Me and my husband are purchasing a maisonette in Thornbury. My Conveyancer has never been on on the bank solicitor list. Am I still permitted to retain my Thornbury conveyancing solicitor even though they are excluded from the lender panel?
Various options include
- Proceed with your existing Thornbury conveyancing practitioner but your lender will undoubtedly instruct a conveyancer from their approved panel. This will result in additional cost and probable interruption.
- Choose a new property lawyer to conduct the conveyancing, ensuring that they are on the mortgage company conveyancing panel.
- Convince your property lawyer to pull out all the stops to join the mortgage company conveyancing panel
As someone unfamiliar with the Thornbury conveyancing process what is your top tip you can give me for the ownership transfer in Thornbury
You may not hear this from too many lawyers but conveyancing in Thornbury and elsewhere in England and Wales is an adversarial process. Put another way, when it comes to conveyancing there exists plenty of opportunity for confrontation between you and other parties involved in the transaction. For example, the seller, property agent and even potentially the mortgage company. Selecting a law firm for your conveyancing in Thornbury is a critical decision as your conveyancer is your adviser, and is the SOLE party in the process whose interest is to act in your legal interests and to protect you.
We are witnessing a definite emergence in the "blame" culture- someone has to be blamed for the process being so protracted. You should always trust your lawyer ahead of all other parties in the conveyancing process.
I used Wolstenholmes a few years past for my conveyancing in Thornbury. Now, I need my files however the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Thornbury of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
The estate agent has sent us the confirmation of our purchase of a new build flat in Thornbury. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Thornbury
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please confirm the Lease plans are architect prepared. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I'm converting the mortgage on my existing house to a buy to let loan with Yorkshire Building Society and I will use the ballance of the raised equity as a deposit on a second property. The neighborhood we are interested in is Thornbury. Will your conveyancers be able to act for both sets of lenders and tie in the two deals?
Do use our comparison tool on this site to be sure that the lawyers are on the relevant lender panels. Assuming that they are your solicitor will be able to tie up the two transactions but you should have a chat with you conveyancer and specify your expectations and needs.
Helen (my wife) and I may need to sub-let our Thornbury basement flat for a while due to a career opportunity. We instructed a Thornbury conveyancing firm in 2004 but they have since shut and we did not have the foresight to seek any guidance as to whether the lease permits subletting. How do we find out?
Notwithstanding that your previous Thornbury conveyancing lawyer is not available you can check your lease to check if it allows you to sublet the premises. The accepted inference is that if the lease is non-specific, subletting is allowed. There may be a precondition that you must obtain consent from your landlord or some other party before subletting. The net result is you not allowed to sublet without first obtaining consent. Such consent must not not be unreasonably refused ore delayed. If the lease prohibits you from letting out the property you will need to ask your landlord for their consent.
Leasehold Conveyancing in Thornbury - Examples of Queries Prior to Purchasing
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What is the name of the managing agents? The answer will be important as a) areas may cause problems in the building as the common areas may begin to deteriorate if repairs remain unpaid b) if the leaseholders have an issue with the managing agents you will need to have complete disclosure Does the lease have in excess of 90 years left?