My flat in Parkstone is up for sale and I have accepted an offer. Will the conveyancing practitioner need to be required to be on the Aldermore conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Aldermore conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently in recent years.
Are there restrictive covenants that are commonly identified as part of conveyancing in Parkstone?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Parkstone. 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…’
Due to the advice of my in-laws I had a survey completed on a house in Parkstone in advance of retaining lawyers. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some lenders will refuse to issue a mortgage on this type of house.
It depends who your proposed lender is. Lloyds has different instructions from Birmingham Midshires. Should you wish to telephone us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Parkstone. Conveyancing will be smoother if you use a solicitor in Parkstone especially if they regularly deal with such properties in Parkstone.
I am 3 weeks into a leasehold purchase having been referred to a firm by the estate agent to do our conveyancing in Parkstone. I am am extremely frustrated with the level of service. Could you you assist me in finding new lawyers?
A conveyancer would have to be really poor in order to consider changing them. Has the loan offer been generated? In the event that it has you will need to advise them of the new contact details and have the loan are issued to the new lawyers. Your solicitor ideally needs to be on the banks panel to avoid supplemental expenses and frustration. So that should be your first question of the new conveyancers. The search tool can help you find a lender approved solicitor for your conveyancing in Parkstone
New build sellers have put forward a solicitor and I've received a quote from them. They are almost two hundred pounds cheaper than my local Parkstone conveyancing practitioner. Should I use them?
Housebuilders frequently have panels of lawyers who are quick and who know the builder's documentation and solicitor. Plenty of developers offer an incentive to use their approved property lawyer for this reason, any increased fees can be avoided and a builder won't recommend a conveyancing factory and run the risk of having the conveyancing stall when they need an exchange inside a month. A counter-argument for not agreeing to use the recommended lawyer is that they may be reluctant to 'push' your interests for fear of upsetting the sellers. If you worry that this may be the situation you should remain with your local Parkstone property lawyer.