Me and my wife are acquiring a ground floor flat in Bamburgh. My Conveyancer has never been on on the bank solicitor list. Is it possible for me to appoint my Bamburgh conveyancing solicitor even though they are excluded from the lender panel?
Your options include
- Proceed with your existing Bamburgh solicitor but your lender will need to retain a solicitor on their approved list. This will result in additional fees together with probable interruption.
- Get a fresh lawyer to act in the purchase, obviously checking they are on the lender conveyancing panel.
- Appeal to your property lawyer to apply to join the bank panel
I am looking for a ground for flat up to £235,500 and identified one round the corner in Bamburgh I like with a park and transport links in the vicinity, however it only has 52 remaining years left on the lease. There is not much else in Bamburgh for this price, so just wondered if I would be making a mistake buying a short lease?
If you need a mortgage the remaining unexpired lease term will be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of 2 years you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.
I am a sole trader hoping to take over a lease of a shop on a shopping parade. Can you recommend conveyancers offering no-move-no fees for commercial conveyancing in Bamburgh for less than £2000?
We can recommend firms who host a wealth of experience of commercial conveyancing in Bamburgh, including the disposal and acquisition of businesses as well as simply property. If you are hoping to buy or sell a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right solicitor. Regarding the costs this will depend on the structure and terms of the proposed transaction. Let us have your contact information or call us so that we can supply you with a detailed commercial conveyancing calculation.
I am thinking of appointing a conveyancing lawyer in Bamburgh for my house move. Is it possible to review a solicitor's complaints history with the profession’s regulator?
Members of the public can find documented Solicitor Regulator Association (SRA) decisions resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find information about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, call +44 (0)121 329 6800. The SRA may recorded call for training purposes.
My husband and I have agreed a price on a Bamburgh apartment we inherited 8 years ago in 2009. I have over a decades worth of conveyancing know-how and, although retired, wish to do the legal work. The purchaser's property lawyer has informed me that their building society will not allow you to do your own conveyancing insisting the funds to be passed via a solicitor's bank account.
Lending requirements to lawyers from all CML members state that If the vendor is not legally represented the buyer’s lawyers should check whether the bank needs to be told so that a decision can be made as to whether they are willing to progress.