We wish to acquire a newly converted apartment in Grassendale with a homeloan from Yorkshire Building Society.We use our Grassendale conveyancing lawyer but Yorkshire Building Society says he's not on their "panel". It seems we are left with little choice but to instruct a Yorkshire Building Society panel lawyer or retain our preferred solicitor and fork out for a Yorkshire Building Society panel lawyer to represent them. We feel as though this is unjust; is there anything we can do?
No, not really. The home loan issued to you contains terms and conditions, one of which will be that solicitors will be on the Yorkshire Building Society approved list. in the past, most banks had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for Yorkshire Building Society
I bought my flat on 2 October and the transaction details is not yet on the land registry website. Need I be worried? My conveyancing solicitor in Grassendale advises it should be registered in a couple of weeks. Are properties in Grassendale particularly slow to register?
As far as conveyancing in Grassendale registration is no faster or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timeframes can differ depending on the party submitting the application, whether it is in order and if the Land registry communicate with any third persons or bodies. At present approximately 80% of such applications are fully dealt with within 12 days but some can be subject to protracted hold-ups. Historically registration is effected once the new owner is living at the premises thus registration formalities is not usually top priority yet where there is a degree of urgency associated with the registration then you or your solicitor must communicate with the Registry to express the reasoning for the application to be prioritised.
Due to the advice of my in-laws I had a survey completed on a house in Grassendale prior to instructing conveyancers. I have been informed that there is a flying freehold element to the house. My surveyor advised that some mortgage companies will not give a loan on a flying freehold house.
It depends who your proposed lender is. HSBC has different requirements from Halifax. If you call us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Grassendale. Conveyancing may be slightly more expensive based on your lender's requirements.
We're FTB’s - had an offer accepted, yet the agent told us that the vendor will only proceed if we use their chosen conveyancers as they want a ‘quick sale’. My instinct tells me that we should use a family solicitor used to conveyancing in Grassendale
It is improbable the sellers are behind this. If they desire ‘a quick sale', turning down a serious buyer is likely to cause more damage than good. Bypass the agents and go straight to the owners and make sure they comprehend that (a)you are genuine buyers (b)you are ready to progress, with finances in place © you are chain free (d) you wish to move quickly (e)however you intend to instruct your own,trusted Grassendale conveyancing firm - not the ones that will provide their estate agent a commission or hit his conveyancing figures pre-set by corporate headquarters.
I am buying a house and cash is in place. My conveyancer has been given with two distinct proof of photographic identification, bank statement, endless utility bills. Now he needs a copy from a probate lawyer advising that the money is in order and that it has come from inheritance and not selling fake DVD.
In today’s world you will not be able to complete any Grassendale conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Proof of your source of funds is required under Money Laundering laws.