We are buying a 1 bedroom apartment in Pratt's Bottom with a mortgage. We like our Pratt's Bottom solicitor, but the lender advise he's not on their "panel". We have to appoint one of the bank panel solicitors or keep our Pratt's Bottom property lawyer and pay for one of their panel firms to represent them. This seems very unfair; are we not able to require that the lender use our Pratt's Bottom lawyer ?
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. A further alternative is for your Pratt's Bottom conveyancing lawyer to apply to be on the conveyancing panel.
My partner and I are selling our house in Pratt's Bottom and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any high street Pratt's Bottom lawyer would know that there is no such problem. For the life of me I don't know why the purchasers are using a nationwide conveyancing practice rather than a conveyancing solicitor in Pratt's Bottom. We have lived in Pratt's Bottom for 5 years we know of no issue. Do we contact our local Authority to obtain clarification that there is no issue.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You must 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 sickness)
The deeds to my property are lost. The lawyers who handled the conveyancing in Pratt's Bottom 4 years ago are no longer around. What do I do?
Assuming you have a registered title the details of your proprietorship will be held by the Land Registry under a Title Number. It is possible to perform a search at the Land Registry, find your property and obtain up to date copies of the Registered Entries for a small fee. If the title is Leasehold then the Land Registry will in most cases retain a certified copy of the Registered Lease and again, a copy can be obtained for twenty pounds.
Yesterday I discovered that there is a flying freehold element on a house I have offered on a fortnight ago in what should have been a straight forward, chain free conveyancing. Pratt's Bottom is the location of the property. Can you offer any guidance?
Flying freeholds in Pratt's Bottom are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Pratt's Bottom you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Pratt's Bottom may ascertain 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.
Hoping to buy a property located in Pratt's Bottom and I am already nervous. I couldn't find anything specific about Pratt's Bottom. Conveyancing will be needed in due course but do you know about the Pratt's Bottom area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Pratt's Bottom. In the meantime here are some basic statistics that we found
I need to appoint a conveyancing solicitor for some conveyancing in Pratt's Bottom. I've stumble upon a web site which looks to be the ideal solution If there is a chance to get all this stuff completed via web that would be ideal. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?