My solicitor has identified a a problem with the lease for the apartment we are purchasing in Williton. The other side have suggested defective title insurance as a solution. We are happy with insurance and will cover the costs. Our conveyancer says that he must check that the bank is content 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 mortgage company are the client. Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook provisions. 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 property lawyer will have no choice but to discontinue acting for you.

Can your site be used to locate a Conveyancing solicitor in Williton even where I’m not buying or selling a house, for example where I wish to buy an office in Williton with a mortgage from Clydesdale?

Our comparison service is mainly there to select residential conveyancing solicitors in Williton but we have set out at the end of this page some Williton commercial conveyancing firms. You should speak with the firm directly to see if they are also authorised to represent Clydesdale

Just had an offer accepted on a new build flat in Williton. Conveyancing is a frightening process 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 legal work.

Here are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Williton

Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. There must be mutual enforceability of lessee’s covenants.

Do I need to be suspicious by third parties that I am dealing with are encouraging me to use a nationwide conveyancing firm as opposed to a local Williton conveyancing practice?

As is the case with lots of professional services, often recommendations from family and friends can be worth their weight in gold. Nevertheless there are numerous people with a vested interest in a conveyancing transaction; estate agents, financial adviser and mortgage companies may recommend solicitors to retain. Sometimes these conveyancers might be known to one of the organisations as one of the best in their field, but sometimes there exists a commercial relationship behind the recommendation. You are at liberty to select your own lawyer. You need to be aware that most lenders have an approved list of conveyancers you are obliged to use for the mortgage related work in your home move.

We are four weeks into a leasehold purchase having been referred to conveyancers by the selling agent to execute conveyancing in Williton. I am am extremely dissatisfied with the quality of service. Could you help me find new solicitors?

They would need to be really bad to suggest changing them. Has your mortgage been issued? If so you will need to inform them of the new contact details and get the mortgage documents are re-sent. Your new conveyancer should be on the mortgage company approved list to avoid supplemental fees and frustration. That should be your first question of the new lawyers. The search tool should assist you in finding a bank approved conveyancer for your conveyancing in Williton