My wife and I are buying a 2 bedroom apartment in Raunds with a mortgage. We have a Raunds lawyer, however the mortgage company advise he's not on their "panel". It appears that we have little choice but to appoint one of the mortgage company panel firms or retain our Raunds conveyancing practitioner and pay for one of their panel firms to act for them. We regard this is inequitable; is there anything we can do?
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. A further alternative is for your Raunds conveyancing solicitor to apply to be on the conveyancing panel.
I am need of leasehold conveyancing for a flat in a fairly new development (seven years old) in Raunds. 95% of the appartments are already sold. Is it really necessary to order conveyancing searches for my conveyancing in Raunds?
Conveyancing Searches are a vital link in the Raunds conveyancing process. There are hundreds search providers delivering Raunds conveyancing searches, as well straight from the local authority. These are generally termed personal search companies due to them carrying out, personal searches. Nevertheless, all Local Authority Search conveyancing products have one thing in common - they must obtain their information from the local authority.
My wife and I are planning on selling our property in Raunds and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. A local conveyancer would know this is not the case. For the life of me I don't know why the purchasers are using a web based conveyancing outfit as opposed to a conveyancing solicitor in Raunds. Having lived in Raunds for 5 years we know of no issue. Should we get in touch with our local Authority to obtain confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing solicitor already. Are they able to advise? You need to check with 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 ailment)
It has been 2 months since my purchase conveyancing in Raunds completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I decided to have a survey carried out on a house in Raunds in advance of appointing lawyers. I have been told that there is a flying freehold aspect to the property. My surveyor has said that some lenders tend not issue a loan on this type of house.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. Should you wish to call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Raunds. Conveyancing will be smoother if you use a solicitor in Raunds especially if they are familiar with such properties in Raunds.
My step-father has suggested that I appoint his lawyers for conveyancing in Raunds. Do I take his guidance?
Much as we are happy to recommend a Raunds conveyancing lawyer it’s preferable to choose a conveyancing practitioner is to have referrals from friends or family who have previously instructed the firm that you are considering.