Our lawyer has uncovered a a legal deficiency with the lease for the flat we are buying in Northern Moor. The other side have suggested title insurance as a solution. We are content with insurance and will pay for it. Our solicitor has advised that he must be satisfied that the lender is happy with this solution. Who is the client here, us or the bank?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the lender are the client. Your property lawyer must comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender 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.
My wife and I have recently appointed a conveyancing solicitor in Northern Moor. I need to find out if they are on the Nationwide Building Society conveyancing panel. Could you advise?
You should contact the conveyancer and enquire if they can act for the lender. Otherwise you can get in touch with Nationwide Building Society who may be able to help.
I used Wolstenholmes a few years past for my conveyancing in Northern Moor. Now, I need my files however the law firm is no longer operating. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Northern Moor of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
My husband and I are first time buyers - agreed a price, yet the estate agent told us that the vendor will only move forward if we use the agent's chosen lawyers as they need an ‘expedited deal’. We would rather use a family conveyancer used to conveyancing in Northern Moor
We suspect that the seller is not behind this requirement. Should the seller want ‘a quick sale', turning down a genuine buyer is likely to cause more damage than good. Try to communicate with the vendors directly and explain that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you have nothing to sell (d) you intend to proceed fast (e)but you will continue to instruct your own,trusted Northern Moor conveyancing lawyers - not the ones that will provide their estate agent a referral fee or meet his conveyancing targets demanded by corporate headquarters.
What range of conveyancing services do Northern Moor conveyancing firms undertake?
Generally most Northern Moor conveyancing companies will supply a broad array of assistance to domestic and agricultural land owners, vendors, first time buyers, landlords and leaseholders assistingwith some of the following:
Home sale conveyancing in Northern Moor or across the country
Domestic purchase conveyancing in Northern Moor and also around the country
Buying and selling of garden land All types of leasehold property including, apartments and maisonettes Staircasing and Equity Loan Redemption Declarations of Trust for family and other joint ownership