Is it realistic for conveyancing in Chatham to be concluded within 3 weeks?

First, If you are under a tight deadline to exchange it is highly recommended that your solicitor is familiar with the area as they will benefit local connections and insight. It is even conceivable that they may have conducted otherhouses in the same neighbourhood. Therefore consider using a Chatham conveyancing lawyer. Second, check that the lawyer is on the lender panel. It is believed that just under twenty per cent of Chatham conveyancing transactions are suspended or jeopardised after finding out that a buyer’s solicitor was not on their mortgage lender’s member panel. In many cases this discovery resulted in the legal transfer of property being delayed by an average of three weeks. It is said that this issue impacts in the region of one hundred thousand home moves annually. Most Chatham conveyancing firms can not represent certain lenders so do check at the outset.

What is the difference between a licensed conveyancer and conveyancing solicitor in Chatham

Two types of professional can perform conveyancing in Chatham namely CLC regulated conveyancers or solicitors. The two can provide conveyancing services that required to complete the disposal or acquisition of property. They are both duty bound to conduct Chatham conveyancing on similar quality and guidelines so you may be safe in the knowledge that your conveyancing will be properly conducted and that the requisite steps will be correctly followed.

Is there a list of Co-operative panel conveyancers in Chatham on the Council of Mortgage Lender’s Website?

No. There is no such tool on the CML or Building Society Association sites. Very few lenders make their panel listings available online. Where you are looking for a Chatham conveyancer on the Co-operative please make the most of our facility.

After months of negotiation I have agreed a price on an apartment in Chatham. My mortgage broker suggested a solicitor. I paid an advanced payment of £175. A couple of days later, the conveyancing practitioner contacted me to say that they were not on the Bank of Ireland conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the Bank of Ireland panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

I completed on my home on 10 April and my personal details is not yet registered. Should I be concerned? My conveyancing solicitor in Chatham advises it will be recorded in a couple of weeks. Are titles in Chatham particularly slow to register?

As far as conveyancing in Chatham is concerned, registration is no faster or slower than anywhere else in England and Wales. Rather than based on location, timeframes can adjust according to who lodges the application, whether there are errors and whether the Land registry communicate with any third persons or bodies. Currently roughly 80% of such applications are completed in less than three weeks but occasionally there can be longer delays. Registration is effected after the buyer is living at the property therefore registration formalities is not usually an essential issue but where there is a degree of urgency associated with the registration then you or your lawyers could speak with the land registry and explain the circumstances.

Due to the guidance of my in-laws I had a survey completed on a house in Chatham prior to instructing solicitors. I have been told that there is a flying freehold element to the house. The surveyor has said that some lenders may not grant a loan on a flying freehold house.

It depends who your proposed lender is. Bank of Scotland has different requirements for example to Nationwide. If you call us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Chatham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Chatham to see if the conveyancing will be more expensive.

Having checked my lease I have discovered that there are only 72 years remaining on my lease in Chatham. I now want to get lease extension but my freeholder is missing. What should I do?

If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be extended by the magistrate. However, you will be required to prove that you have done all that could be expected to find the landlord. In some cases a specialist may be useful to conduct investigations and prepare a report which can be used as proof that the freeholder can not be located. It is wise to seek advice from a property lawyer both on devolving into the landlord’s disappearance and the vesting order request to the County Court overseeing Chatham.

Chatham Conveyancing for Leasehold Flats - Sample of Queries Prior to Purchasing

How long is the Lease? How much is the ground rent and service charge? This question is useful as a) areas can result in problems in the building as the communal areas may start to deteriorate if services remain unpaid b) if the leaseholders have an issue with the managing agents you will want to know about it