is it true that all Castle Eden conveyancing solicitors on the conveyancing panel are regulated by the SRA?

As a firm of solicitors, in order to be on the approved list of solicitors they would need to be overseen by the Solicitors Regulatory Authority. Many mortgage companies do permit licenced conveyancers on their panel in which case such organisation would be regulated by the Council of Licensed Conveyancers.

We had instructed conveyancers with offices in Castle Eden on the solicitor approved list. They have just invoiced me a supplemental charge for dealing with the mortgage. Is this an additional conveyancing fee set by ?

Provided it is contained in their Terms of Engagement or Quote then yes your is entitled to levy a fee for this. This charge is not dictated by but by your Castle Eden . Numerous firms on the panel will charge ’dealing with mortgage’ fee but some practices include it on their overall fee.

I can not work out if my lender requires a lease extension. I have called into my local Castle Eden bank branch on a couple of occasions and was told it wasn't an issue and they would lend. My Castle Eden conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned to say that they would not lend based on their specific requirements. Who do I believe?

The has to follow the CML Handbook Part 2 provisions for your bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

I have been told that property searches are the main reason for delay in Castle Eden house deals. Is there any truth in this?

The Council of Property Search Organisations (CoPSO) published conclusions of a review by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of delays during the legal transfer of property. Searches are unlikely to be the root cause of delay in conveyancing in Castle Eden.

We are four weeks into a freehold purchase having been referred to solicitors by the selling agent to perform conveyancing in Castle Eden. I am not happy. Can you you assist me in finding new conveyancers?

They would have to be very poor to suggest diss instructing them. Has your loan offer been issued? If so you must advise them of the replacement solicitor and ensure the offer are re-sent. Your new conveyancer needs to be on the lenders panel to avoid added fees and complications. That should be your first question of the new solicitors. Our find a solicitor tool can help you find a lender approved conveyancer for your conveyancing in Castle Eden

Castle Eden Leasehold Conveyancing - Examples of Queries before buying

Who are the managing agents? What is the length of the lease? It is important to be aware whether changing the roof or some other significant cost is due shortly to be shared by the leaseholders and may well materially impact the level of the service fees or necessitate a specific payment.

I pay a service charge for my property in Castle Eden. As a result of personal circumstances I slipped into arrears with remittance. The freeholders agreed a payment schedule but there is still two currently outstanding.

I want to sell and I am worried this may hold me back if I have to discharge the arrears first. I'd like to sell up and then pay them back with the completion monies - is this possible?

Your should be in a position to negotiate with the management company, and agree with them whether or not they would accept settlement from completion monies. Here is an example of why it is advisable to instruct a in Castle Eden as they may well enjoy an established relationship with the parties.