Much to our surprise we have been advised by our financial adviser that my Beaminster property lawyer is not on the bank Solicitor panel. What can I do to check?
The sensible course of action for you to take is to call your Beaminster conveyancer. You lawyer should advise you what has happened. If they are not on the panel they may be able to suggest a Beaminster conveyancing firm that is on the conveyancing panel for your mortgage company.
I used Arc property Solicitors a few years ago for my conveyancing in Beaminster. I now require my file but the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Beaminster of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Yesterday I discovered that there is a flying freehold element on a property I have offered on a fortnight ago in what was supposed to be a quick, no chain conveyancing. Beaminster is where the house is located. Can you offer any opinion?
Flying freeholds in Beaminster are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Beaminster you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Beaminster may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
What does commercial conveyancing in Beaminster cover?
Beaminster conveyancing for business premises covers a broad range of advice, given by regulated solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
We had our mortgage approved last Friday with our lender. We instructed a long established conveyancer in Beaminster two days ago. Today, our broker called to say that the bank said that we cannot use our solicitor as they aren't on their 'approved list'. As FTB's, we did not have a clue that the mortgage company had a say Is this usual?
You are at liberty to choose any lawyer you wish to instruct for your conveyancing in Beaminster nevertheless if your mortgage company aren't happy with them you must fork out additional cost so the bank can retain their own solicitors as well to protect their interest. It may be possible your solicitor may apply to get included on to the mortgage company panel. You can use web-based search facilities including lenderpanel.com to find a conveyancing solcitor in Beaminster on the mortgage company panel. You can go into your local mortgage company branch in Beaminster. They will know some good conveyancing solicitors in Beaminster on the approved list.