Me and my fiance are buying a 1 bedroom apartment in Petersfield with a mortgage. We like our Petersfield lawyer, but the bank says she’s not on their "panel". We have to appoint one of the bank panel solicitors or retain our Petersfield lawyer as well as pay for one of their panel ones to represent them. We consider that this is unjust; can we not require that the mortgage company use our Petersfield conveyancing practitioner ?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the bank’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 Petersfield conveyancing lawyer to apply to be on the conveyancing panel.
Are the Petersfield conveyancing solicitors identified as being on the Kent Reliance conveyancing panel, together with their details provided by Kent Reliance?
Petersfield conveyancing firms themselves provide us confirmation that they are on the Kent Reliance conveyancing panel as opposed to being supplied with a list from Kent Reliance directly.
What is the difference between a licensed conveyancer and conveyancing solicitor in Petersfield
Two types of professional can execute conveyancing in Petersfield namely licenced conveyancers or solicitors. Both professionals administer conveyancing services that required to complete the disposal or purchase of property. Both are obliged to carry out Petersfield conveyancing on similar standards and guidelines so you can be safe in the knowledge that your conveyancing will be professionally carried out and that the necessary procedures will be suitably taken.
My husband and I are spending time viewing houses in Petersfield and I am now considering a potential offer. Is it too early to have a solicitor in place? I am planning to take a home loan with Co-operative.
It would be prudent to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. Given that you are getting a mortgage with Co-operative, make sure you remember to check that your lawyer is on the Co-operative conveyancing panel.
I recently had an offer agreed on an apartment in Petersfield. My financial adviser suggested a conveyancer. I paid an advanced payment of £200. A few days later, the conveyancer called me to say that they were not on the Leeds Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Leeds Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Should commercial conveyancing searches reveal proposed roadworks that could impact a commercial land in Petersfield?
Its becoming the norm that commercial conveyancing solicitors in Petersfield will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Petersfield. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Petersfield.
For every commercial conveyancing transaction in Petersfield it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can cause delays to Petersfield commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Petersfield.
Are there restrictive covenants that are commonly picked up during conveyancing in Petersfield?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Petersfield. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am a couple of weeks into a residential purchase having been directed to conveyancers by the estate agent to do our conveyancing in Petersfield. We are not happy. Can you help me find new lawyers?
They would have to be really bad in order to consider replacing them. Has your mortgage offer been issued? In the event that it has you must advise them of the new contact details and get the mortgage documents are re-issued. Your new conveyancer needs to be on the banks approved list to avoid escalating charges and delays. That should be your first question of the new solicitors. The find a solicitor tool can help you find a bank approved conveyancer for your home move in Petersfield