Why is leasehold purchase conveyancing in Westerham costs more?
In short, leasehold conveyancing in Westerham and Kent usually involve extra hours of investigation compared to freehold transactions. This includes analysing the lease terms, communicating with the landlord about serving applicable notices, obtaining up-to-date service charge and management information, procuring the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.
Are the BSA intent on creating a online directory to to identify firms on the Norwich and Peterborough Building Society conveyancing panel for instance in Westerham?
We are not aware of any plans on the part of the BSA to promote such a register.
I have paid off my mortgage with Coventry BS. I assume I don't need a Westerham conveyancer on the Coventry BS panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Coventry BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Coventry BS mortgage from the register. Coventry BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Coventry BS has sent the Land Registry the discharge electronically, and
- Coventry BS has instructed the Land Registry to do so
I am selling my house. I had a double glazing fitted in June 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Nottingham are being difficult. The Westerham solicitor who is on the Nottingham conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Nottingham are requiring a building regulation certificate. Why do Nottingham have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nottingham have referred the matter to their valuer. The reason why Nottingham may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Santander have agreed my home loan in principle, my bid on a flat in Westerham has been accepted, what happens next?
The property agent will wish to be informed of your solicitor's details (ensure that the solicitors are on the lender’s approved list). Telephone Santander or the financial adviser and finish off any appropriate forms. Santander will sellect a valuer who will get in touch with the estate agent or owners to arrange an appointment. Once carried out (assuming no problems) it takes approximately a week for the mortgage offer to be issued. Santander will send the offer to you and your property lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Westerham.
Do I need to be concerned about estate agents that I am dealing with are encouraging me to use a national conveyancing firm as opposed to a local Westerham conveyancing practice?
As is the case with many professional services, often recommendations from family and friends can be most helpful. Nevertheless there are many people with a keen interest in a conveyancing matter; estate agents, financial adviser and mortgage companies may put forward lawyers to appoint. Sometimes these lawyers might be known to one of the organisations as being good in their field, but occasionally there behind the scenes financial incentive behind the endorsement. You have the right to select your preferred conveyancer. You need to be aware that the majority of lenders specify a panel list of law firms you must use for the mortgage aspect of your home move.
We are a couple of weeks into a residential purchase having been referred to a firm by the high street agent to perform conveyancing in Westerham. I am am extremely disappointed with the level of service. Can you you assist me in finding new conveyancers?
They would have to be really bad in order to consider changing them. Has your loan offer been generated? In the event that it has you need to make them aware of the new contact details and have the mortgage documents are re-issued. The conveyancer needs to be on the lenders panel to avoid added charges and frustration. That should be your starting point. Our find a solicitor tool should assist you in finding a bank approved conveyancer for your home move in Westerham