We are buying a 3 bedroom apartment in Waddington with a mortgage. We have a Waddington lawyer, however the bank says she’s not on their "panel". It appears that we have little choice but to use one of the lender panel conveyancing practices or continue with our Waddington conveyancer as well as pay for one of their panel ones to represent them. We regard this is unjust; can we not require that the bank use our Waddington property lawyer ?
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 lender’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 Waddington conveyancing solicitor to apply to be on the conveyancing panel.
Completed the sale of my flat in Waddington last June yet the purchaser is SMS messaging every few hours complaining that her lawyer needs to hear from myconveyancer. What should have happened following completion?
Post completion of your disposal your solicitor should send the transfer deeds and all additional paperwork to the purchaser's conveyancer. Where relevant, your conveyancer should also evidence that the home loan has been paid off to the buyers solicitors. There are no post completion requirements unique to conveyancing in Waddington.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Waddington?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Waddington. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I opted to have a survey completed on a house in Waddington prior to instructing lawyers. I have been advised that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies will refuse to give a loan on such a house.
It varies from the lender to lender. HSBC has different requirements from Nationwide. Should you wish to call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Waddington. Conveyancing may be slightly more expensive based on your lender's requirements.
In my capacity as executor for the will of my aunt I am disposing of a property in Cardiff but reside in Waddington. My conveyancer (based 260 kilometers from mehas requested that I sign a statutory declaration before completion. Could you suggest a conveyancing solicitor in Waddington who can witness and place their company stamp on the document?
strictly speaking you should not need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will be fine regardless of whether they are based in Waddington