I am not in a position to travel far from Canterbury. I would like to know the understand why all Canterbury lawyers are not on all lender panels?
Lenders normally restrict either the nature or volume of conveyancing practices on their panel. Frequent examples of such criteria being that a firm must have at least two partners. In addition to restricting the structure of firm, some have made a decision to restrict the size of their panel they allow to represent them. You should note that mortgage companies have no responsibility for the standard of advice provided by any Canterbury solicitor on their panel. Increases in mortgage fraud was a key driver in the culling of solicitor panels a few years ago notwithstanding that there are contrary thoughts concerning whether solicitors sat at the center of that fraud. Data published by the Land Registry reveal that thousands of law organisations only transact one or two conveyances a year. Those supporting conveyancing panel pruning ask why law firms should have the right to remain on a bank panel when clearly conveyancing is not their primary expertise?
We are looking to buy a flat and require a conveyancing solicitor in Canterbury who is on the Aldermore solicitor panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Aldermore . We don't recommend any particular firms conducting conveyancing in Canterbury.
I am thinking of remortgaging my flat in Canterbury, does my lawyer need to be on the Yorkshire BS Conveyancing panel?
There is nothing to stop you using your solicitor, but Yorkshire BS will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Canterbury?
Two types of professional can perform conveyancing in Canterbury namely licenced conveyancers or solicitors. The two can handle the legal services that required to complete the sale or purchase of property. Both are duty bound to perform Canterbury conveyancing on similar quality and guidelines so you can be sure that your conveyancing will be properly administered and that the necessary steps should be appropriately attended to.
Does a directory service exist listing Kent Reliance panel conveyancers in Canterbury on the Council of Mortgage Lender’s Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association sites. Very few banks make their panel listings open the public online. Where you are seeking to appoint a Canterbury solicitor on the Kent Reliance please make the most of our tool.
I can not fathom if my lender requires a lease extension. I have called into my local Canterbury bank branch on numerous occasions and was reassured it wasn't an issue and they will lend. My Canterbury conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they would not lend in accordance with their published requirements. Who do I believe?
The conveyancing practitioner must comply with the CML Handbook section two 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 mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
About to purchase a new build apartment in Canterbury. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Canterbury
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The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
I decided to have a survey completed on a property in Canterbury before appointing conveyancers. I have been informed that there is a flying freehold overhang to the house. My surveyor advised that some banks may not give a mortgage on such a property.
It varies from the lender to lender. Santander has different requirements for example to Halifax. Should you wish to call us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Canterbury. Conveyancing will be smoother if you use a solicitor in Canterbury especially if they are acquainted with such properties in Canterbury.