My solicitor has discovered a defect with the lease for the apartment we are buying in Aldridge. The other side have put forward title insurance as a solution. We are content with insurance and will cover the costs. Our conveyancing practitioner says that he must check that the mortgage company is happy with this solution. Are we the client or is the lender?
The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the mortgage company are the client. Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook conditions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your solicitor will have no choice but to discontinue acting for you.
As a FTB what is the most important piece of guidance you can impart about purchase conveyancing in Aldridge?
You may not hear this from too many lawyers but conveyancing in Aldridge or throughout England and Wales is an adversarial process. Put another way, when it comes to conveyancing there exists an abundance of room for conflict between you and others involved in the transaction. For example, the seller, selling agent and even potentially the bank. Appointing a lawyer for your conveyancing in Aldridge is a critical decision as your conveyancer is your adviser, and is the ONE party in the process whose role it is to act in your best interests and to keep you safe.
On occasion a potential adversary will try and persuade you that you should follow their advice. For instance, the selling agent may claim to be helping by suggesting your lawyer is slow. Or your mortgage broker may advise you to do something that is contrary to your solicitors advice. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
I used Action Conveyancing several years ago for my conveyancing in Aldridge. I now require my papers however the law firm is no longer operating. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Aldridge of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How easy is it to transfer to a new firm as I have to find one who is on the Britannia conveyancing list. I hired a family conveyancing solicitor in Aldridge five minutes from me but he is not accepted by Britannia
We will our best to assist in finding you a conveyancing solicitor in Aldridge on the Britannia panel. Please note that the solicitors that we work with do not pay us a referral fee if you instruct them and are fully regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Aldridge. Using the find a conveyancing solicitor tool on this site, you can compare fees for conveyancing solicitors in Aldridge and beyond.
Online research suggests that Aldridge solicitors are more expensive than licensed conveyancers in Aldridge to use when buying a house. Am I better off using a conveyancer or a solicitor if I am buying for my home move in Aldridge.
When it comes to conveyancing in Aldridge the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.