We are purchasing a flat and require a conveyancing solicitor in Bembridge who is on the TSB solicitor panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for TSB . We don't recommend any particular firms conducting conveyancing in Bembridge.
I had intended to instruct a conveyancing solicitor in Bembridge for our house purchase. Our financial adviser has since advised us that our mortgage company Lloyds TSB Bank won't deal with them. Surely this is unfair competition?
Pre- 2008 most lenders had an appetite for risk which was higher than today. Almost all Bembridge conveyancing firms would have been on most lender panels. The financial services regulator in 2010 conducted a thematic investigation into mortgage fraud which come to the conclusion: know the conveyancing solicitors dealt with. Consequently, mortgage companies are increasingly seeing more data from law firms about their operations and their employees as well as establishing certain criteria such a completing on a minimum amount of conveyancing. Many Bembridge conveyancing firms that have been excluded from lender panels have a 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Bembridge is one of the hundreds of areas where the conveyancers we recommend are are authorised to act for Lloyds TSB Bank.
What does a local search inform me about the property my wife and I buying in Bembridge?
Bembridge conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search organisations for example Searches UK The local search plays an important role in many a Bembridge conveyancing purchase; as long as you don’t want any nasty surprises after you move into your property. The search should reveal information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject headings.
Just acquired a terraced house in Bembridge , how long should it take for the Land Registry to register the transfer to my name? My Bembridge conveyancing solicitor works at snail pace, so I want to check the registration is concluded.
As far as conveyancing in Bembridge registration is no quicker or slower than anywhere else in the country. As opposed to being determined by geographic area, timescales can adjust subject to the party submitting the application, whether it is in order and if the Land registry have to notify any interested persons or bodies. Currently approximately 80% of such applications are fully addressed within 12 days but some can be subject to protracted hold-ups. Registration takes place after the buyer is living at the premises therefore 'speed' is not usually an essential issue yet if it is urgent that the the registration takes place urgently then you or your solicitor can communicate with the Registry to express the reasoning for the application to be prioritised.
Due to the encouragement of my in-laws I had a survey completed on a house in Bembridge in advance of retaining solicitors. I have been told that there is a flying freehold element to the property. My surveyor advised that some banks will refuse to issue a loan on this type of home.
It depends who your proposed lender is. Bank of Scotland has different instructions from Halifax. If you call us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Bembridge. Conveyancing will be smoother if you use a solicitor in Bembridge especially if they are accustomed to such properties in Bembridge.