My lawyer has identified a a problem with the lease for the apartment we are buying in Woodbury. The other side have suggested title insurance as a solution. We are happy with insurance and will cover the costs. Our conveyancing practitioner has advised that he must check that the bank is willing to move forward with this solution. Are we the client or is the bank?
The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the bank are the client. Your property lawyer must comply with the UK Finance Lenders’ Handbook provisions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the bank can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your solicitor will have no choice but to discontinue acting for you.
At what point does exchange of contracts take place for purchase conveyancing in Woodbury and do I need to attend the solicitors branch?
If you are in close proximity to one of the conveyancing solicitors in Woodbury you are invited in to sign the paperwork. That being said, the firms we recommend provide a national conveyancing service and provide just as comprehensive and professional a job for you when dealing with you digitally. The signing of the contract is not the critical part. Signing on the dotted line is just a prerequisite for the conveyancer to officially exchange at the suitable time, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Woodbury)to be in the office available at the end of the phone to exchange contracts.
We are expecting a mortgage offer soon. The lender mentioned the home loan came with free conveyancing. Is the implication that I have to instruct their panel conveyancer as I would much rather appoint a high street conveyancing solicitor in Woodbury?
Do check but the chances are that give you one of their panel conveyancers should you take up the "fee-free" incentive. Call the bank and check if they make available a cash alternative. Some mortgage companies have previously offered a £250 cashback as a further option in which case you could put that amount towards the cost for your conveyancing solicitor in Woodbury.
I need some quick conveyancing in Woodbury as I am under pressure to sign on the dotted line in less than 3 weeks. Thankfully I do not need a mortgage. Is it possible to decline from having conveyancing searches to save money and time?
As you are not taking a home loan you are at free not to do searches although no solicitor would advise that you don't. With lots of history conveyancing in Woodbury the following are examples of issues that can appear and adversely impact future saleability: Refused Planning Applications, Overdue Fees, Overdue Grants, Road Schemes,...
Are there restrictive covenants that are commonly picked up during conveyancing in Woodbury?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Woodbury. 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 looking for a conveyancing practitioner in Woodbury for my house move. Is there any facility to review a solicitor's record with the profession’s regulator?
Members of the public may see presented Solicitor Regulator Association (SRA) decisions arising from investigations from 2008 onwards. Go to Check a solicitor's record. To find records Pre 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, use +44 (0)121 329 6800. The SRA sometimes recorded telephone calls for training reasons.