Our conveyancer has discovered a defect with the lease for the apartment we are purchasing in Hither Green. The seller’s lawyers have put forward title insurance as a workaround. We are content with insurance and will cover the costs. Our solicitor says that he must ensure that the lender is willing to move forward with this solution. Are we the client or is the lender?
The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the lender are the client. Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the mortgage company 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 conveyancer will have no choice but to discontinue acting for you.
I am selling my house in Hither Green. Does my property lawyer have to be required to be on the Barclays conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Barclays conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently currently.
If you had a top tip for selecting a conveyancing solicitor in Hither Green what would it be?
It would be unwise to be seduced by the cheapest Hither Green conveyancing quote. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of time.
I am buying a detached bungalow in Hither Green. We would like to carry out a loft conversion at the property.Will legal conveyancing on the property involve checks to see if these works were previously refused?
Your solicitor should check the registered title as conveyancing in Hither Green can occasionally identify restrictions in the title documents which restrict certain alterations or require the consent of a 3rd party. Certain extensions need local authority planning permissions and approval under the building regulations. Certain locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these issues with a surveyor ahead of any purchase.
The formalities of my remortgage has taken place for my property in Hither Green. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
Most lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. We understand that complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
I need some quick conveyancing in Hither Green as I am faced with a deadline to exchange contracts within 3 weeks. Luckily I do not need a mortgage. Is it possible to decline from having conveyancing searches to save money and time?
If.Given you are are a mortgage free purchaser you have the choice not to have searches conducted although no conveyancer would suggest that you don't. Drawing on our experience of conveyancing in Hither Green the following are examples of issues that can be revealed and adversely impact the marketability of the property: Enforcement Notices, Overdue Charges, Overdue Grants, Railway Schemes,...
Due to the encouragement of my in-laws I had a survey completed on a house in Hither Green before instructing solicitors. I have been told that there is a flying freehold aspect to the house. My surveyor advised that some banks may refuse to give a mortgage on this type of house.
It depends who your proposed lender is. Santander has different instructions for example to Halifax. If you call us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Hither Green. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Hither Green to see if the conveyancing costs will increase in light of this.