I am one month into the sale of my flat in Yeading and the estate agent has just telephoned to advise that the buyers are switching conveyancer. I am told that this is due to the fact that the lender will only work with solicitors on their approved list. On what basis would a major lender only engage with certain lawyers rather the firm that they want to choose to handle their conveyancing in Yeading ?
UK lenders have always had an approved set of law firms they are willing to work with, but in the past few years big names such as Santander, have reviewed and reduced their conveyancing panel– in some cases removing conveyancing firms who have represented them for decades.
Lending institutions point to the increase in fraud as the reason for the cull – criteria have been tightened as a smaller panel is easier to keep an eye on. No lender will say how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society claims that it is being contacted daily by practices that have been removed from panels. Plenty of firms are unaware that they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. Your buyers are unlikely to have any impact on this.
Do the conveyancing solicitors identified via your search tool execute attended exchange conveyancing in Yeading?
We do have a number of conveyancing experts who can conduct attended exchanges. You should e-mail us to secure a conveyancing quote and details as to availability.
Completed the sale of my flat in Yeading last December but our buyer keeps e-mailing me to moan that her lawyer needs to hear from myconveyancer. What should my lawyer have done following completion?
Following your disposal your solicitor should send the transfer deeds and all of the paperwork to the purchaser's conveyancer. Depending on the transaction, your conveyancer should also evidence that the legal charge in favour of the lender has been repaid to the purchasers conveyancers. There are no post completion procedures just for conveyancing in Yeading.
Just had an offer accepted on a new build apartment in Yeading. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Yeading
-
If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? 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. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
I opted to have a survey completed on a house in Yeading before appointing lawyers. I have been advised that there is a flying freehold aspect to the property. Our surveyor advised that some lenders may refuse to give a loan on this type of house.
It depends who your proposed lender is. Lloyds has different requirements for example to Birmingham Midshires. Should you wish to call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Yeading. Conveyancing may be slightly more expensive based on your lender's requirements.
As co-executor for the will of my aunt I am disposing of a residence in Neath but live in Yeading. My conveyancer (who is 200 kilometers awayneeds me to execute a statutory declaration ahead of completion. Could you suggest a conveyancing solicitor in Yeading who can witness and place their company stamp on the document?
strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will do regardless of whether they are Yeading based