We are buying a 2 bedroom apartment in Wolviston with a mortgage. We like our Wolviston solicitor, however the bank says she’s not on their "panel". We have to appoint one of the mortgage company panel solicitors or keep our Wolviston solicitor as well as pay for one of their panel lawyers to act for them. We feel that this is inequitable; is there anything we can do?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Wolviston conveyancing solicitor to apply to be on the conveyancing panel.
I have justbecome aware that Action Conveyancing have closed. They conducted my conveyancing in Wolviston for a purchase of a leasehold flat 18 months ago. How can I establish that my home is in my name in the name of the previous owner?
The easiest way to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Wolviston conveyancing specialists.
Over the last few months I have been searching for a flat up to £235,500 and found one close by in Wolviston I like with open areas and transport links in the vicinity, however it only has 49 years unexpired on the lease. I can't really find anything else in Wolviston for this price, so just wondered if I would be making a grave error buying a short lease?
Should you require a mortgage the shortness of the lease will be problematic. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.
What tools are available to identify a Wolviston solicitor on the Barclays conveyancing panel? I have a car and am happy to travel upto 25miles to meet the lawyer.
You can use the tool on this page. Please pick a bank and your location and you will see a number of Wolviston conveyancing lawyers located nearest you. We have detailed some Wolviston conveyancing firms at the bottom of this page and you can ring them to check whether they are on the Barclays panel
How much experience do your Wolviston conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Wolviston conveyancing lawyers help thousands of people move home every year and helped plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Wolviston conveyancers have worked on recent similar cases.