Me and my partner are purchasing a flat in Sandown. My Conveyancer is not on the bank approved panel. Is it possible for me to appoint my Sandown conveyancing solicitor even though they are excluded from the bank panel of approved conveyancing solicitors?
Your options include
- Proceed with your existing Sandown property lawyer but your lender will need to appoint a property lawyer from their approved list. The net result is additional fees and likely frustration.
- Appoint a new lawyer to act in the purchase, obviously checking they are on the bank conveyancing panel.
- Appeal to your solicitor to seek to join the lender panel
We are about to complete on the purchase of a house in Sandown but as a consequence of wreckage from a small fire at the property I have managed to agree recompense from the owner in the sum of £3k by way of a adjustment in the price. I had intended this to be addressed as part of amending the contract yet Principality are not allowing this. Why were they approached?
Your property lawyer that is on the Principality conveyancing panel is duty bound to inform Principality of any variations to the purchase price. If you prohibit your property lawyer to report the price change to Principality then they would have to discontinue acting for you. In addition, Principality and you would have to appoint a new conveyancing practitioner for your conveyancing in Sandown.
Completed the sale of my flat in Sandown last April but our buyer keeps whats apping me to moan that her lawyer needs to hear from mine. What should my lawyer have done following completion?
Post completion of your sale your solicitor should deliver the transfer deeds and all of the paperwork to the buyer’s lawyers. If applicable, your conveyancer should also send confirmation that the mortgage has been repaid to the buyers conveyancers. There are no post completion procedures unique to conveyancing in Sandown.
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a simple, no chain conveyancing. Sandown is where the house is located. Is there any guidance you can impart?
Flying freeholds in Sandown are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sandown you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sandown may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
How much experience do your Sandown conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Sandown conveyancing lawyers help thousands of people move home every year and helped lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Sandown conveyancers have worked on recent similar matters.