Our lawyer has uncovered a a problem with the lease for the flat we are buying in Leeswood. The seller’s lawyers have offered title insurance as a workaround. We are happy with insurance and will cover the costs. Our solicitor says that he must check that the lender is willing to move forward with this solution. Are we the client or is the bank?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the bank are the client. Your lawyer must comply with the UK Finance Lenders’ Handbook specifications. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the mortgage company can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your solicitor will have no choice but to discontinue acting for you.
Do I have to visit the offices of the solicitor to execute the mortgage deed? If so, I will appoint a lawyer who conducts conveyancing in Leeswood so that I can pop in to their offices when needed.
Nowadays conveyancing panel lawyers for lenders carry out the vast majority of work through the post, e-mail or over phone calls. This means that they can undertake the conveyancing transaction regardless of where you live in the country. However you can check if you have the option of going to the offices of your conveyancing lawyer if just in case this is required.
Are there restrictive covenants that are commonly identified during conveyancing in Leeswood?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Leeswood. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Given that I am about to part with 450k on a house in Leeswood I would like to talk to a conveyancer regarding thehouse move in advance of giving the go ahead to the firm. Is this something that you can arrange?
This is something that we recommend - it is our preference to talk to you we do not take any clients on without you first talking to the solicitor due to be doing your conveyancing in Leeswood.There is no ‘factory style conveyancing’ - each client is unique person, not a file number. The law firms that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Leeswood should be the figure that you end up paying.
I previously informed by my lender that their approved solicitors work on no completion no fee basis for conveyancing in Leeswood. I had a purchase abort yet the lawyers want search fees! They are stating that the fees are nothing to do with their fees!
Leeswood conveyancing search charges are separate expenses not solicitors fees as these are payable to independent parties.