Me and my partner are acquiring a ground floor flat in Montpelier. My lawyer has never been on on the bank approved panel. Is it possible for me to appoint my Montpelier conveyancing solicitor even though they are excluded from the mortgage company approved list?
You have a number of choices open to you here
- Proceed with your chosen Montpelier but your bank will no doubt appoint a from their approved panel. The net result is additional charges together with potential interruption.
- Get a new to conduct the conveyancing, obviously checking they are on the bank conveyancing panel.
- Convince your to attempt to join the lender panel
We are looking to buy a flat and need a conveyancing solicitor in Montpelier who is on the conveyancing panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for . We don't recommend any particular firms conducting conveyancing in Montpelier.
My Solicitor in Montpelier has never been on on the Conveyancing Panel. Can I still continue with my family solicitor even though they are excluded from the list of approved lawyers?
Your options are as follows:
- Complete the purchase with your existing Montpelier lawyers but will need to instruct a solicitor on their panel. This will result in additional total conveyancing fees and cause delays.
- Choose an alternative practitioner to to deal with the conveyancing, not forgetting to check they are on the panel
Over the last few months I have been searching for a ground for flat up to £235,500 and identified one round the corner in Montpelier I like with amenity areas and railway links nearby, the downside is that it's only got 52 years on the lease. I can't really find anything else in Montpelier suitable, so just wondered if I would be making a mistake purchasing a short lease?
If you need a home loan the shortness of the lease will be a potential deal breaker. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this matter.
I'm remortgaging a house in Montpelier. I can find my conveyancer's company on the Law Society's list, but I can't see my lawyer's name on the list. Should I be concerned?
Not all staff in the practice must be listed by the regulator. As long there is a manager qualified to 'oversee' the transaction, the actual day-to-day activity can be undertaken by unqualified staff.