we are a couple who are hoping to buy a newly converted apartment in Lancing with a loan from Halifax.We would like to retain our Lancing conveyancing practitioner but Halifax informed us he's not on their approved list of firms. We have to appoint a Halifax panel firm or retain our local solicitor and fork out for one of their panel ones to act for them. We feel as though this is unjust; is there anything we can do?
No, not really. The home loan issued to you is subject to its various provisions, a common one being that conveyancers will be on the Halifax conveyancing panel. Until recently, most banks had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Halifax
I require expedited conveyancing in Lancing as I am under a deadline to exchange contracts inside one month. Luckily I do not require a mortgage. Is it possible to escape the need for conveyancing searches to save fees and time?
If.Given you are not obtaining a mortgage you are at liberty not to do searches although no conveyancer would advise that you don't. Drawing on years of experience of conveyancing in Lancing the following are examples of issues that can crop up and therefore affect market value: Refused Planning Applications, Overdue Fees, Outstanding Grants, Road Schemes,...
I got the keys to my house on 9 April and my personal details is not yet on the land registry website. Should I be concerned? My conveyancing solicitor in Lancing expressed confidence that it will be recorded inside ten days. Are transfers in Lancing uniquely lengthy to register?
As far as conveyancing in Lancing registration is no faster or slower than the rest of the country. As opposed to being determined by geographic area, timescales can adjust depending on who lodges the application, whether there are errors and if the Land registry communicate with any other parties. Currently roughly 80% of such applications are fully dealt with in less than three weeks but some can be subject to protracted delays. Registration takes place after the buyer is living at the property thus 'speed' is not typically an essential issue but where there is a degree of urgency associated with the registration then you or your lawyers can communicate with the Registry to express the reasoning for an expedited registration.
I've recently found out that there is a flying freehold element on a house I put an offer in last month in what should have been a quick, chain free conveyancing. Lancing is the location of the property. Is there any guidance you can give?
Flying freeholds in Lancing are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Lancing you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Lancing may determine 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.
I am using a search engine for the term on line conveyancing in Lancing it shows results of numerous conveyancersin the area. With so much choice what is the best way to find the suitable property lawyer for the sale of my house?
The preferential method of finding the right conveyancer is via trusted recommendation, so enquire of colleagues and those you trust who have bought a property in Lancing or the local estate agent or mortgage broker. Charges for conveyancing in Lancing vary, so it's a good idea to secure at least three quotes from different companies. Dont forget to clarify what costs in the quote includes.