We are hoping to acquire a 1 bedroom apartment in West Green with a mortgage. We like our West Green lawyer, but the bank advise she’s not on their "panel". It seems we have no choice but to select one of the bank panel firms or retain our West Green as well as pay for one of their panel ones to act for them. We consider that this is unjust; are we not able to demand that the bank use our West Green ?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the bank’s 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. Another option that might be available is for your West Green conveyancing lawyer to apply to be on the conveyancing panel.
We were just about to sign contracts for a leasehold flat in West Green. We have hit a snag. Our loan offer with runs out on but the owners are insisting on a completion date of . Is it possible to prolong the loan expiry date?
The best person to deal with your question is your lawyer who is in a position to assess whether they corresponding with the lender, seller’s conveyancers, selling agents or indeed all parties based on the circumstances your house move as of today.
Completed the sale of my flat in West Green last June yet the purchaser is texting daily to moan that their solicitor needs to hear from mine. What are the post completion sale legalities following completion?
Following your sale your conveyancer should send the transfer documentation and all of the paperwork to the buyer’s lawyers. If applicable, your solicitor must also send confirmation that the mortgage has been repaid to the buyers conveyancers. There is unlikely to be post completion procedures just for conveyancing in West Green.
Are there restrictive covenants that are commonly identified during conveyancing in West Green?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in West Green. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm converting the mortgage on my current house to a buy to let mortgage with and intend to use the remaining equity towards another house. The neighborhood we are looking at is West Green. Will your lawyers be able to act for both sets of banks and link together the conveyances?
Do use our search tool on this site to ensure that the conveyancers are approved by both banks. Having checked that they are your lawyer will be able to tie up the two transactions but you should talk with you lawyer and specify your desired outcome and requirements.