Our solicitor has discovered a a problem with the lease for the property we are buying in West Ealing. The seller’s lawyers have put forward defective title insurance as a solution. We are happy with insurance and will cover the costs. Our conveyancer says that he must ensure that the mortgage company is willing to move forward with this solution. Are we the client or is the bank?
Even though you have a mortgage offer from the lender does not mean to say that the property will meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook specifications. You and the bank are the client. The appropriate lender provisions have to be complied with.
We are purchasing a property and need a conveyancing solicitor in West Ealing who is on the HSBC approved panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for HSBC . We don't recommend any particular firms conducting conveyancing in West Ealing.
I am purchasing a flat and require a conveyancing solicitor in West Ealing who is on the Leeds Building Society conveyancing. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Leeds Building Society in certain locations such as West Ealing. We dont recommend any particular firm.
Have just purchased a probate house at auction in West Ealing. Conveyancing is required. What are my next steps?
Having exchanged you now have to instruct a conveyancing practitioner as a matter of priority as you are facing a fast approaching a drop dead date to complete the property. All auction property will ordinarily have a bespoke legal pack. This should include evidence of title and search results. Where you are dealing with leasehold premises the conveyancing pack should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to a leasehold property. You should hand this to the lawyer instructed by you as soon as possible. You also need to ensure that you have funds in order to complete the transaction on the set completion date.
I am due to exchange contracts on my house. I had a double glazing fitted in December 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Barclays are being a right pain. The West Ealing solicitor who is on the Barclays conveyancing panel is recommending indemnity insurance as a solution but Barclays are requiring a building regulation certificate. Why do Barclays have a conveyancing panel if they don't accept advice from them?
It is probably the case that Barclays have referred the matter to their valuer. The reason why Barclays may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
About to purchase maisonette in West Ealing. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Leeds Building Society 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 West Ealing lawyer is on the Leeds Building Society conveyancing panel.
Due to the advice of my in-laws I had a survey completed on a property in West Ealing prior to instructing conveyancers. I have been told that there is a flying freehold overhang to the property. The surveyor advised that some mortgage companies will refuse to issue a mortgage on such a house.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. Should you wish to call us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in West Ealing. Conveyancing will be smoother if you use a solicitor in West Ealing especially if they are familiar with such properties in West Ealing.