My financial adviser has requested my Petersfield lawyer’ panel member for the Nationwide conveyancing panel. Can you suggest how I find this out. I have called my local Petersfield branch but they have not responded to me.
You are best placed to get this information from your Petersfield solicitor . They should have a central record lender panel numbers.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Petersfield?
There are many registered licenced Conveyancers in Petersfield and Solicitor practices in Petersfield offering conveyancing It is important to make clear that both are regulated professionals specialising in the legal work in the home buying process. The two can conduct associated property related work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
This question may be naive but I am wet behind the ears as FTB of a ground floor flat in Petersfield. Do I pick up the keys to the house on the completion date from my lawyer? If this is the case, I will find a local conveyancing solicitor in Petersfield?
On the day of completion you will not be required to attend the conveyancers office in Petersfield. Your solicitors will transfer the completion advance to the vendor’s lawyers, and shortly after the monies have arrived, you will be called to receive the keys from the property Agents and start moving into the property. Usually this occurs early afternoon.
When it comes to lenders such as Co-operative, do Petersfield lawyers incur an annual charge to be on the conveyancing panel?
We are unaware of any mortgage company fees to register on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel application.
I have been on the look out for a ground for flat up to £195,000 and found one close by in Petersfield I like with amenity areas and station in the vicinity, however it only has 51 years unexpired on the lease. I can't really find anything else in Petersfield in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you require a mortgage that many years will likely be problematic. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of twenty four months you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
Am I right to be wary about brokers that I am dealing with are encouraging me to use an online conveyancing firm rather than a local Petersfield conveyancing firm?
As with lots of professional services, often recommendations from connections can be most helpful. But there are lots of players in a conveyancing deal; estate agents, mortgage brokers and banks may suggest solicitors to instruct. On occasion the conveyancers might be known to one of the organisations as being good in their field, but occasionally there is an underlying commercial relationship behind the endorsement. You are free to select your preferred lawyer. However, bear in mind that many lenders have an approved list of solicitors you are obliged to use for the lender related work in your home move.
What are my options where I am not happy with the solicitor who did our conveyancing in Petersfield?
We live in an imperfect world, and unfortunately every so often things do go wrong. However there is recourse where you were dissatisfied with your conveyancing in Petersfield. This varies from trying to resolve matters directly with them, through to reporting a property lawyer to their governing body. If things still aren’t sorted out you may consider getting in touch with the Legal Ombudsman.