I am purchasing a flat in Anerley. My lawyer is not on the lender solicitor list. Is it possible for me to appoint my Anerley conveyancing solicitor notwithstanding that they are not on the bank panel of approved conveyancing solicitors?
One will need to have a conveyancing practitioner to complete the legal work required if you need a loan to buy your home. They will conduct all the necessary due diligence on the property, ensuring that you’re properly registered as the owner and ensure that all the required mortgage paperwork is in order. You may select a Anerley lawyer of your choice. However, if the property lawyer selected is not on the lender approved list additional fees will be incurred as separate legal representation will be need by the bank. Conveyancing panel applications may be submitted, so provided your conveyancer has not previously applied for membership they should take the opportunity to apply.
We wanted to use a property lawyer in Anerley for our house purchase. Our broker informed us that our mortgage company Alliance & Leicester won't deal with them. Why is this not regarded as unfair competition?
Mortgage Companies ordinarily restrict either the category or the amount of conveyancing solicitors on their approved list of lawyers. Typical examples of such criteria being that a law practice must not be a sole practitioner. In addition to restricting the profile of firm, a few banks have reduced the number of firms they permit to act for them. Be aware that Alliance & Leicester have no responsibility for the quality of advice provided by any member of Alliance & Leicester Conveyancer Panel. Mortgage fraud was a key driver in the rationalisation of solicitor panels since 2008 even though there are differing opinions regarding the level of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that plenty of law firms, including some in or near Anerley only carry out a couple conveyances a year.
I am intent on selling our property in Anerley and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. Any high street Anerley lawyer would know that there is no such problem. For the life of me I don't know why the buyers are using a web based conveyancing practice as opposed to a conveyancing solicitor in Anerley. We have lived in Anerley for three years we know that this is a non issue. Should we get in touch with our local Authority to seek clarification that there is no issue.
It sounds as though you may have a conveyancing firm currently acting for you. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
Despite weeks of looking the Title Certificate and documents to our property can not be found. The solicitors who did the conveyancing in Anerley 5 years ago have long since closed. Will I be able to sell the house?
Gone are the days when you need to hold title official documentation to evidence that you own the land or premises, given that the Land Registry hold details of all registered land or property electronically.
What can I expect to pay for conveyancing in Anerley?
Almost all Anerley conveyancing practices will agree to a standard fee. If extra work become due during the transaction your conveyancer is duty bound to inform you in writing of such further charges for any work immediately it becomes foreseeable. Some practices will agree not to render an invoice if the deal aborts, others will levy an bill for a percentage of the agreed charges, calculated based on the point at which the matter falls through.
It is advisable to seek a few conveyancers to provide you an estimate.