I am nearing exchange of contracts for my apartment in Alderley Edge and the EA has just telephoned to advise that the purchasers are changing their law firm. The reason given is that the lender will only deal with property lawyers on their approved list. On what basis would a major lender only deal with certain lawyers rather the firm that they want to appoint for their conveyancing in Alderley Edge ?
Lenders have always had panels of law firms that can represent them, but in the past few years big names such as Santander, have reviewed and reduced their conveyancing panel– in some cases removing conveyancing firms who have acted for them for many years.
Lenders justify this action to a rise in fraud as the reason for the reduction – criteria have been narrowed as a smaller panel is easier to oversee. Banks tend not to reveal how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society says it is hearing daily from firms that have been removed from panels. Plenty of firms are unaware that they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. The purchasers are unlikely to have any impact on this.
We are purchasing a house and need a conveyancing solicitor in Alderley Edge who is on the UBS conveyancing panel. Can you recommend a local 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 UBS . We don't recommend any particular firms conducting conveyancing in Alderley Edge.
What can a local search tell me regarding the house we're purchasing in Alderley Edge?
Alderley Edge conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search organisations for instance Searchflow The local search is essential in every Alderley Edge conveyancing purchase; that is if you don’t want any unpleasant once you have moved into your property. The search should reveal data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject sections.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a quick, no chain conveyancing. Alderley Edge is where the house is located. What do you suggest?
Flying freeholds in Alderley Edge are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Alderley Edge you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Alderley Edge may decide 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.
Is there anything unique about your site and alternative online quote calculators for conveyancing in Alderley Edge?
At this site receive an accurate costs illustration from a Solicitor or Licensed Conveyancer that appreciates the issues for your conveyancing in Alderley Edge. Unlike many estate agents and many comparison sites we are not in the business of charging firms a commission if you instruct them for your home move in Alderley Edge