we are a couple who intend to purchase a 1 bedroom apartment in Waltham Abbey with a mortgage from Godiva Mortgages Ltd.We like our Waltham Abbey conveyancing practitioner but Godiva Mortgages Ltd informed us his firm is not listed on their "panel". It seems we have no choice but to instruct a Godiva Mortgages Ltd panel firm or keep our local solicitor and fork out for one of their panel ones to represent them. This seems very unfair; is there anything we can do?
Unfortunately,no. The home loan offered to you is subject to its various provisions, a common one being that conveyancers will be on the Godiva Mortgages Ltd conveyancing panel. Until recently, most banks 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 solicitors to apply to be on the conveyancing panel for Godiva Mortgages Ltd
I am buying a new build apartment in Waltham Abbey. Conveyancing is necessary evil 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 questions that you should expect your new-build leasehold conveyancing in Waltham Abbey
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are surveyor prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. 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 a car parking plan.
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a straight forward, no chain conveyancing. Waltham Abbey is where the house is located. Is there any guidance you can give?
Flying freeholds in Waltham Abbey are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Waltham Abbey you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Waltham Abbey may ascertain 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 simple is it to swap solicitor as I have to find a firm on the Bank of Ireland conveyancing list. I was using a family conveyancing solicitor in Waltham Abbey five minutes from me but he is not approved by Bank of Ireland
It would be our pleasure to help you select a conveyancing solicitor in Waltham Abbey on the Bank of Ireland panel. Please note that the law firms that we work with do not pay us a referral fee if you instruct them and are registered with the Solicitors Regulation Authority who regulate all conveyancing solicitors in Waltham Abbey. In making use of search facility on this website, you can compare costs for conveyancing solicitors in Waltham Abbey and throughout England and Wales.
I am looking for a conveyancing practitioner in Waltham Abbey for my home move. Is it possible to check a firm’s complaints history with the legal regulator?
One may see published Solicitor Regulator Association (SRA) decisions arising from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The regulator may monitor telephone calls for training reasons.