Me and my fiance are purchasing a ground floor flat in Sharnbrook. My property lawyer has never been on on the bank approved list. Can I still retain my Sharnbrook conveyancing solicitor even though they are excluded from the bank panel of approved conveyancing solicitors?
Various options include
- Complete the purchase with your chosen Sharnbrook conveyancer but your bank will undoubtedly retain a conveyancer on their approved panel. The net result is additional cost together with likely frustration.
- Get a new conveyancer to act in the purchase, ensuring that they are on the bank conveyancing panel.
- Convince your lawyer to do everything within their powers to join the lender’s conveyancing panel
Is there a reason why leasehold purchase conveyancing in Sharnbrook costs more?
Sharnbrook leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving appropriate notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
Is there a list of Principality panel conveyancers in Sharnbrook on the UK Finance Lenders’ Handbook Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association sites. Very few lending institutions make their panel listings visible online. Where you are seeking to appoint a Sharnbrook conveyancer on the Principality please make the most of our facility.
How can we know in advance if a Sharnbrook conveyancing solicitor on the Barclays panel is any good?
When it comes to conveyancing in Sharnbrook obtaining recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advise that you speak with the lawyer handling your transaction.
I am expecting a AIP from UBS this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do UBS recommend any Sharnbrook solicitors on the UBS conveyancing panel, or is it better to go independently?
You will need to appoint Sharnbrook solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
I have a renovated Victorian property in Sharnbrook. Conveyancing lawyer acted for me and HSBC Bank. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold with the exact same property. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Sharnbrook and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the situation with your conveyancing lawyer who conducted the work.
How do I use your search app to select a conveyancing practitioner in Sharnbrook on the approved list for my mortgage?
First pick a bank such as Nationwide Building Society, Barnsley Building Society or TSB then specify your location e.g. Sharnbrook. Conveyancing firms in Sharnbrook and beyond will then be listed.