I plan on purchasing a maisonette in East Sussex. My Solicitor is not on the bank approved list. Can I still appoint my East Sussex conveyancing solicitor notwithstanding that they are not on the mortgage company panel of approved conveyancing solicitors?
You have a number of choices open to you here
- Proceed with your existing East Sussex property lawyer but your lender will no doubt instruct a solicitor from their approved panel. The net result is additional cost together with probable frustration.
- Choose a fresh lawyer to act in the purchase, making sure they are on the mortgage company conveyancing panel.
- Convince your property lawyer to do everything possible to get listed on the lender’s conveyancing panel
Is it necessary during the course of the conveyancing process to have a meeting at the offices of the solicitor to sign the legal charge? If so, I will choose one who does conveyancing in East Sussex so that I can attend their offices if required.
As opposed to 15 years ago, the vast majority lenders no longer need their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to hand over ID documents and there are still manifest benefits to instructing a local practitioner, in your situation a conveyancing solicitor in East Sussex.
Due to the encouragement of my in-laws I had a survey completed on a house in East Sussex prior to appointing lawyers. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some banks tend refuse to grant a loan on this type of property.
It depends who your proposed lender is. Lloyds has different requirements for example to Nationwide. If you e-mail us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in East Sussex. Conveyancing may be slightly more expensive based on your lender's requirements.
How can the Landlord & Tenant Act 1954 affect my business premises in East Sussex and how can you help?
The 1954 Act affords a safeguard to commercial tenants, granting the dueness to make a request to court for a new tenancy and remain in occupation at the end of the lease term. There are limited grounds that a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. East Sussex is one of the hundreds of areas of the UK in which our lawyers have offices
Our conveyancing solicitor in East Sussex is asking me for identification documents asserting that this forms part of his legal duty as a solicitor on the lender Solicitor panel. Is this right?
Anti-terror and anti-money-laundering rules require East Sussex conveyancing solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lawyer is right that the lender also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with the lender's UK Finance Lenders’ Handbook requirements