I am not well enough to travel far from St Andrews. I would like to know the reason why all St Andrews lawyers aren't included on all bank panels?
Pre- 2008 most mortgage companies had an attitude to risk which differs from the current day. The Financial Services Authority in 2010 instigated a thematic review into mortgage fraud which in summary warned lenders: know the solicitors on your panel. Accordingly, lenders have since soughtmore information from law firms regarding their processes and the individuals who work for them and set certain criteria such as completing a minimum number of transactions. Many firms have been excluded from lender panels even though they had an exemplary track record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Such firms found it impossible satisfy the minimum volume of transactions the lenders insisted on.
We hope to to buy with Norwich and Peterborough Building Society. We have called around locally yet am struggling to find a St Andrews conveyancing firm on the Norwich and Peterborough Building Society approved list. Can you assist?
You should take advantage of the search tool on this page. Pick the building society and type St Andrews or your location and you will see a number of lawyer offices in St Andrews or near you.
I am buying a property and the lawyer has mentioned Chancel Repair to which the property may be obligated to contribute to given it’s proximity to the area of such a church. He has suggested insurance. Is this really necessary for conveyancing in St Andrews
Unless a prior purchase of the property took place post 12 October 2013 you could assume that solicitors conducting conveyancing in St Andrews to continue to recommend a chancel search and or insurance against a claim.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in two weeks back in what was supposed to be a straight forward, no chain conveyancing. St Andrews is where the house is located. Can you shed any light on this issue?
Flying freeholds in St Andrews are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside St Andrews you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in St Andrews 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.
As co-executor for the will of my uncle I am disposing of a residence in Cardiff but live in St Andrews. My lawyer (approximately 200 kilometers from mehas requested that I execute a stat dec prior to completion. Could you suggest a conveyancing solicitor in St Andrews who can witness this legal document for me?
strictly speaking you should not be required to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are St Andrews based