My Conveyancer in Didsbury is not on the Bank of Scotland Approved Panel. Is it possible for me to retain my family solicitor notwithstanding that they are not on the Bank of Scotland panel?
The limited options available to you here include:
- Carry on with your existing Didsbury lawyers but Bank of Scotland will need to retain a solicitor on their panel. This will result in additional total legal charges as well as cause frustration.
- Get an alternative lawyer to to deal with the purchase, obviously checking they are on the Bank of Scotland panel
I have been on the look out for a ground for flat up to £195,000 and found one round the corner in Didsbury I like with amenity areas and transport links in the vicinity, the downside is that it only has 51 remaining years left on the lease. There is not much else in Didsbury in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
If you need a home loan the shortness of the lease will be an issue. Discount the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.
Should I be concerned about estate agents that I am dealing with are recommending a nationwide conveyancing firm as opposed to a local Didsbury conveyancing company?
As is the case with lots of professional services, often recommendations from family and friends can be extremely useful or valuable. But there are many players in a conveyancing deal; estate agents, financial adviser and banks might all suggest lawyers to retain. Sometimes these conveyancers might be known to one of the organisations as experts in their field, but occasionally there is an underlying commercial relationship behind the endorsement. You are at liberty to select your own conveyancer. You need to be aware that the majority of lenders operate an approved list of conveyancers you must use for the lender related work in your transaction.
I need to appoint a conveyancing solicitor for sale conveyancing in Didsbury. I have land on a site which seems to have the perfect answer If it is possible to get all formalities completed via phone that would be ideal. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
To what extent are Didsbury conveyancing solicitors duty bound by the Law Society to publish clear conveyancing costs?
Contained within the Solicitors Code of Conduct are specific rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their charges to clients.The Law Society have a practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not to be regarded as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, nevertheless, constitute the Law Society’s view of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Didsbury or or elsewhere in the country.