I am selling my apartment in The Park and the EA has just e-mailed to advise that the buyers are swapping property lawyer. The excuse is that the mortgage company will only deal with solicitors on their conveyancing panel. Why would a big named mortgage company only engage with certain lawyers rather the firm that they want to select for their conveyancing in The Park ?
Lenders have always had an approved set of law firms that can represent them, but in recent years big names such as HSBC, have considered and reduced their conveyancing panel– in some cases removing conveyancing firms who have worked with them for over 25 years.
Banks justify this action to a rise in fraud by way of justification for the cull – criteria have been narrowed as a smaller panel is easier to oversee. Banks tend not to disclose how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society says it is being contacted daily by practices that have been removed from panels. Some are unaware that they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. Your buyers are not going to have any impact on this.
Are you able to suggest a Leeds Building Society sanctioned The Park conveyancing conveyancer finish our house move within under 3 weeks? Would it be better to use a high street The Park solicitor or an online comparison site?
We can recommend some very good The Park conveyancing firms. You can also walk up the high street in The Park. Visit a couple of firms and ask to see a conveyancing solicitor for a costs illustration. Mention your deadline together with the reasons and ask for an assurance on speed. Select the lawyer that genuine.
About to purchase a new build apartment in The Park. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in The Park
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Due to the encouragement of my in-laws I had a survey completed on a property in The Park in advance of retaining solicitors. I have been advised that there is a flying freehold aspect to the property. My surveyor has said that some mortgage companies may not give a mortgage on this type of house.
It varies from the lender to lender. HSBC has different instructions for example to Birmingham Midshires. Should you wish to call us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in The Park. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in The Park to see if the conveyancing will be more expensive.
I am a sole trader planning to lease a unit on the high street. Can you recommend conveyancers offering no-move-no charges for commercial conveyancing in The Park for below £2000?
We can recommend firms who have well rounded knowledge of commercial conveyancing in The Park, including the disposal and purchase of businesses as well as simply premises. Whether you are hoping to acquire or sell a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right firm. As for the fees these will vary based on the structure and heads of terms of the deal. Let us have your contact information or call so as to enable us to supply you with a detailed commercial conveyancing calculation.
My husband and I are novice buyers - had an offer accepted, but the selling agent told us that the owners will only go ahead if we instruct their preferred lawyers as they need a ‘quick sale’. My instinct tells me that we should use a high street solicitor accustomed to conveyancing in The Park
We suspect that the owner is not behind this demand. Should the owner require ‘a quick sale', turning down a serious purchaser is counter productive. Speak to the vendors direct and explain that (a)you are keen to buy (b)you are ready to go, with finances arranged © you have nothing to sell (d) you intend to proceed fast (e)but you will continue to appoint your preferred The Park conveyancing lawyers - as opposed tothe ones that will give the negotiator at the agency a commission or hit his conveyancing figures set by HQ.