Unfortunately I am unable to travel far from St Leonard Shoreditch. Please explain the reason why all St Leonard Shoreditch conveyancers aren't included on all bank panels?
Banks tend to restrict either the type or volume of conveyancing practices on their panel. Frequent examples of such criteria being that a firm needs to have at least two partners. In addition to restricting the nature of firm, some banks made a decision to restrict the size of their panel they allow to represent them. It is worth noting that banks have no accountability for the accuracy of service provided by any St Leonard Shoreditch lawyer on their approved list. Mortgage fraud was the key driver in the culling of solicitor panels in the last decade even though there are differing views about the extent of solicitor involvement in some of that fraud. Data published by HMLR exposes that thousands of conveyancing organisations only transact one or two conveyances a year. Those vindicating conveyancing panel pruning question why law firms should have the right to be listed on a lender panel when it is evident that conveyancing is not their primary expertise?
We note that you have a post code search directory identifying firms on the Santander conveyancing panel. Do firms pay you a commission if I appoint them for our own conveyancing in St Leonard Shoreditch?
We are a listing service only for law firms wishing to communicate if they are on the Santander conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in St Leonard Shoreditch.
I am in the process of refinancing my apartment in St Leonard Shoreditch, does my lawyer have to be on the Co-operative Conveyancing panel?
There is nothing to stop you using your solicitor, but Co-operative will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
What does a local search inform me regarding the property we're purchasing in St Leonard Shoreditch?
St Leonard Shoreditch conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search company for example Searches UK The local search is essential in every St Leonard Shoreditch conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your new home. The search will reveal data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic sections.
My wife and I have a renovated Edwardian house in St Leonard Shoreditch. Conveyancing practitioner represented me and Chelsea Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold with the exact same address. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in St Leonard Shoreditch and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with your conveyancing lawyer who conducted the conveyancing.
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. St Leonard Shoreditch is where the house is located. What do you suggest?
Flying freeholds in St Leonard Shoreditch are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in St Leonard Shoreditch you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in St Leonard Shoreditch 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 property.