Me and my partner are buying an apartment in Southend On Sea. My Conveyancer has never been on on the bank approved list. Is it possible for me to retain my Southend On Sea conveyancing solicitor notwithstanding that they are excluded from the lender panel?
You have a couple of options available to you here
- Complete the purchase with your preferred Southend On Sea solicitor but your lender will need to appoint a property lawyer from their approved list. The net result is additional cost and potential interruption.
- Get a fresh property lawyer to conduct the conveyancing, ensuring that they are on the bank conveyancing panel.
- Convince your property lawyer to pull out all the stops to join the lender’s conveyancing panel
Can you help? My Southend On Sea solicitor is assuring me that he has toapply for Southend On Sea conveyancing searches due to the fact thatthe firm are on the Santanderapproved lawyer panel. Is this really necessary?
You have limited options available to you. As you are obtaining a home loan with a mortgage company your conveyancer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your conveyancing practitioner would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to comply with the Council of Mortgage Lenders’ Handbook provisions . Even if you were a cash buyer you would be ill advised not to carry out Southend On Sea conveyancing searches.
My friend recommended that where I am buying in Southend On Sea I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally quoted for as part of the standard Southend On Sea conveyancing searches. It is a large document of about 40 pages, listing and detailing significant information about Southend On Sea around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Southend On Sea Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful data regarding Southend On Sea.
I am hoping to exchange soon on a ground floor flat in Southend On Sea. Conveyancing solicitors assured me that they are sending me a report next week. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Southend On Sea should include some of the following:
Whether the lease restricts you from renting out the flat, or having a home office for business Responsibility for repairing the window frames Specifying your legal entitlements in relation to the communal areas in the block.For example, does the lease contain a right of way over a path or hallways? Whether your lease provides for a slush account for major works?
Leasehold Conveyancing in Southend On Sea - A selection of Queries Prior to buying
Are any of leasehold owners in dispute over their service charge payments? How much is the annual maintenance fee and ground rent?
Me and my husband have recently had an offer agreed on a property and had meeting on Monday with the Post Office for the mortgage. They advised us that when it comes to appointing a conveyancer that unless they are on their approved list of solicitors then we will incur an extra charge of about two hundred pounds. This is because they would then have to select a solicitor to act for them in addition to the one we appoint for ourselves and we will be on the hook for their costs. I have asked the Post Office to supply me with a list so I can obtain quotes only from their approved solicitors but was told that I need to check with each individual lawyer to see if they are on the panel. Is there a list online?
You should ask the Post Office what their criteria for panel membership is for a solicitor.Then ask the conveyancer of your choice whether they fit that criteria and have they acted on mortgages for the Post Office historically. If the answer to those is yes, then just clarify this with the Post Office. Another option is to utilise our search facility and we should be able to identify a lawyer in Southend On Sea on the approved list for the Post Office.