Can you help? My Walkden solicitor is informing me me that she is duty bound toorder Walkden conveyancing searches becausethe firm are on the Virgin Moneyapproved lawyer panel. Is my solicitor correct?
You have limited options available to you. As you are taking a home loan with a bank your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your property lawyer would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to comply with the CML Handbook provisions . Even if you were a cash buyer you would be ill advised not to carry out Walkden conveyancing searches.
We are purchasing a house in Walkden. I might seem paranoid but how we can trust a conveyancer? At some point we will need to send funds into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We have agreed to purchase a house in Walkden. A rare aspect is that the roof has a solar panel. Virgin Money have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Virgin Money your lawyer must check the conveyancing requirements set out in Section 2 of UK Finance Lenders’ Handbook for Virgin Money. The Council of Mortgage Lenders’ Handbook sets out minimum provisions for solar panel roof-space leases, and solicitors are required to report to Virgin Money where a lease does not meet these provisions. The conditions relate to the installation of panels on properties countrywide and is not limited to Walkden.
I recently had an offer agreed on an apartment in Walkden. My mortgage broker pressured me to appoint their property lawyer. I paid an advanced payment of £225. A couple of days later, the conveyancer called me to say that they were not on the Principality conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Principality panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I need some expedited conveyancing in Walkden as I am under pressure to exchange contracts inside 4 weeks. Luckily I do not need a mortgage. Is it possible to decline from having conveyancing searches to save fees and time?
If.Given you are not obtaining a home loan you are at free not to have searches conducted although no law firm would recommend that you don't. With plenty of history conveyancing in Walkden the following are instances of what can appear and therefore impact future mortgageability: Enforcement Notices, Overdue Fees, Outstanding Grants, Unadopted Roads,...
I decided to have a survey done on a property in Walkden before retaining solicitors. I have been informed that there is a flying freehold aspect to the property. The surveyor advised that some lenders tend refuse to issue a loan on a flying freehold home.
It varies from the lender to lender. Bank of Scotland has different instructions from Halifax. Should you wish to telephone us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Walkden. Conveyancing will be smoother if you use a solicitor in Walkden especially if they are acquainted with such properties in Walkden.
As co-executor for the estate of my father I am disposing of a residence in Neath but I am based in Walkden. My lawyer (based 260 miles awayrequires that I sign a stat dec before the transaction finalising. Can you recommend a conveyancing solicitor in Walkden to witness this legal document for me?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will be fine regardless of whether they are Walkden based
Do online conveyancing organisations do everything a high street Walkden solicitor does or must I employ a solicitor for the final stages for my conveyancing in Walkden?
Where you choose an online conveyancer they should undertake all the things your Walkden conveyancer will cover.