My partner and I are hoping to purchase a house in Stone Cross and are in fact using a Stone Cross conveyancing practice. Within the last couple of days our lawyer has forwarded the sale agreement to be signed with a detailed report with a view to exchanging next week. Clydesdale have this morning contacted us to advise us that they have now hit a problem as our Stone Cross conveyancer is not on their approved list of lawyers. Is this a problem?
When purchasing a property with the benefit of a mortgage it is conventional for the purchasers' lawyers to also act for the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your solicitor should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You don't have to instruct a firm on the bank's conveyancing panel as you are at liberty to use your preferred Stone Cross lawyers, in which case it will likely add costs, and it may delay matters as you have another set of people involved.
I am selling my home in Stone Cross. Does the solicitor need to be on the Nationwide conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Nationwide conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently at the moment.
I need some fast conveyancing in Stone Cross as I have an ultimatum to exchange contracts in less than 2 weeks. A mortgage is not required. Is it possible to escape the need for conveyancing searches to save money and time?
As you are are a mortgage free buyer you have the choice not to do searches although no solicitor would advise that you don't. With plenty of history conveyancing in Stone Cross the following are instances of what can appear and therefore impact future saleability: Enforcement Actions, Outstanding Charges, Overdue Grants, Railway Schemes,...
My wife and I own a renovated Edwardian house in Stone Cross. Conveyancing solicitor represented me and Norwich and Peterborough Building Society. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold with the matching address. Is it worth asking Norwich and Peterborough Building Society to clarify?
You need to assess 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Stone Cross and other locations in 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 purchasers. You can also question the position with your conveyancing lawyer who carried out the work.
Taking into account that I will soon part with 450k on a garden flat in Stone Cross I would like to have a conversation with the lawyer regarding thehouse move ahead of giving the go ahead to the firm. Can this be arranged?
We could not agree more - it is our preference to talk to you we do not take any clients on without you speaking to the conveyancer who will be carrying out your property ownership legalities in Stone Cross.There is no ‘factory style conveyancing’ - each client is unique individual, not a file reference. The solicitors that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Stone Cross should be the amount on the final invoice that you are charged.
As co-executor for the will of my grandfather I am disposing of a residence in Cardiff but reside in Stone Cross. My lawyer (based 200 kilometers from mehas requested that I sign a stat dec before completion. Can you recommend a conveyancing solicitor in Stone Cross who can attest this legal document for me?
strictly speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are Stone Cross based