My solicitor has discovered a a legal deficiency with the lease for the apartment we are purchasing in Cippenham. The other side have put forward title insurance as a solution. We are content with insurance and will cover the costs. Our conveyancer says that he must be satisfied that the lender is happy with this solution. Are we the client or is the lender?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the lender are the client. Your lawyer must comply with the UK Finance Lenders’ Handbook conditions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your conveyancer will have no choice but to discontinue acting for you.
We are planning to acquire a property and need a conveyancing solicitor in Cippenham who is on the Aldermore approved panel. Could you point me in the right direction as regards a 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 Aldermore . We don't recommend any particular firms conducting conveyancing in Cippenham.
My Conveyancer in Cippenham is not listed on the Alliance & Leicester Conveyancing Panel. Can I still retain my family solicitor even though they are not on the Alliance & Leicester list of approved lawyers?
Your options are as follows:
- Carry on with your existing Cippenham solicitors but Alliance & Leicester will need to use a solicitor on their list of acceptable firms. This will inevitably rack up the total legal charges and result in delays.
- Get an alternative solicitor to act in the purchase, not forgetting to check they are Convince your lawyer to do everything within their powers to join the Alliance & Leicester conveyancing panel
What is your number one tip for choosing a conveyancing solicitor in Cippenham
Do not opt for the lowest Cippenham conveyancing costs illustration. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
This question may be naive but I am new to the home moving as a 1st time buyer of a ground floor flat in Cippenham. Do I receive the keys to the premises on the completion date from my lawyer? If this is the case, I will appoint a High Street conveyancing solicitor in Cippenham?
On the day of completion you do not need to go to the conveyancers office in Cippenham. Your solicitors will electronically transfer the completion advance to the seller's conveyancers, and once they have received this, you will be invited to receive the keys from the property Agents and move into your new home. This tends to happen between 1 and 3pm.
After weeks of negotiation I have agreed a price on an apartment in Cippenham. My mortgage broker pressured me to appoint their lawyer. I paid an on account payment of £150. A couple of days later, the conveyancing practitioner contacted me sheepishly admitting that they were not on the UBS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the UBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
My wife and I own a semi-detached Victorian property in Cippenham. Conveyancing solicitor represented me and Alliance & Leicester . I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold with the exact same address. I thought I was buying a freehold how can I check?
You should assess 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 Cippenham and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with the conveyancing solicitor who conducted the conveyancing.