I am mortgaging my home in Bloxwich, does my lawyer need to be on the Clydesdale Conveyancing panel?
There is nothing to stop you using your solicitor, but Clydesdale will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
I used Action Conveyancing a few years ago for my conveyancing in Bloxwich. I now require my file however the law firm is no longer operating. What do I do?
You should contact 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 Bloxwich of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Over the last few months I have been searching for a flat up to £245,000 and found one round the corner in Bloxwich I like with open areas and transport links nearby, the downside is that it only has 61 years on the lease. I can't really find anything else in Bloxwich for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you require a home loan that many years may be an issue. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of twenty four months you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this.
I'm converting the mortgage on my primary house to a BTL mortgage with TSB and I will use the rest of the raised equity as a deposit on a second house. The location we are interested in is Bloxwich. Will your solicitors be able to act for both sets of lenders and link together the two deals?
Do use our search tool on this page to ensure that the lawyers are approved by both lenders. Assuming that they are your lawyer should be able to simultaneously deal with the two conveyancing matters but you should have a chat with you conveyancer and specify your desired outcome and requirements.
My solicitors in Bloxwich have advised me that no longer have my conveyancing file. To assist with my purchase I took out a mortgage with the bank. Is it case that being on the bank conveyancing panel they need to have retained the file for a prescribed period?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the bank Conveyancing Panel Terms. It might be worth you contacting the lender directly.