My husband and I are purchasing a 2 bedroom flat in Shirebrook with a mortgage. We like our Shirebrook solicitor, however the bank advise he's not on their "panel". We have to appoint one of the mortgage company panel solicitors or keep our Shirebrook lawyer and pay for one of their panel firms to represent them. We regard this is unjust; is there anything we can do?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Shirebrook conveyancing solicitor to apply to be on the conveyancing panel.
How do I find out if the solicitor conducting my conveyancing in Shirebrook is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Virgin Money thus paying £175.00 in additional legal invoice.
Feel free to make the most of the find a conveyancing panel solicitor tool on this site. Pick the mortgage company and type ‘Shirebrook’ or your location and you will discover numerous solicitors based in Shirebrook or near you.
I purchased a renovated Victorian property in Shirebrook. Conveyancing solicitor represented me and Norwich and Peterborough Building Society. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, another for leasehold with the exact same address. I'd like to know for sure, how can I find out??
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Shirebrook and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with your conveyancing practitioner who conducted the conveyancing.
I decided to have a survey done on a property in Shirebrook in advance of retaining conveyancers. I have been informed that there is a flying freehold overhang to the house. My surveyor advised that some mortgage companies tend refuse to issue a loan on this type of property.
It varies from the lender to lender. Lloyds has different requirements from Halifax. 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 Shirebrook. Conveyancing will be smoother if you use a solicitor in Shirebrook especially if they are accustomed to such properties in Shirebrook.
I am thinking of appointing a conveyancing lawyer in Shirebrook for my home move. Is it possible to see a firm’s record with the profession’s regulator?
Anyone can read published Solicitor Regulator Association (SRA) determinations arising from investigations commenced on or after 1 January 2008. Go to Check a solicitor's record. For details Pre 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, use +44 (0)121 329 6800. The SRA sometimes monitor call for training reasons.