My lawyer in Penwortham is not on the Bank of Scotland Solicitor Panel. Can I still continue with my prefered solicitor even though they are not on the Bank of Scotland panel of approved conveyancing solicitors?
The limited options available to you here include:
- Carry on with your existing Penwortham lawyers but Bank of Scotland will need to use a solicitor on their list of acceptable firms. This will result in additional total legal charges as well as cause delays.
- Choose an alternative practitioner to act in the conveyancing, obviously checking they are on the Bank of Scotland panel
My wife and I own a terraced Edwardian property in Penwortham. Conveyancing solicitor acted for me and TSB. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, the second leasehold under the matching property. I thought I was buying a freehold how can I check?
You should assess 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Penwortham and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing lawyer who conducted the work.
I am buying a new build apartment in Penwortham. Conveyancing is daunting 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.
Here is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Penwortham
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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. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please supply a car parking plan.
I am looking to sell my house. My former conveyancers closed down. It would be helpful to have a recommendation of a conveyancing firm. Im based in Penwortham if that makes a difference.
Do use our search tool to help you choose a solicitor for your conveyancing in Penwortham. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
My husband and I are first time buyers - had an offer accepted, but the estate agent told us that the seller will only proceed if we appoint the agent's chosen conveyancers as they want a ‘quick sale’. We would rather use a high street solicitor with experience of conveyancing in Penwortham
It is unlikely the sellers are driving this. Should the vendor want ‘a quick sale', turning down a genuine buyer is going to damage their objectives. Speak to the owners direct and explain that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you wish to move quickly (e)but you are going to instruct your preferred Penwortham conveyancing firm - not the ones that will provide the negotiator at the agency a kickback or meet his conveyancing targets set by corporate headquarters.
Sixweeks into purchasing a property in Penwortham. Conveyancing lawyer has told us the property is "Leasehold". Does this make a difference on our lender’s valuation?
Penwortham conveyancing does not normally involve leasehold houses. The main consideration here is the length of lease and the ground rent. If there are hundred of years years remaining with a nominal rent, it's almost the same as freehold, so it’s unlikely to affect the marketability significantly.
At the other end of the spectrum, if it's, say, fifty five years it is bound to have a material impact on the value, and most likely wouldn't be mortgageable. The remaining lease term and ground rent will be set out in the lease which should be made available to your lawyer.