I am not in a position to travel far from Pendlebury. I would like to know the reason why all Pendlebury conveyancing practitioners aren't automatically on all bank panels?
Even though it may seem unfair for mortgage companies to restrict who can represent them, from the public’s or conveyancer’s point of view, the other side of the coin is that banks are increasingly anxious and regard it vital to protect them against illegal activities. As a result of this concern mortgage companies are limiting their conveyancing panel to a size that they are happy to control.
It is 10 years ago since I acquired my property in Pendlebury. Conveyancing lawyers have recently been instructed on the sale but I am unable to locate the title deeds. Will this jeopardise the sale?
Don’t worry too much. First the deeds may be kept by your lender or they could be archived with the conveyancers who acted in your purchase. Secondly in all probability the title will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors obtaining current official copies of the land registers. The vast majority of conveyancing in Pendlebury involves registered property but in the unlikely event that your property is unregistered it adds to the complexity but is not insurmountable.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Pendlebury?
There are many recorded licenced Conveyancers in Pendlebury and Solicitor partnerships in Pendlebury who can assist with your conveyancing We would stress that both are regulated professionals specialising in the legal aspects of the home buying process. They may both also conduct other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
We expect to receive a DIP from Yorkshire BS this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Yorkshire BS recommend any Pendlebury solicitors on the Yorkshire BS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Pendlebury solicitors independently although you'll need to choose one on the Yorkshire BS conveyancing panel. The solicitor represents both you and Yorkshire BS through the process.
I am currently in the process of buying my council flat in Pendlebury. I have a mortgage agreed with Yorkshire BS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Yorkshire BS, you will need to appoint a solicitor on the Yorkshire BS conveyancing panel.
Due to the encouragement of my in-laws I had a survey completed on a house in Pendlebury before instructing solicitors. I have been advised that there is a flying freehold element to the property. The surveyor advised that some banks tend refuse to grant a loan on this type of property.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Nationwide. Should you wish to call us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Pendlebury. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Pendlebury to see if the conveyancing costs will increase in light of this.
How do I use your search tool to find a conveyancing lawyer in Pendlebury on the panel for my mortgage?
Step one is to pick a bank such as Yorkshire Building Society, Bank of Scotland or Clydesdale then choose your preferred area a common one being Pendlebury. Conveyancing firms in Pendlebury and beyond will then be shown.