My husband and I are buying a 2 bedroom flat in Townhill with a mortgage. We have a Townhill solicitor, but the lender advise she’s not on their "panel". It seems we have no choice but to appoint one of the mortgage company panel solicitors or keep our Townhill conveyancer as well as pay for one of their panel lawyers to represent them. This feels very unfair; is there anything we can do?
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. A further alternative is for your Townhill conveyancing solicitor to apply to be on the conveyancing panel.
Our conveyancer has identified a a legal deficiency with the lease for the flat we are purchasing in Townhill. The other side have suggested defective title insurance as a workaround. We are content with insurance and will cover the costs. Our solicitor has advised that he must be satisfied that the lender is willing to move forward with this solution. Who is the client here, us or the mortgage company ?
Even though you have a mortgage offer from the mortgage company does not mean to say that the property will meet their provisions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook provisions. You and the bank are the client. These conveyancing instructions have to be complied with.
Just had an offer accepted on a new build apartment in Townhill. Conveyancing is necessary evil 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.
Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Townhill
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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. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Are there any apps to assist me to locate a Townhill solicitor on the Aldermore conveyancing panel? I have wheels and am prepared to travel upto 25miles to meet the solicitor.
Feel free to make use of the facility on this page. Please select a bank and your location and you will see a number of Townhill conveyancing lawyers located nearest you. We have detailed some Townhill conveyancing firms towards the end of this page and you can telephone them to verify if they are on the Aldermore panel
We are a couple of weeks into a residential purchase having been recommend to conveyancers by the local agent to execute conveyancing in Townhill. I am not happy. Can you help me find new solicitors?
A lawyer would have to be really bad in order to consider diss instructing them. Has your loan offer been issued? If so you need to inform them of the new contact details and get the mortgage documents are re-issued. Your solicitor ideally should be on the lenders panel to avoid escalating expenses and delays. That should be your starting point. The search tool should assist you in finding a bank approved solicitor for your home move in Townhill
What can I do to establish who is the owner of a property in Townhill?
As long as the premises is recorded at HMLR, and you have sufficient specifics of the address of the property, you should be able to view details from the HM Land Registry of the recorded owner for a fee.