I am acquiring a leasehold flat in Lower Earley. My Conveyancer is not on the lender conveyancing panel. Is it possible for me to appoint my Lower Earley conveyancing solicitor even though they are excluded from the bank panel?
Various options include
- Carry on with your preferred Lower Earley conveyancer but your lender will no doubt instruct a lawyer from their approved list. This will result in additional charges together with likely delay.
- Appoint a new property lawyer to act in the purchase, making sure they are on the lender conveyancing panel.
- Convince your lawyer to do everything within their powers to get listed on the mortgage company conveyancing panel
Will lawyers request money on account for my conveyancing in Lower Earley?
Where you are retaining lawyers for conveyancing in Lower Earley your solicitor will ask you to provide them with monies to cover the search fees. This will be the total of the cost of the Local Authority Search. When the down payment is as part of the total price then this should be needed immediately in advance of exchange of contracts. Any further balance that is due will be payable a few days ahead of the day of completion.
I have been referred to a conveyancing solicitor in Lower Earley. I I would like to check if they are accepted on the TSB approved list of lawyers. Can you help?
You should phone your solicitor and ask them whether they are on the lender panel. Alternatively you can call TSB who may be able to help.
Me and my brother own a semi-detached Georgian house in Lower Earley. Conveyancing lawyer acted for me and Clydesdale. I did a free Land Registry search last week and I saw two entries: one for freehold, another for leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?
You should assess the Freehold register you have again and check the Charges Register as there may be 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 Lower Earley 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 mortgage companies. You can also enquire as to the situation with the conveyancing practitioner who conducted the purchase.
I'm refinancing my existing house to a BTL mortgage with Aldermore and I will use the ballance of the raised equity as a deposit on another house. The area we are talking about is Lower Earley. Will your conveyancers be able to act for both sets of mortgage companies and link together the transactions?
Make use of our search tool on this site to ensure that the conveyancers are on the relevant lender panels. Having checked that they are the conveyancer should be able to connect the two conveyancing matters but you should talk with you solicitor and communicate your desired outcome and requirements.