I was advised today by my broker that my Lozells property lawyer is not on the mortgage company Conveyancing panel. What can I do to be certain whether this is indeed the case?
Your first step should be to call your Lozells conveyancer. You lawyer should notify you of the situation. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your lender.
We note that you have a search directory identifying solicitors on the Co-operative conveyancing panel. Do firms pay you a commission if I appoint them for our conveyancing in Lozells?
We are a listing service only for law firms wishing to communicate if they are on the Co-operative conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Lozells.
five months have elapsed since my purchase conveyancing in Lozells concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a quick, chain free conveyancing. Lozells is where the house is located. Can you shed any light on this issue?
Flying freeholds in Lozells are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Lozells you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Lozells may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Given that I will soon spend hundreds of thousands of pounds on a house in Lozells I would like to talk to a conveyancer about myconveyancing ahead of instructing the firm. Can this be arranged?
This is something that we recommend - it is our preference to talk to you we do not take any clients on without you first talking to the solicitor who will be doing your property ownership legalities in Lozells.There is no ‘factory style conveyancing’ - each client is unique individual, not a file reference. The practices that we put you in touch with believe that the figure you are quoted for your conveyancing in Lozells should be the amount on the final invoice that you are charged.