I am nearing exchange of contracts for my house in Griffithstown and the estate agent has just e-mailed to warn that the purchasers are swapping solicitor. The excuse is that the bank will only deal with property lawyers on their approved list. Why would a big named mortgage company only engage with certain lawyers rather the firm that they want to choose to handle their conveyancing in Griffithstown ?
Lenders have always had panels of law firms they are content to work with, but in recent years big names such as Santander, have considered and reduced their conveyancing panel– in some cases removing conveyancing firms who have worked with them for over 25 years.
Mortgage companies blame a rise in fraud by way of justification for the cull – criteria have been stiffened as a smaller panel is easier to oversee. Banks tend not to disclose how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society says 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 sway in the decision.
Me and my fiancee are buying our first home. The conveyancing practitioner has texted usto ask if we wish to take out extra conveyancing searches. We are really unsure what's necessary for conveyancing in Griffithstown
The quantity and type of Griffithstown conveyancing searches depends entirely on the property, the location, the possibility of any of these risks, your familiarity of the region and risks, your general attitude to risk. What is important is that you adequately comprehend what information each search could supply. You may then make a decision if you personally think you need that search. Where you are in doubt, ask the conveyancing practitioner to explain.
Having sold my house in Griffithstown last December but our buyer keeps texting me complaining that her solicitor is waiting to hear from mysolicitor. What should have happened now that I have sold?
After completion of your house sale your lawyer is duty bound to deliver the transfer deeds and all additional paperwork to the buyer’s conveyancer. Depending on the transaction, your conveyancer should also send confirmation that the home loan has been paid off to the buyers solicitors. There is unlikely to be post completion procedures specific conveyancing in Griffithstown.
Completion is due on our sale of a £275,000 garden flat in Griffithstown in 10 days. The landlords agents has quoted £372 for Landlord’s certificate, insurance certificate and previous years statements of service charge. Is the landlord entitled to charge such fees for a flat conveyance in Griffithstown?
Griffithstown conveyancing on leasehold maisonettes usually necessitates administration charges raised by landlords agents :
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Addressing pre-exchange enquiries
Where consent is required before sale in Griffithstown
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
Griffithstown Leasehold Conveyancing - Examples of Queries Prior to buying
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How many of the leaseholders are in arrears for their service charge payments? Best to be warned if window replacement or some other significant cost is due in the near future to be shared by the leasehold owners and will materially increase the the service costs or result in a specific invoice. What prohibitions are contained in the Griffithstown Lease?
Do I cancel my mortgage payments with Skipton once a completion date for my sale in Griffithstown has been set?
You are best advised to maintain meeting any mortgage payments to Skipton until the mortgage is discharged on completion as part of your Griffithstown conveyancing.