Our solicitor has uncovered a a problem with the lease for the property we are buying in Adlington. The seller’s lawyers have put forward title insurance as a solution. We are happy with insurance and will pay for it. Our lawyer says that he must be satisfied that the lender is happy with this solution. Are we the client or is the lender?
Even though you have a mortgage offer from the mortgage company does not mean to say that the property will meet their specifications 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 conditions must be adhered to.
A relative pointed out to me me that in purchasing a property in Adlington there may be a number of restrictions as to what one can do in terms of external alterations to the property. Is this right?
There are a number of properties in Adlington which have some sort of restriction or requirement of consent to external alterations. Part of the conveyancing in Adlington should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Can I be sure that the Adlington conveyancing solicitor on the Skipton panel is any good?
When it comes to conveyancing in Adlington seeking recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the solicitor carrying out your transaction.
I recently had an offer agreed on an apartment in Adlington. My mortgage broker suggested a property lawyer. I paid an advanced payment of £150. Soon after, the solicitor called me to say that they were not on the Kent Reliance 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 Kent Reliance 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.
Should my lawyer be making enquiries about flooding during the conveyancing in Adlington.
The risk of flooding is if increasing concern for conveyancers specialising in conveyancing in Adlington. There are those who acquire a house in Adlington, fully expectant that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, if a house is at risk of flooding, it may be difficult to get a mortgage, satisfactory insurance cover, or dispose of the premises. Steps can be carried out as part of the conveyancing process to forewarn the purchaser.
Solicitors are not qualified to offer advice on flood risk, however there are a number of checks that can be undertaken by the purchaser or by their lawyers which will give them a better appreciation of the risks in Adlington. The conventional set of information supplied to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a usual question of the owner to find out if the property has historically flooded. If the premises has been flooded in past which is not revealed by the owner, then a buyer could bring a compensation claim resulting from an incorrect answer. The buyer’s conveyancers will also commission an environmental search. This should indicate if there is a recorded flood risk. If so, more detailed inquiries will need to be made.
Is there anything unique about your site and other web based conveyancing solicitors for conveyancing in Adlington?
At this site receive an accurate quote from a Solicitor or Licensed Conveyancer that has a full understanding of the nuances for your conveyancing in Adlington. As opposed to estate agents and many comparison sites we do not have kick-back deals with solicitors. Many agents and online brokers 'recommend' the firm that pays the most commission, as opposed to the best value conveyancing in Adlington
My step-father has encouraged me to use his lawyers for conveyancing in Adlington. Should I find my own property lawyer?
Much as we are happy to recommend a Adlington conveyancing lawyer the ideal way to find a conveyancing lawyer is to get recommendations from friends or family who have used the firm that you are contemplating using.