Much to our surprise we have been told by our mortgage adviser that my Truro property lawyer is not on the bank Solicitor panel. How can I be sure whether this is correct?
The first thing you need to do is to call your Truro conveyancer. It is reasonable to expect your lawyer to notify you what has happened. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
My conveyancer has discovered a defect with the lease for the apartment we are buying in Truro. The seller’s lawyers have put forward defective title insurance as a workaround. We are happy with insurance and will cover the costs. Our property lawyer says that he must check that the bank is willing to move forward with this solution. Who is the client here, us or the bank?
Regardless of the fact that you have a mortgage offer from the bank does not mean to say that the property will meet their conditions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook provisions. You and the lender are the client. These conveyancing instructions must be adhered to.
My relative advised me that if I am purchasing in Truro I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes quoted for as part of the standard Truro conveyancing searches. It is not a small document of more than thirty pages, listing and detailing important information about Truro around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information about Truro.
How do I identify a Truro solicitor on the Santander conveyancing panel? I drive a motor bike and am happy to travel upto 20miles to meet the conveyancer.
You can use the search on this website. Please choose the lender and your location and you will see a number of Truro conveyancing lawyers locally. We have detailed some Truro conveyancing firms towards the end of this page and you can ring them to verify if they are on the Santander approved list
I need to instruct a conveyancing solicitor for my conveyancing in Truro. I happened to chance upon a web site which looks to be the perfect offering If there is a chance to get all this stuff done via phone that would be ideal. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?