My partner and I are hoping to acquire a home in Comberton and are in fact using a Comberton conveyancing practice. Within the past 48 hours our conveyancer has forwarded the sale agreement to be signed with a detailed report in anticipation of exchanging contracts shortly. Alliance & Leicester have this morning contacted us to inform me that they have now hit a problem as our Comberton lawyer is not on their conveyancing panel. Please explain?
When purchasing a property with mortgage finance it is normal 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 Quality Scheme. Your property lawyer should contact your bank 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 don't have to instruct a firm on the lender’s conveyancing panel and you may continue to use your own Comberton solicitors, in which case it will likely add costs, and it may delay matters as you have another set of people involved.
How do I find out if the solicitor handling my conveyancing in Comberton is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Godiva Mortgages Ltd thus spending £187.00 plus VAT in further conveyancing bill.
You should make use of the search tool on this web page. Please choose the lender and type ‘Comberton’ or your preferred area and you will discover a number of lawyer located in Comberton or nearest you.
Just bought a semi-detached house in Comberton , how long will it take for the Land Registry to record the transfer to my name? My Comberton conveyancing solicitor works at snail pace, so I want to be sure that my purchase is registered.
As far as conveyancing in Comberton registration is no faster or slower than the rest of the country. As opposed to being determined by geographic area, timeframes can adjust subject to who lodges the application, whether it is in order and whether the Land registry need to notify any interested parties. At present roughly 80% of submission are fully addressed within two weeks but some can be subject to longer delays. Historically registration occurs after the new owner is living at the property therefore post completion formalities is not usually primary concern yet if it is urgent that the the registration takes place urgently then you or your conveyancer must communicate with the Registry to express the reasoning for the application to be prioritised.
I am buying a new build flat in Comberton. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Comberton
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
Is there anything unique about your site and other web based conveyancing solicitors for conveyancing in Comberton?
At this site secure a fixed fee quote via a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Comberton. Unlike many estate agents and brokerage sites we do not operate referral deals with solicitors. Some agents and online brokers 'recommend' solicitors paying the highest kickback, as opposed to the best value conveyancing in Comberton