Me and my husband are purchasing an apartment in Chatham. My lawyer has never been on on the lender approved panel. Is it possible for me to appoint my Chatham conveyancing solicitor notwithstanding that they are excluded from the bank panel of approved conveyancing solicitors?
One will need to have a solicitor to deal with the formalities when you need a loan to purchase your home. The lawyer will conduct all the necessary legal checks on the property, make sure that you’re properly registered as the owner and ensure that all the required mortgage documentation is dealt with. One could instruct a Chatham lawyer of your choice. However, if the conveyancer appointed is not on the mortgage company conveyancing panel additional costs will be incurred as separate legal representation will be need by the lender. Bank panel applications can be submitted, so if your conveyancer has not previously applied for membership they should take the chance to apply.
What does my ID and proof of funds have anything to do with my conveyancing in Chatham? What am I being asked for?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to check the identification documents of the potential client they are dealing with prior to agreeing to accepting their conveyancing retainer. The Terms and Conditions that you need to sign should reaffirm this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. Where you are unwilling to provide identification documents, your conveyancer would not be able to accept instructions from you.
I require expedited conveyancing in Chatham as I am faced with an ultimatum to exchange contracts within one month. A home loan is not required. Can I decline from having conveyancing searches to save fees and time?
As you are not getting a home loan you are at free not to do searches although no lawyer would advise that you don't. Drawing on our experience of conveyancing in Chatham the following are examples of what can show up and adversely impact future mortgageability: Enforcement Notices, Overdue Charges, Outstanding Grants, Unadopted Roads,...
I have recentlybeen informed that Wolstenholmes have been shut down. They conducted my conveyancing in Chatham for a purchase of a leasehold apartment 18 months ago. How can I establish that my home is registered correctly in the name of the previous owner?
The easiest way to see if the premises is in your name, you can make 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 Chatham conveyancing specialists.
What does commercial conveyancing in Chatham cover?
Chatham conveyancing for business premises covers a wide array of guidance, given by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
I need to find a conveyancing solicitor for freehold conveyancing in Chatham. I have chance upon a site which appears to be the perfect answer If it is possible to get all formalities completed via web that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?