I have just been advised by my broker that my Crewe solicitor is not on the lender Solicitor panel. How can I be sure whether this is correct?
Your first step should be to contact your Crewe lawyer directly. It is reasonable to expect your lawyer to notify you of the situation. If they are not on the panel they may recommend you to a Crewe conveyancing firm that is on the conveyancing panel for your bank.
My wife and I are refinancing our flat in Crewe with Santander. We have a son approaching twenty who lives at home. Our solicitor has asked us to disclose any adults other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the flat is repossessed. I have two questions (1) Is this form unique to the Santander conveyancing panel as he never had to sign this form when we bought 5 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Santander. This is solely used to protect Santander if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Santander had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
Our mortgage company has recommended solicitors on their panel based in Crewe but I would rather choose a conveyancing lawyer in Crewe or nearer to where I live. Can you help?
The minority of Crewe conveyancing practitioners are on all lender’s conveyancing panel. Use the above find an approved solicitor tool to find a Crewe conveyancing conveyancer on the on the bank panel.
How does conveyancing in Crewe differ for new build properties?
Most buyers of new build property in Crewe contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is completed. This is because builders in Crewe typically purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Crewe or who has acted in the same development.
I'm refinancing my primary house to a BTL mortgage with Aldermore and intend to use the remaining equity towards further property. The area we are talking about is Crewe. Will your lawyers be able to act for the two lenders and link together the transactions?
Make use of our search tool on this site to ensure that the solicitors are approved by both banks. Assuming that they are your solicitor will be able to tie up the two conveyancing matters but you should have a chat with you conveyancer and specify your desired outcome and requirements.