We are intending to purchase a 1 bedroom apartment in Whickham with a mortgage. We like our Whickham solicitor, however the lender says she’s not on their "panel". We have to appoint one of the lender panel conveyancing practices or retain our Whickham conveyancing practitioner as well as pay for one of their panel lawyers to represent them. We consider that this is unjust; 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. Another option that might be available is for your Whickham conveyancing solicitor to apply to be on the conveyancing panel.
Finally the sale completed on my house in Whickham last February but our buyer keeps texting every few hours to moan that his lawyer is waiting to hear from myconveyancer. What are the post completion sale formalities now that I have sold?
Following your sale your solicitor is committed to deliver the transfer documentation and all of the paperwork to the buyer’s lawyers. If applicable, your conveyancer should also evidence that the home loan has been redeemed to the buyers solicitors. There are no post completion requirements peculiar conveyancing in Whickham.
I bought my house on 12 April and the transaction details are still not on the land registry website. Any reason for this? My conveyancing solicitor in Whickham expressed confidence that it should be dealt with inside ten days. Are transfers in Whickham particularly slow to register?
There is nothing unique about conveyancing in Whickham registration formalities. Rather than based on location, timescales can vary according to the party submitting the application, whether there are errors and whether the Land registry communicate with any third persons or bodies. As of today in the region of three quarters of submission are fully dealt with within 12 days but occasionally there can be longer hold-ups. Registration takes place once the new owner has moved in to the property so post completion formalities is not typically primary concern yet if there is a degree of urgency associated with the registration then you or your lawyers can communicate with the Registry to express the reasoning for an expedited registration.
I am buying a new build flat in Whickham. Conveyancing is a frightening process 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 legal work.
Set out below is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Whickham
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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. Please supply a car parking plan. Please confirm the Lease plans are architect prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
Can you offer any advice when it comes to choosing a Whickham conveyancing firm to deal with our lease extension?
When appointing a property lawyer for your lease extension (regardless if they are a Whickham conveyancing firm) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We advise that you talk with several firms including non Whickham conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be of use:
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If they are not ALEP accredited then what is the reason? What are the costs for lease extension conveyancing?
Whickham Conveyancing for Leasehold Flats - Sample of Queries Prior to Purchasing
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The prefered form of lease arrangement is if the freehold reversion is owned by the leaseholders. In this scenario the lessees enjoy being in charge if their destiny and even though a managing agent is often retained if it is larger than a house conversion, the managing agent acts for the leaseholders themselves. Is there a share of the freehold? Does the lease contain onerous restrictions?
I am planning to acquire a house and require a conveyancing solicitor in Whickham who is on the bank approved panel. Could you point me in the right direction as regards a Whickham solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the lender who carry out conveyancing in Whickham. We dont recommend any particular solicitor.