My fiance and I are hoping to buy a home in Barton Seagrave and have instructed a Barton Seagrave conveyancing practice. Within the last couple of days our conveyancer has sent a preliminary report and documents to look through with the expectation that exchange is imminent. Nottingham Building Society have this morning contacted us to inform me that there is now an issue as our Barton Seagrave solicitor is not on their conveyancing panel. Please explain?
Where you are buying a property needing a mortgage it is usual for the purchasers' solicitors to also act for the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyer should contact your lender and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You are not legally obliged to appoint a law firm on the lender’s conveyancing panel and you may continue to use your own Barton Seagrave solicitors, in which case it will likely add costs, and it will likely delay the transaction as you are adding another lawyer into the mix.
It is is a decade since I bought my house in Barton Seagrave. Conveyancing solicitors have now been retained on the sale but I can't find my deeds. Will this jeopardise the sale?
You need not be too concerned. Firstly there is a possibility that the deeds will be retained by the lender or they may be in the possession of the conveyancers who handled your purchase. Secondly the chances are that the property will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers obtaining up to date copy of the land registers. Most conveyancing in Barton Seagrave involves registered property but in the unlikely event that your property is unregistered it adds to the complexity but is not insurmountable.
A colleague advised me that if I am buying in Barton Seagrave I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually quoted for as part of the standard Barton Seagrave conveyancing searches. It is a large document of more than thirty pages, listing and detailing important information about Barton Seagrave around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Barton Seagrave Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Barton Seagrave Education with plans and statistics, Local Amenities and other useful information concerning Barton Seagrave.
I am buying a new build apartment in Barton Seagrave. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Barton Seagrave
Please supply a car parking plan. Please confirm the Lease plans are architect prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
My uncle has suggested that I appoint his lawyers for conveyancing in Barton Seagrave. Should I use them?
Much as we are happy to recommend a Barton Seagrave conveyancing lawyer the best way to find a conveyancing solicitor is to seek recommendations from friends or relatives who have actually experience in using the conveyancer that you are considering.