I have just been advised by my financial adviser that my Liphook lawyer is not on the bank Conveyancing panel. What can I do to be sure if this is correct?
Your first step should be to contact your Liphook lawyer directly. It is reasonable to expect your lawyer to notify you of the situation. Where they are not on the panel they may recommend you to a Liphook conveyancing firm that is on the conveyancing panel for your bank.
My partner and I are getting closer to an exchange on a property in Liphook and my mum and dad have sent the ten percent deposit to my conveyancer. I am now informed that as the deposit has not arrived from me my property lawyer needs to disclose this to my mortgage company. Apparently, in also acting for the bank he must inform them that the balance of the purchase price is coming from anyone other than me. I disclosed to the mortgage company regarding my parents' contribution when I applied for the home loan, so is it really appropriate for this now to be an issue?
Your lawyer is obliged to check with mortgage company to ensure that they understand that the balance of the purchase price is not from your own resources. Your solicitor can only notify this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
My wife and I have recently appointed a conveyancing solicitor in Liphook. I I would like to check whether they are accepted on the Birmingham Midshires approved list of lawyers. Could you or the lender confirm if they are on the panel?
The first thing to do is e-mail your lawyer and enquire if they are on the lender panel. Otherwise you should get in touch with Birmingham Midshires who may be able to assist.
My partner and I are selling our property in Liphook and according to the buyers it appears that there is a risk of it being built on contaminated land. Any local conveyancer would know this is not the case. For the life of me I don't know why the buyers instructed a nationwide conveyancing practice rather than a conveyancing solicitor in Liphook. Having lived in Liphook for six years we know that this is a non issue. Should we get in touch with our local Authority to get clarification need.
It sounds as though you may have a conveyancing lawyer currently acting for you. Are they able to advise? You need to check with 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 life insurance to cover that same illness)
I've recently found out that there is a flying freehold element on a property I put an offer in two weeks back in what was supposed to be a simple, chain free conveyancing. Liphook is where the house is located. What do you suggest?
Flying freeholds in Liphook are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Liphook you would need to get your solicitor to go 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 Liphook may decide 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.
My husband and I have recently had an offer agreed on a property and had an appointment on Tuesday with Leeds Building Society for the mortgage. They have informed us that when it comes to appointing a conveyancing practitioner that unless they are on their approved list of conveyancing practitioners then we will incur an additional charge of about two hundred pounds. This is because they would then have to appoint a conveyancer to act on their behalf as well as the one we appoint for ourselves and we will be on the hook for their costs. I have requested Leeds Building Society to send me with a list so I can seek estimates only from their approved conveyancers but was told that I need to check with each individual solicitor to see if they are on the panel. Is their an easier way of going about this?
You should ask Leeds Building Society what their criteria for joining their panel is for a conveyancer.Then ask the conveyancing practitioner of your choice whether they meet the criteria and have they acted on mortgages for Leeds Building Society before. Where the answer to those is yes, then just double check with Leeds Building Society. Another option is to utilise our search tool and we should be able to identify a lawyer in Liphook on the approved list for Leeds Building Society.