Me and my partner are purchasing a 3 bedroom flat in Papworth Everard with a mortgage. We have a Papworth Everard conveyancer, but the lender advise he's not on their "panel". It appears that we have little option but to select one of the bank panel firms or continue with our Papworth Everard solicitor and pay for one of their panel ones to act for them. We regard this is unjust; is there anything we can do?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the bank’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 Papworth Everard conveyancing solicitor to apply to be on the conveyancing panel.
My wife and I have a terraced Georgian property in Papworth Everard. Conveyancing lawyer represented me and TSB. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, another for leasehold under the matching property. I thought I was buying a freehold how can I check?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Papworth Everard and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with your conveyancing lawyer who conducted the conveyancing.
How does conveyancing in Papworth Everard differ for new build properties?
Most buyers of new build or newly converted property in Papworth Everard approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is completed. This is because builders in Papworth Everard usually acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Papworth Everard or who has acted in the same development.
I'm refinancing my primary property to a BTL loan with HSBC Bank and I will use the rest of the raised equity as a down payment on further property. The neighborhood we are talking about is Papworth Everard. Will your solicitors be able to act for the two lenders and link together the two deals?
Do use our comparison tool on this page to check that the solicitors are approved by both lenders. On the basis that they are your conveyancer should be able to simultaneously deal with the two transactions but you should have a chat with you conveyancer and communicate your desired outcome and requirements.
What do I do if I am unhappy with the conveyancing practitioner who carried out our conveyancing in Papworth Everard?
Occasionally the level of service you receive is not as you expect, and is is a fact of life that every so often things do go wrong. Nevertheless there is recourse where you were not happy with your conveyancing in Papworth Everard. This varies from trying to resolve matters directly with them, through to reporting a property lawyer to their governing body. If things still aren’t resolved you may consider getting in touch with the Legal Ombudsman.