My husband and I are buying a 2 bedroom flat in Woore with a mortgage. We like our Woore lawyer, however the lender advise he's not on their "panel". We have to appoint one of the lender panel firms or retain our Woore solicitor as well as pay for one of their panel firms to represent them. We feel that this is inequitable; are we not able to demand that the lender use our Woore conveyancer ?
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 lender’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 Woore conveyancing solicitor to apply to be on the conveyancing panel.
At what point will exchange of contracts happen for purchase conveyancing in Woore and am I required to be at the conveyancers office?
If you are near to one of the conveyancing solicitors in Woore you are welcome to come in to sign contracts. That being said, the law practices we recommend offer a nationwide conveyancing service and provide just as comprehensive and professional a job for you when dealing with you electronically. The executing of the property agreement is not when everything is set in stone. Signing on the dotted line is just a prerequisite for the solicitor to officially exchange at the appropriate time, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Woore)to be in the office available at the end of the phone to exchange contracts.
The deeds to my property are lost. The solicitors who did the conveyancing in Woore 5 years ago are no longer around. What are my next steps?
Gone are the days when you need to hold title original deeds to prove you are the registered proprietor of land or premises, given that the Land Registry have everything they need in a digital format.
I am looking for a ground for flat up to £305k and identified one near me in Woore I like with a park and transport links in the vicinity, the downside is that it's only got 51 years on the lease. I can't really find anything else in Woore in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
If you require a mortgage the shortness of the lease may be an issue. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.
I need to instruct a conveyancing solicitor for remortgage conveyancing in Woore. I happened to land on a web site which seems to have the perfect answer If it is possible to get all formalities done via web that would be ideal. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I note that you have a search directory identifying firms on the bank conveyancing panel. Do Woore conveyancing firms pay you a referral fee if I instruct them for my own house purchase?
We are a listing service only for law firms wishing to communicate if they are on the bank conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Woore.