My partner and I are intent on purchasing residence in Stamfordham. My Conveyancer is not on the mortgage company conveyancing list. Can I still use my Stamfordham conveyancing solicitor even though they are excluded from the lender panel?
Various options include
- Proceed with your chosen Stamfordham conveyancer but your mortgage company will undoubtedly appoint a lawyer from their conveyancing panel. This will result in additional cost together with potential delay.
- Get a new lawyer to act in the purchase, ensuring that they are on the bank conveyancing panel.
- Convince your property lawyer to pull out all the stops to join the lender’s panel of solicitors
It is is a decade since I bought my property in Stamfordham. Conveyancing solicitors have recently been retained on the sale but I am unable to track down my title deeds. Is this a major issue?
Don’t worry too much. First there is a chance that the deeds will be retained by your lender or they may stored with the conveyancers who handled the purchase. Secondly the chances are that the property will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors procuring current official copies of the land registers. The vast majority of conveyancing in Stamfordham involves registered property but in the unlikely event that your property is unregistered it is more of a problem but is resolvable.
Do the Building Society Association intend to launch a searchable register to list law firms on the Loughborough BS conveyancing panel for instance in Stamfordham?
We would not expect to be advised of any plans on the part of the BSA to develop such a search facility.
Will our conveyancer be asking questions regarding flooding during the conveyancing in Stamfordham.
Flooding is a growing risk for solicitors conducting conveyancing in Stamfordham. There are those who buy a property in Stamfordham, completely aware that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, where a property is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or dispose of the premises. Steps can be carried out during the course of a property purchase to forewarn the buyer.
Lawyers are not best placed to give advice on flood risk, however there are a various checks that may be carried out by the purchaser or by their lawyers which will give them a better understanding of the risks in Stamfordham. The conventional set of property information forms supplied to a buyer’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a standard question of the owner to discover if the premises has suffered from flooding. If the property has been flooded in past and is not notified by the owner, then a buyer may bring a legal claim for losses as a result of such an misleading response. The purchaser’s solicitors may also carry out an enviro search. This should indicate if there is any known flood risk. If so, more detailed inquiries will need to be initiated.
What makes your site different to other web based conveyancing solicitors when it comes to conveyancing in Stamfordham?
At this site receive a fixed fee quote via a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Stamfordham. Unlike many estate agents and brokerage sites we do not have kick-back arrangements with solicitors. Some agents and online brokers 'recommend' solicitors paying the most per referral, rather than the best value conveyancing in Stamfordham
I need to retain a conveyancing solicitor for purchase conveyancing in Stamfordham. I have chance upon a web site which appears to be the ideal answer If it is possible to get all the legals done via phone that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?