My partner and I are acquiring an apartment in Canford Cliffs. My Conveyancer has never been on on the bank approved panel. Can I still retain my Canford Cliffs conveyancing solicitor notwithstanding that they are not on the mortgage company list of approved lawyers?
You will need to instruct a property lawyer to complete the legal work required when you need a mortgage to purchase your home. The conveyancing practitioner will carry out all the necessary investigations on the property, make sure that you’re registered as proprietor and ensure that all the necessary mortgage paperwork is dealt with. One can appoint a Canford Cliffs property lawyer of your choice. Nevertheless, where the property lawyer appointed is not a member of the mortgage company conveyancing panel further costs will arise as separate legal representation will be need by the mortgage company. Bank panel applications may be submitted, so provided your conveyancer has not in the past sought membership they should take the opportunity to apply.
It is a dozen years since I bought my property in Canford Cliffs. Conveyancing lawyers have recently been retained on the sale but I can't locate the title deeds. Will this jeopardise the sale?
You need not be too concerned. Firstly there is a chance that the deeds will be retained by your mortgage company or they may be in the possession of the solicitor who oversaw the purchase. Secondly the chances are that the title will be registered at the land registry and you will be able to establish that you own the property by your conveyancing lawyers obtaining current official copies of the land registers. Most conveyancing in Canford Cliffs relates to registered property but in the unlikely event that your home is not registered it adds to the complexity but is resolvable.
We had chosen solicitors locally in Canford Cliffs on the TSB solicitor panel. They have just invoiced me a supplemental amount for the legal aspects of the TSB mortgage. Is this a supplemental conveyancing fee specified by TSB?
Provided it is contained in their Terms of Engagement or Quote then yes your conveyancing practitioner can levy a fee for this. This charge is not set by TSB but by your Canford Cliffs lawyer. Plenty of firms on the TSB panel will charge ’dealing with mortgage’ fee but many firms include it on their overall fee.
After much negotiation I have agreed a price on an apartment in Canford Cliffs. My financial adviser suggested a lawyer. I paid an on account payment of £150. Not long after, the property lawyer contacted me sheepishly admitting that they were not on the Co-operative conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Co-operative panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
About to purchase maisonette in Canford Cliffs. 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 Canford Cliffs lawyer is on the Leeds Building Society conveyancing panel.
I've recently found out that there is a flying freehold element on a house I have offered on a fortnight ago in what should have been a quick, no chain conveyancing. Canford Cliffs is the location of the property. Can you offer any advice?
Flying freeholds in Canford Cliffs are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Canford Cliffs you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Canford Cliffs may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
At long last our conveyancing in Canford Cliffs is set to complete next Friday, yet the person I am buying off has asked to move out the next day at at 2pm. Should I accept this?
It is not possible to complete on a Saturday due to the bank systems are not working.