My fiance and I are planning to buy a house in Woodhouse and Handsworth and are in fact using a Woodhouse and Handsworth conveyancing firm. Within the past 48 hours our lawyer has sent a preliminary report and documents to look through with the expectation that exchange is imminent. Britannia have this morning contacted us to inform me that they have now hit a problem as our Woodhouse and Handsworth conveyancer is not on their approved list of lawyers. Please explain?
When purchasing a property with the benefit of a mortgage it is standard for the purchasers' lawyers to also act for the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your property lawyer should contact your bank and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You are not legally obliged to appoint a law firm on the lender’s conveyancing panel as you are at liberty to use your preferred Woodhouse and Handsworth lawyers, in which case it will likely add costs, and it may delay matters as you have another set of people involved.
We are purchasing our first property. The conveyancing practitioner has contact usto see if we want to purchase extra conveyancing searches. We are really unsure what's recommended for conveyancing in Woodhouse and Handsworth
The number and type of Woodhouse and Handsworth conveyancing searches depends primarily on the premises, the location, the probability of any of these risks, your knowledge of the locality and risks, your overall approach to risk. What is important is that you properly appreciate what information the searches could provide. Then you can make a decision if you consider that you need that search. Where you are unsure, ask your conveyancer to guide you.
Can your site be used to locate a Conveyancing solicitor in Woodhouse and Handsworth even if I’m not buying or selling a house, for instance where I intend to acquire an office in Woodhouse and Handsworth with a mortgage from Yorkshire Building Society?
Our comparison service is predominantly utilised to get a quote from domestic conveyancing solicitors in Woodhouse and Handsworth but we have listed at the bottom of this page some Woodhouse and Handsworth commercial conveyancing firms. You will need to make contact with the solicitors directly to see if they are also authorised to represent Yorkshire Building Society
My wife and I have recently appointed a conveyancing solicitor in Woodhouse and Handsworth. I I am struggling to find out if they are on the Skipton Building Society approved list of lawyers. Can you assist?
The first thing to do is phone your solicitor and ask them if they can act for the bank. Otherwise you should call Skipton Building Society who may be able to confirm.
I am buying a new build apartment in Woodhouse and Handsworth. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Woodhouse and Handsworth
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are surveyor prepared. 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.