Some advice if I may. My Ponthir solicitor is advising me that he has toconduct Ponthir conveyancing searches asthe firm are on the Nat Westapproved lawyer panel. Is my lawyer correct?
Unfortunately both you and your lawyer have little choice here. As you are taking a home loan with a bank your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to follow the CML Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Ponthir conveyancing searches.
Do conveyancers ask for an advanced payment for my conveyancing in Ponthir?
Where you are retaining lawyers for conveyancing in Ponthir your lawyer will ask you place them with monies to cover the search fees. Ordinarily this is requested to cover the fees of the Local Authority Search. If any down payment is as part of the total price then this should be needed immediately ahead of exchange of contracts. Any further balance that is due should be sent to your lawyer a couple of days prior to the completion date.
My property lawyer in Ponthir is not listed on the TSB Solicitor Panel. Can I still retain my family solicitor notwithstanding that they are not on the TSB approved list?
The limited options open to you here include:
- Complete the purchase with your existing Ponthir lawyers but TSB will need to instruct a lawyer on their panel. This will inevitably rack up the overall conveyancing fees as well as result in delays.
- Find an alternative solicitor to act in the conveyancing, not forgetting to check they are Convince your solicitor to use their best endeavours to join the TSB conveyancing panel
I used Stirling Law a few years ago for my conveyancing in Ponthir. Now, I need the documents but the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Ponthir of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Ponthir is the location of the property. Can you offer any advice?
Flying freeholds in Ponthir are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Ponthir you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ponthir 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 residence.
What does commercial conveyancing in Ponthir cover?
Commercial conveyancing in Ponthir incorporates a broad range of guidance, supplied by regulated solicitors, relating to business property. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.