I plan on acquiring an apartment in Henley In Arden. My lawyer has never been on on the lender conveyancing list. Can I still appoint my Henley In Arden conveyancing solicitor even though they are not on the bank list of approved lawyers?
Various options include
- Proceed with your chosen Henley In Arden solicitor but your mortgage company will no doubt retain a property lawyer from their conveyancing panel. The net result is additional cost and potential delay.
- Get a fresh lawyer to conduct the conveyancing, ensuring that they are on the bank conveyancing panel.
- Convince your solicitor to do everything within their powers to get listed on the mortgage company conveyancing panel
The Henley In Arden conveyancing lawyers that I appointed last week on my house acquisition in Henley In Arden have suddenly closed. I only went with them because I needed a solicitor on the Leeds Building Society conveyancing panel and my preferred Henley In Arden lawyer was not. I gave my credit card details for them to take £195 for searches. What should be my next steps?
Assuming that you have an Estate Agent in the equation then inform them straight away so that they advise the vendors that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Leeds Building Society conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to help.
My relative advised me that where I am buying in Henley In Arden I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually included in the estimate for your Henley In Arden conveyancing searches. It is not a small report of more than thirty pages, listing and setting out significant information about Henley In Arden around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Henley In Arden Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information regarding Henley In Arden.
My wife and I purchased a 4 bedroom Victorian property in Henley In Arden. Conveyancing lawyer acted for me and Aldermore. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold under the exact same address. I thought I was buying a freehold how can I check?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Henley In Arden and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the situation with the conveyancing practitioner who conducted the work.
How much experience do your Henley In Arden conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Henley In Arden conveyancing lawyers help thousands of buyers move home every year and assisted plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Henley In Arden conveyancers have worked on recent similar matters.