Our conveyancer has discovered a defect with the lease for the flat we are buying in Belford. The other side have put forward defective title insurance as a workaround. We are content with insurance and will cover the costs. Our lawyer has advised that he must check that the lender is content with this solution. Who is the client here, us or the lender?
Notwithstanding that you have a mortgage offer from the mortgage company does not mean to say that the property will meet their provisions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the lender are the client. These conveyancing instructions have to be complied with.
Are the BSA planning on creating a search tool with a view to to identify law firms on the Darlington Building Society conveyancing panel for example in Belford?
Lexsure has not been advised of any intention on the part of the BSA to develop such a search facility.
Me and my brother own a renovated Georgian property in Belford. Conveyancing lawyer acted for me and Chelsea Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, another for leasehold under the matching property. If a house is not a freehold shouldn't I have been informed?
You need to review the Freehold register you have again and check the Charges Register as there may be 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 Belford and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing lawyer who conducted the purchase.
What is different about your site and other internet conveyancing brokers when it comes to conveyancing in Belford?
At this site receive a fixed fee quote from a Solicitor or Licensed Conveyancer that appreciates the nuances for your conveyancing in Belford. As opposed to estate agents and many comparison sites we do not charge firms a commission if you instruct them for your conveyancing in Belford
My brother has encouraged me to instruct his lawyers for conveyancing in Belford. Should I use them?
Much as we are happy to recommend a Belford conveyancing lawyer it’s preferable to choose a conveyancing lawyer is to seek feedback from friends or relatives who have actually previously instructed the conveyancer you're contemplating using.