I am not in a position to travel far from Iver. Is there a reason why all Iver solicitors are not on all lender panels?
Mortgage Companies ordinarily restrict either the nature or the number of conveyancing solicitors on their approved list of lawyers. A common example of such criteria being that a organisation is required to have at least two partners. In addition to restricting the type of firm, some building societies decided to reduce the size of their panel they use to represent them. You should note that banks have no accountability for the accuracy of service provided by any Iver property lawyer on their approved list. Increases in mortgage fraud was a key driver in the culling of solicitor panels a few years ago notwithstanding that there are opposing opinions about whether solicitors sat at the center of that fraud. Statistics from HM Land Registry indicates that thousands of conveyancing firms only conduct a couple of conveyances annually. Those supporting conveyancing panel cuts question why conveyancing firms deserve any entitlement to be on a conveyancing panel when clearly property law is not their primary expertise?
We see that you have a post code search directory identifying firms on the Leeds Building Society conveyancing panel. Do firms pay you a commission if I appoint them for our conveyancing in Iver?
We are a listing service only for law firms wishing to communicate if they are on the Leeds Building Society conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Iver.
I moved into my apartment on 14 August and my personal details is not yet on the land registry website. Need I be worried? My conveyancing solicitor in Iver advises it would be dealt with inside ten days. Are properties in Iver particularly slow to register?
As far as conveyancing in Iver registration is no faster or slower than anywhere else in England and Wales. Rather than based on location, timeframes can differ depending on who lodges the application, whether it is in order and whether the Land registry need to notify any 3rd persons or bodies. As of today approximately three quarters of such applications are fully addressed within 12 days but occasionally there can be extensive delays. Historically registration occurs after the purchaser is living at the premises so registration formalities is not typically primary concern but if it is urgent that the the registration takes place urgently then you or your conveyancer should speak with the land registry and explain the circumstances.
I have been on the look out for a ground for flat up to £305k and identified one round the corner in Iver I like with a park and station in the vicinity, however it only has 61 years on the lease. I can't really find anything else in Iver suitable, so just wondered if I would be making a grave error buying a short lease?
Should you require a mortgage the shortness of the lease will be an issue. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least 2 years you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.
In sourcing the internet for the words conveyancing in Iver it reveals numerous conveyancerslocally. With so much choice what is the best way to find the suitable conveyancing solicitor for purchase transaction?
The best way of choosing the right conveyancer is through a personal referral, so ask friends and family who have purchased a property in Iver or a local estate agent or financial adviser. Charges for conveyancing in Iver differ, so it's a good idea to obtain at least four quotes from different solicitors. Make sure that you clarify what costs in the quote includes.