Me and my partner are purchasing a 3 bedroom apartment in North Cornelly with a mortgage. We like our North Cornelly conveyancer, however the bank advise she’s not on their "panel". We have to appoint one of the lender panel firms or continue with our North Cornelly lawyer and pay for one of their panel firms to act for them. We regard this is inequitable; is there anything we can do?
Unfortunately,no. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose 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. Another option that might be available is for your North Cornelly conveyancing solicitor to apply to be on the conveyancing panel.
Have purchased a a terraced house in North Cornelly , What is the estimated time for the Land Registry to record my title? My North Cornelly conveyancing solicitor has been painfully slow, so I want to check that my name is registered.
There is nothing unique about conveyancing in North Cornelly registration formalities. Rather than based on location, timeframes can differ subject to who lodges the application, whether there are errors and whether the Land registry have to notify any interested persons or bodies. As of today approximately 80% of such applications are completed in less than three weeks but some can be subject to extensive hold-ups. Historically registration takes place after the purchaser is living at the premises thus 'speed' is not always top priority but if there is a degree of urgency associated with the registration then you or your solicitor could contact the land registry and explain the circumstances.
Hoping to buy a property located in North Cornelly and I am already nervous. I couldn't find anything specific about North Cornelly. Conveyancing will be needed in due course but do you know about the North Cornelly area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at North Cornelly. In the meantime here are some basic statistics that we found
As co-executor for the estate of my grandfather I am disposing of a house in Newport but live in North Cornelly. My lawyer (who is 300 miles awayhas requested that I sign a stat dec before the transaction finalising. Can you recommend a conveyancing lawyer in North Cornelly who can attest and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will be fine regardless of whether they are North Cornelly based
Why do I have to send my conveyancer with a list of items of ID ahead of starting selling or buying a property in North Cornelly?
North Cornelly solicitors are duty bound by the Law Society, Solicitors Regulation Authority, HM Land Registry and current AML Regulations to record that the have verified the identity of their clients. It is also sometimes a condition of your lender if you are taking a mortgage. In addition they have to complete various forms, particularly those relating to stamp duty land tax and need to have details such as your full names, NI number and date of birth.