Can you help? My Wallingford solicitor is assuring me that he has toconduct Wallingford conveyancing searches asthe firm are on the Santanderconveyancing panel. These Wallingford checks cost a lot of money can this be avoided?
Unfortunately both you and your lawyer have little choice here. As you are taking a home loan with a bank your solicitor has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to comply with the CML Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Wallingford conveyancing searches.
Do banks and building societies provide you with an approved list of Wallingford conveyancing solicitors? How do you know who is on the Leeds Building Society conveyancing panel?
Wallingford conveyancing firms themselves provide us confirmation that they are on the Leeds Building Society conveyancing panel as opposed to being supplied with a list from Leeds Building Society directly.
We decided to purchase a newbuild flat in Wallingford with a residential mortgage from HSBC Bank.We use our Wallingford conveyancing lawyer but HSBC Bank says he's not listed on their "panel". It seems we have no choice but to instruct a HSBC Bank panel solicitor or retain our preferred solicitor and fork out for one of their panel ones to represent them. We feel as though this is unjust; Can we not simply insist that HSBC Bank use our lawyer?
Unfortunately,no. The home loan issued to you is subject to its terms and conditions, a common one being that lawyers needs to be on the HSBC Bank 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. A further alternative is for your solicitors to apply to be on the conveyancing panel for HSBC Bank
My partner and I are intent on selling our house in Wallingford and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. Any high street Wallingford lawyer would know this is not the case. For the life of me I don't know why the buyers are using an online conveyancing firm as opposed to a conveyancing solicitor in Wallingford. Having lived in Wallingford for three years we know of no issue. Is it a good idea to get in touch with our local Authority to seek confirmation that there is no issue.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
About to purchase a new build flat in Wallingford. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Wallingford
If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.