Me and my fiance are purchasing a 2 bedroom apartment in Strawberry Hill with a mortgage. We like our Strawberry Hill conveyancer, but the lender says he's not on their "panel". We have to appoint one of the bank panel firms or continue with our Strawberry Hill conveyancer and pay for one of their panel lawyers to act for them. This feels very unfair; are we not able to require that the mortgage company use our Strawberry Hill property lawyer ?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Strawberry Hill conveyancing lawyer to apply to be on the conveyancing panel.
Finally the sale completed on my house in Strawberry Hill last December but our buyer keeps SMS messaging me to moan that his conveyancer is waiting to hear from mine. What should my lawyer have done now that I have sold?
Post completion of your disposal your solicitor is committed to deliver the transfer documentation and all additional paperwork to the buyer’s conveyancer. If applicable, your conveyancer must also confirm that the home loan has been repaid to the purchasers lawyers. There is unlikely to be post completion tasks just for conveyancing in Strawberry Hill.
I have been told that property searches are a common reason for stalling in Strawberry Hill house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not feature within the common causes of hindrances during the legal transfer of property. Searches are not likely to feature in any holding up conveyancing in Strawberry Hill.
How does conveyancing in Strawberry Hill differ for new build properties?
Most buyers of new build residence in Strawberry Hill approach us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is finished. This is because developers in Strawberry Hill usually purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Strawberry Hill or who has acted in the same development.
I opted to have a survey carried out on a house in Strawberry Hill before retaining solicitors. I have been advised that there is a flying freehold overhang to the house. My surveyor advised that some mortgage companies tend not issue a loan on such a premises.
It varies from the lender to lender. Santander has different requirements from Halifax. If you contact us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Strawberry Hill. Conveyancing will be smoother if you use a solicitor in Strawberry Hill especially if they are acquainted with such properties in Strawberry Hill.
My husband and I are a couple of weeks into a residential purchase having been recommend to solicitors by the selling agent to perform conveyancing in Strawberry Hill. I am am starting to be dissatisfied with the quality of service. Can you help me find new solicitors?
A solicitor would need to be really bad in order to consider replacing them. Has your loan offer been sent? In the event that it has you need to advise them of the new contact details and have the loan are re-sent. The conveyancer needs to be on the banks approved list to avoid escalating expenses and delays. So that should be your first question of the new lawyers. The find a solicitor tool should help you find a bank approved solicitor for your conveyancing in Strawberry Hill