we are a couple who are buying a newbuild apartment in Sawtry with a loan from Lloyds TSB Bank.We would like to retain our Sawtry conveyancing solicitor but Lloyds TSB Bank informed us she’s not listed on their "panel". We have to appoint a Lloyds TSB Bank panel solicitor or keep our high street solicitor and pay for a Lloyds TSB Bank panel lawyer to act for them. This seems very unfair; Can we not simply insist that Lloyds TSB Bank use our lawyer?
Unfortunately,no. The mortgage issued to you contains various provisions, a common one being that solicitors needs to be on the Lloyds TSB Bank approved list. Until recently, most banks had large numbers of solicitors on their panels: a borrower could find 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 solicitors to apply to be on the conveyancing panel for Lloyds TSB Bank
My wife and I own a 4 bedroom Georgian property in Sawtry. Conveyancing solicitor acted for me and Nationwide Building Society. I did a free Land Registry search last week and there are a couple of entries: one for freehold, another for leasehold under the exact same property. Is it worth asking Nationwide Building Society to clarify?
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Sawtry and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with your conveyancing practitioner who conducted the work.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a simple, no chain conveyancing. Sawtry is the location of the property. Is there any advice you can impart?
Flying freeholds in Sawtry are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sawtry you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sawtry may decide 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 property.
Given that I am about to part with £400,000 on a two bedroom apartment in Sawtry I wish to talk to a conveyancer concerning thehouse move ahead of instructing the firm. Can this be arranged?
This is something that we encourage - it is our preference to talk to you we do not take any clients on without you speaking to the lawyer who will be doing your property ownership legalities in Sawtry.There is no ‘factory style conveyancing’ - each client is unique individual, not a case number. The practices that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Sawtry should be the figure that you are charged.
In my capacity as executor for the estate of my uncle I am disposing of a property in Newport but live in Sawtry. My lawyer (based 300 kilometers from meneeds me to sign a stat dec ahead of the transaction finalising. Can you recommend a conveyancing lawyer in Sawtry who can attest this legal document for me?
Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are based in Sawtry
Do I need to have a meeting at the offices of the mortgage company conveyancing panel solicitor to sign the mortgage deed? If so, I will choose one who does conveyancing in Sawtry so that I can pop in to their offices when needed.
Most conveyancing panel lawyers for the mortgage company undertake conveyancing via the post, internet or over the phone. This means that they can undertake your Conveyancing Transaction no matter where you live in England or Wales. YOu dont have to use a conveyancing solicitor in Sawtry. However you should check if you can still book an appointment to go into appointed conveyancing lawyer if you prefer.