advise he's not on their "panel". It appears that we have little choice but to instruct one of the bank panel conveyancing practices or retain our Penryn conveyancing practitioner as well as pay for one of their panel lawyers to act for them. This seems very unfair; can we not insist that the lender use our Penryn conveyancer ?
No, not really. Your mortgage offer 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. Another option that might be available is for your Penryn conveyancing lawyer to apply to be on the conveyancing panel.
Can I use your services to recommend a Conveyancing solicitor in Penryn even where I’m not purchasing or selling a house, for example if I intend to acquire an office in Penryn with a mortgage from Chelsea Building Society?
Our comparison service is mainly utilised to get a quote from residential conveyancing solicitors in Penryn but we have recorded at the end of this page a few Penryn commercial conveyancing firms. You will need to make contact with the firm directly to see if they can also act for Chelsea Building Society
I am downsizing from our house in Penryn and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. Any local lawyer would know this is not the case. It does beg the question why the buyers instructed a nationwide conveyancing firm as opposed to a conveyancing solicitor in Penryn. Having lived in Penryn for three years we know of no issue. Is it a good idea to get in touch with our local Authority to seek clarification need.
It sounds as though you may have a conveyancing solicitor currently acting for you. What do they say? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
Due to the guidance of my in-laws I had a survey completed on a house in Penryn prior to appointing solicitors. I have been told that there is a flying freehold element to the property. Our surveyor has said that some mortgage companies will refuse to issue a mortgage on a flying freehold house.
It depends who your proposed lender is. Lloyds has different requirements for example to Nationwide. If you contact us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Penryn. Conveyancing may be slightly more expensive based on your lender's requirements.
My uncle has suggested that I appoint his conveyancers in Penryn. Should I use them?
There are no two ways about it the best way to find a conveyancing practitioner is to seek recommendations from friends or family who have actually experience in using the conveyancer that you are are thinking of instructing.
Can I discover who is the owner of a house in Penryn?
As long as the property is registered with the Land Registry, and you have requisite specifics of the address of the premises, you should be able to see results from the HMLR of the registered owner for a for less than a fiver.