We opted for a high street solicitor for our conveyancing in Kingsdown yesterday. Reviewing the Ts and Cs it is apparent thatI am on the hook for charges even if the sale aborts. Should I go with them or instruct a web based lawyer offering no move no charge conveyancing in Kingsdown?
It is usually ‘give and take’ in that if "No Completion No Fee" is advertised then the fee levels will generally be uplifted to counteract the conveyances that do not proceed. Also remember that such arrangements rarely cover outlay e.g. Kingsdown conveyancing search charges.
Can your site be used to locate a Conveyancing solicitor in Kingsdown even where I’m not buying or disposing of a house, for instance if I wish to buy an office in Kingsdown with a loan from Barclays Direct?
Our search tool is predominantly there to select residential conveyancing solicitors in Kingsdown but we have set out at the end of this page some Kingsdown commercial conveyancing firms. You should speak with the firm directly to check if they are also authorised to represent Barclays Direct
Is it correct that all Kingsdown CQS (Conveyancing Quality Scheme) solicitors are on the Clydesdale conveyancing list of approved practices?
Some major lenders now use CQS as the kick off point for Panel approval such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of conveyancing solicitors.
I currently have a mortgage with Co-operative for my property in Kingsdown. Conveyancing has been completed a year ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Co-operative?
Your original mortgage agreement with Co-operative will provide that you need their approval in advance of renting your property as this is likely to be a breach of Co-operative’s mortgage conditions. It may be that Co-operative will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Co-operative directly. It should not be necessary to do this via a Co-operative conveyancing panel firm.
I can not work out if my bank requires a lease extension. I have called into my local Kingsdown building society branch on various occasions and was told they are content with the situation and they will lend. My Kingsdown conveyancing solicitor - who is on the lender conveyancing panel- telephoned and was told they refuse to lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. I simply don't know who is right.
Provided that the property lawyer is on the mortgage company panel, they must follow the Council of Mortgage Lenders’ Handbook conditions for the lender. Unless your lawyer obtains specific confirmation in writing that the lender 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 bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I have todaydiscovered that Wolstenholmes have been shut down. They carried out my conveyancing in Kingsdown for a purchase of a leasehold flat 12 months ago. How can I check that my home is registered correctly in the name of the previous owner?
The quickest method to check if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Kingsdown conveyancing specialists.
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what should have been a quick, chain free conveyancing. Kingsdown is the location of the property. Is there any guidance you can impart?
Flying freeholds in Kingsdown are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Kingsdown you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Kingsdown may ascertain 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 property.