My lawyer has discovered a a problem with the lease for the apartment we are purchasing in Atherton. The seller’s lawyers have suggested defective title insurance as a workaround. We are happy with insurance and will cover the costs. Our lawyer has advised that he must check that the bank is content with this solution. Who is the client here, us or the bank?
Notwithstanding that you have a mortgage offer from the mortgage company does not mean to say that the property will meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the lender are the client. These conveyancing instructions must be adhered to.
I am purchasing a victorian detached house in Atherton. The intention is to carry out a loft conversion at the property.Will legal due diligence on the property include checks to ascertain if these works are prohibited?
Your property lawyer will review the deeds as conveyancing in Atherton will occasionally identify restrictions in the title documents which restrict categories of changes or necessitated the consent of another owner. Certain works need local authority planning consent and approval under the building regulations. Certain areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor ahead of any purchase.
is it true that all Atherton conveyancing solicitors on the Santander conveyancing panel are governed by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Santander conveyancing panel they would need to be regulated by the SRA. Many banks do list licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers.
I am selling my apartment. I had a double glazing fitted in October 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Clydesdale are being a right pain. The Atherton solicitor who is on the Clydesdale conveyancing panel is saying indemnity insurance will be fine but Clydesdale are requiring a building regulation certificate. Why do Clydesdale have a conveyancing panel if they don't accept advice from them?
It is probably the case that Clydesdale have referred the matter to their valuer. The reason why Clydesdale may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I'm remortgaging my primary house to a buy to let loan with Alliance & Leicester and intend to use the remaining equity as a down payment on further house. The neighborhood we are looking at is Atherton. Will your lawyers be able to act for both sets of lenders and tie in the transactions?
Do use our search tool on this page to ensure that the lawyers are on the relevant lender panels. Assuming that they are your lawyer will be able to tie up the two deals but you should have a chat with you lawyer and specify your desired outcome and requirements.
My partner has encouraged me to use his lawyers for conveyancing in Atherton. Should I use them?
No doubt it’s preferable to select a conveyancing solicitor is to get recommendations from friends or family who have actually previously instructed the firm you're are thinking of instructing.
How much experience do your Atherton conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Atherton conveyancing lawyers help thousands of people move home every year and helped lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Atherton conveyancers have worked on recent similar matters.