I am buying a ground floor flat in St Anns. My lawyer is not listed on the bank approved panel. Am I still permitted to retain my St Anns conveyancing solicitor notwithstanding that they are excluded from the mortgage company list of approved lawyers?
Various options include
- Complete the deal with your preferred St Anns lawyer but your lender will no doubt instruct a solicitor on their approved panel. The net result is additional fees and potential frustration.
- Get a fresh lawyer to act in the purchase, ensuring that they are on the mortgage company conveyancing panel.
- Appeal to your solicitor to seek to join the mortgage company panel
My wife and I are intent on selling our home in St Anns and according to the buyers it appears that there is a possibility that the property was built on contaminated land. A high street St Anns lawyer would know that there is no such problem. For the life of me I don't know why the buyers are using a national conveyancing firm rather than a conveyancing solicitor in St Anns. Having lived in St Anns for 5 years we know of no issue. Do we contact our local Authority to seek confirmation that there is no issue.
It would appear that you have a conveyancing firm already. What do they say? You should 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 illness)
I am looking for a flat up to £305k and found one round the corner in St Anns I like with open areas and railway links in the vicinity, however it only has 52 years on the lease. There is not much else in St Anns for this price, so just wondered if I would be making a mistake acquiring a short lease?
Should you need a home loan the shortness of the lease will likely be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least 2 years you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
What does commercial conveyancing in St Anns cover?
Commercial conveyancing in St Anns covers a broad range of services, given by regulated solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
My father-in-law has encouraged me to appoint his conveyancers in St Anns. Should I use them?
Much as we are happy to recommend a St Anns conveyancing lawyer the best way to choose a conveyancing lawyer is to seek feedback from friends or family who have experience in using the solicitor you're considering.
Is it true that a St Anns conveyancing firm got sued by a client for not carrying out the right conveyancing investigations?
We are not aware of such a St Anns conveyancing claim but it has been reported that, a couple buying a home in Cumbria successfully won a claim against their conveyancer due to development permission to build a wind farm failing to be identified in conveyancing searches.
Where you are contemplating buying a home in St Anns It is important that your solicitor carry out all St Anns conveyancing searches needed to ensure you have accurate and up to date information ahead of buying a home in St Anns.