I was advised recently by my IFA that my Rushden property lawyer is not on the bank Solicitor panel. What can I do to check?
The best course of action for you to take is to call your Rushden conveyancer. It is reasonable to expect your lawyer to inform you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your bank.
My Rushden conveyancer has uncovered an inconsistency when comparing the surveyor’s assumptions in the valuation survey and what is revealed within the title deeds. My solicitor informs me that he must ensure that the lender is OK with this discrepancy and is still content to lend. Is my lawyer’s course or action legitimate?
Your lawyer must comply with the UK Finance Lenders’ Handbook conditions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
We are planning to acquire a flat and require a conveyancing solicitor in Rushden who is on the Leeds Building Society conveyancing panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Leeds Building Society . We don't recommend any particular firms conducting conveyancing in Rushden.
I used Stirling Law several years ago for my conveyancing in Rushden. I now require my file 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 Rushden of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a straight forward, no chain conveyancing. Rushden is the location of the property. Can you offer any assistance?
Flying freeholds in Rushden are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Rushden you would need to get your solicitor to go 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 Rushden 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.
Am I better off to choose a Rushden conveyancing practitioner based in the area that I am hoping to buy? I have an old university friend who can conduct the legal formalities however his firm is located 400kilometers away.
The primary upside of using a local Rushden conveyancing practice is that you can pop in to sign documents, present your ID and apply pressure on them if necessary. They will also have local insight which is a bonus. That being said it's more important to get someone that will pull out all the stops for you. If if people you trust instructed your friend and on the whole were content that must trump using an unknown Rushden conveyancing solicitor solely due to them being round the corner.