My partner and I are acquiring property in Eastbourne. My lawyer is not listed on the mortgage company approved list. Am I still permitted to use my Eastbourne conveyancing solicitor notwithstanding that they are not on the bank list of approved lawyers?
Your options include
- Proceed with your existing Eastbourne conveyancing practitioner but your mortgage company will need to instruct a property lawyer on their conveyancing panel. This will result in additional fees and potential delay.
- Choose a new solicitor to conduct the conveyancing, ensuring that they are on the bank conveyancing panel.
- Convince your lawyer to apply to join the lender panel
Is there a reason why leasehold purchase conveyancing in Eastbourne costs more?
Eastbourne leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving appropriate notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
I require fast conveyancing in Eastbourne as I am faced with pressure to complete in less than one month. Fortunately I do not need a mortgage. Can I decline from having conveyancing searches to save fees and time?
If.Given you are are a mortgage free purchaser you are at liberty not to have searches carried out although no lawyer would advise that you don't. Drawing on our experience of conveyancing in Eastbourne the following are examples of what can appear and therefore affect future saleability: Enforcement Actions, Overdue Charges, Outstanding Grants, Unadopted Roads,...
I've recently found out that there is a flying freehold element on a house I have offered on a fortnight ago in what was supposed to be a simple, no chain conveyancing. Eastbourne is the location of the property. Can you offer any opinion?
Flying freeholds in Eastbourne are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Eastbourne you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Eastbourne may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Me and my husband have just had an offer agreed on a property and had an appointment on Monday with Leeds Building Society for the mortgage. They advised us that when it comes to choosing a conveyancing practitioner that unless they are on their approved list of conveyancing practitioners then we will incur an extra charge of £250+. This is is due to the fact that they would then have to instruct a property lawyer to act for them as well as the one we appoint for ourselves and we will be on the hook for their costs. I have requested Leeds Building Society to provide me with a list so I can obtain estimates only from their approved conveyancers but was told they dont have such a list to hand over. Is there a list online?
You should ask Leeds Building Society what their criteria for joining their panel is for a solicitor.Thereafter ask the lawyer of your choice whether they meet the criteria and have they acted on mortgages for Leeds Building Society in the past. If the answer to those is yes, then just double check with Leeds Building Society. Another option is to use our search tool and we should be able to find you a property lawyer in Eastbourne on the approved list for Leeds Building Society.