Is there a list of Aldermore panel solicitors in Poundbury on the Building Society Association’s Website?
Unfortunately not yet. There is no such tool on the CML or Building Society Association websites. A small selection of mortgage companies make their panel listings visible over the internet. Where you are seeking to appoint a Poundbury lawyer on the Aldermore please make the most of our tool.
is it true that all Poundbury solicitor practices on the Nationwide conveyancing panel are overseen by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Nationwide conveyancing panel they would need to be overseen by the SRA. Many banks do permit licenced conveyancers on their panel in which case such practice would be regulated by the CLC.
I have instructed a Poundbury conveyancer having checked that they are on the Bank of Ireland conveyancing panel. Does my lawyer arrange the survey of the property?
Bank of Ireland will need an independent valuation of the property. Your lawyer will not arrange this. Usually Bank of Ireland will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your conveyancing practitioner will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Poundbury postcode. As you are getting a mortgage with Bank of Ireland, you could contact them to see if they have a list of approved surveyors in Poundbury.
My colleague advised me that where I am purchasing in Poundbury I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes included in the estimate for your Poundbury conveyancing searches. It is a large document of more than thirty pages, listing and detailing significant information about Poundbury around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Poundbury Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Poundbury Education with maps and statistics, Local Amenities and other useful data regarding Poundbury.
Over the last few months I have been searching for a flat up to £245,000 and identified one near me in Poundbury I like with a park and station nearby, however it only has 51 years on the lease. There is not much else in Poundbury suitable, so just wondered if I would be making a mistake buying a short lease?
Should you require a home loan the shortness of the lease may be problematic. Discount the offer by the amount the 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 could request that they start the process of the extension and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.
Am I right to be concerned about estate agents that I am dealing with are suggesting an internet conveyancing firm rather than a High Street Poundbury conveyancing company?
As with many professional services, often suggestions from relatives can be worth their weight in gold. Yet there are many parties with a keen interest in a conveyancing matter; estate agents, mortgage brokers and banks might all put forward lawyers to instruct. On occasion the conveyancers might be known to one of the organisations as being good in their field, but sometimes there is an underlying financial incentive behind the endorsement. You have the right to choose your own conveyancer. Don't forget that many mortgage providers specify a panel list of conveyancers you have to use for the mortgage aspect of your transaction.
Do online conveyancing companies do everything a high street Poundbury solicitor does or must I retain a solicitor for the final stages for my conveyancing in Poundbury?
If you use an online conveyancer they should undertake all the work your Poundbury conveyancer would cover.