The Kettering conveyancing lawyers that just started acting on my purchase in Kettering have without warning shut down. I only went with them because I needed a solicitor on the Co-operative conveyancing panel and my previous Kettering lawyer was not. I issued them a cheque for two hundred pounds in advance. What are my options?
If you have an estate agent involved then let them know immediately so that they can let the sellers know that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Co-operative conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to help.
Just acquired a terraced house in Kettering , What is the estimated time for the Land Registry to deal with the formalities evidencing my ownership? My Kettering conveyancing solicitor has been very slow, so I want to be certain the post completion formalities are addressed.
As far as conveyancing in Kettering is concerned, registration is no faster or slower than the rest of England and Wales. Rather than based on location, timescales can vary according to the party submitting the application, whether there are errors and whether the Land registry have to notify any interested persons or bodies. Currently in the region of three quarters of such applications are fully addressed within two weeks but occasionally there can be longer delays. Historically registration occurs after the purchaser has moved in to the property so registration formalities is not usually primary concern but where there is a degree of urgency associated with the registration then you or your lawyers could communicate with the Registry to express the reasoning for an expedited registration.
How does conveyancing in Kettering differ for newly converted properties?
Most buyers of new build residence in Kettering approach us having been asked by the builder to sign contracts and commit to the purchase even before the house is finished. This is because house builders in Kettering tend to acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Kettering or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a simple, no chain conveyancing. Kettering is where the house is located. Can you shed any light on this issue?
Flying freeholds in Kettering 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 Kettering you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Kettering 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 residence.
Are there any apps to help locate a Kettering solicitor on the Aldermore conveyancing panel? I drive a motor bike and am happy to travel upto 10miles to meet the conveyancer.
Feel free to make use of the facility on this website. Please pick a lender and your location and you will see a number of Kettering conveyancing lawyers locally. We have listed some Kettering conveyancing firms at the bottom of this page and you can ring them to check whether they are on the Aldermore panel