I can't travel far from South Molton. I would like to know the logic why all South Molton conveyancers aren't included on all bank panels?
Banks point to the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud annually.The dismissal of law firms from lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its outcome included recommendations for lenders to review their conveyancing panels, which triggered a major policy change in the sector. It resulted in lenders purging a number of firms off their official list of approved property lawyers .
Please could you vouch for a Santander approved South Molton conveyancing firm who can have us moved in within 10 days? Would it be better to use a high street South Molton firm or a factory type firm?
We can recommend some very good South Molton conveyancing firms. You can also walk up the main road in South Molton. Go in to two or three law practices and ask to speak with a conveyancing solicitor for a quote. Mention your requirements together with your reasons and get a commitment on speed. Appoint the one that appears most efficient.
Can your site be used to recommend a Conveyancing solicitor in South Molton even where I’m not buying or disposing of a house, for instance if I wish to buy an office in South Molton with a loan from Birmingham Midshires?
Our search tool is mainly used to locate residential conveyancing solicitors in South Molton but we have listed at the end of this page a few South Molton commercial conveyancing firms. You will need to make contact with the firm directly to see if they are also authorised to represent Birmingham Midshires
I am considering applying for a Bank of Ireland mortgage for purchase of a newly converted (under development) in South Molton with 65 per cent loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Bank of Ireland ?
There is nothing to stop you using your solicitor, but Bank of Ireland will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
I am buying a new build apartment in South Molton. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in South Molton
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please confirm the Lease plans are architect prepared.
Should I go with a South Molton conveyancing lawyer who is local to the property I am buying? An old friend can perform the conveyancing however his firm is located a couple of hundredmiles away.
The primary upside of using a local South Molton conveyancing practice is that you can visit the firm to sign paperwork, present your ID and pester them if necessary. They will also have local insight which is a bonus. However it's more important to get someone that will do a good and efficient job. If you know people who instructed your friend and they were content that should trump using an unfamiliar South Molton conveyancing lawyer solely due to them being round the corner.