Our solicitor has discovered a a legal deficiency with the lease for the flat we are purchasing in Wallingford. The seller’s lawyers have put forward title insurance as a solution. We are happy with insurance and will pay for it. Our property lawyer has advised that he must be satisfied that the bank is happy with this solution. Who is the client here, us or the bank?
Notwithstanding that you have a mortgage offer from the lender 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 requirements. You and the mortgage company are the client. The appropriate lender specifications must be adhered to.
Can I use your services to recommend a Conveyancing solicitor in Wallingford even if I’m not buying or disposing of a house, for instance where I wish to buy an office in Wallingford with a mortgage from Alliance & Leicester ?
The service is primarily there to help choose residential conveyancing solicitors in Wallingford but we have listed towards the end of this page a few Wallingford commercial conveyancing firms. You will need to make contact with the solicitors directly to check if they are also authorised to represent Alliance & Leicester
My Solicitor in Wallingford is not listed on the Aldermore Solicitor Panel. Can I still continue with my family solicitor notwithstanding that they are not on the Aldermore panel?
Your options are as follows:
- Carry on with your preferred Wallingford lawyers but Aldermore will need to use a conveyancer on their panel. This will result in additional total legal charges and result in delays.
- Get a new solicitor to act in the purchase, obviously checking they are Aldermore approved.
- Persuade your Aldermore solicitor to attempt to join the Aldermore panel
Are there restrictive covenants that are commonly identified during conveyancing in Wallingford?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Wallingford. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am a fortnight into a leasehold purchase having been directed to a firm by the local agent to carry out the conveyancing in Wallingford. I am not happy. Can you help me find new solicitors?
A conveyancer would need to be really bad to suggest changing them. Has your mortgage been generated? If so you will need to make them aware of the new contact details and have the mortgage documents are re-sent. Your new conveyancer should be on the banks approved list to avoid added fees and complications. So that should be your starting point. The find a solicitor tool can assist you in finding a bank approved solicitor for your home move in Wallingford
Is it true that a Wallingford conveyancing practice got sued by clients for failing to conduct the right conveyancing investigations?
Our attention has not be brought to such a Wallingford conveyancing claim but according to a recent report, a couple buying a house elsewhere in England successfully sued their conveyancer due to development plans to build a wind farm not being identified in conveyancing searches.
Where you are purchasing in Wallingford It is essential that your lawyer purchase all Wallingford conveyancing searches required to ensure you have accurate and current information before acquiring a home in Wallingford.