Can the conveyancing solicitors listed on your site handle conveyancing in Shanklin by way of an attended exchange?

We do have a number of conveyancing experts carrying out 24hr exchanges. Please call us to get a fee calculation and details as to dates.

As someone unfamiliar with the Shanklin conveyancing process what is your top tip you can impart for the ownership transfer in Shanklin

Not many law firms or advisers will tell you this but conveyancing in Shanklin or throughout Isle Of Wight is often a confrontational process. In other words, when it comes to conveyancing there is lots of opportunity for confrontation between you and other parties involved in the home moving process. For instance, the seller, estate agent and sometimes the bank. Selecting a lawyer for your conveyancing in Shanklin an important selection as your conveyancer is your adviser, and is the SOLE party in the process whose role it is to protect your legal interests and to protect you.

We are witnessing a definite ongoing adversarial element to conveyancing- someone has to be blamed for the process taking so long. You your first instinct should be to trust your solicitor ahead of the other parties when it comes to the legal assignment of property.

Do I select a Licenced Conveyancer or Solicitor for conveyancing in Shanklin?

There are many registered licenced Conveyancers in Shanklin and Solicitor firms in Shanklin who can assist with your conveyancing It is important to make clear that both are supervised by regulatory bodies with both specialising in the legal aspects of transferring property. Both can conduct associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.

I can not fathom if my mortgage offer requires a lease extension. I have called my Shanklin bank branch on various occasions and was reassured it wasn't a problem and they would lend. My Shanklin conveyancing solicitor - who is on the bank conveyancing panel- called to say that they will not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?

Your conveyancer must follow the Council of Mortgage Lenders’ Handbook Part 2 provisions for your bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

Planning on purchasing a maisonette in Shanklin. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Co-operative conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.

They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Shanklin lawyer is on the Co-operative conveyancing panel.

I have a terraced Edwardian house in Shanklin. Conveyancing solicitor acted for me and Birmingham Midshires. I did a free Land Registry search last week and I saw two entries: one for freehold, another for leasehold under the matching address. I thought I was buying a freehold how can I check?

You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Shanklin and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with your conveyancing practitioner who conducted the purchase.

My father-in-law has urged me to use his conveyancers in Shanklin. Should I choose my own property lawyer?

There are no two ways about it the best way to choose a conveyancing lawyer is to get guidance from friends or relatives who have used the solicitor that you are contemplating using.