Unfortunately I am unable to travel far from Chatham. What is the rationale as to why all Chatham lawyers aren't automatically on all mortgage company panels?
As unjust as it may seem for mortgage companies to restrict who can represent them, from the public’s or lawyer’s point of view, the other side of the coin is that lenders are increasingly anxious and regard it vital to shield themselves against illegal activities. As a result of this concern mortgage companies are limiting their conveyancing panel to a manageable size.
My brother-in-law has suggested I instruct a conveyancing solicitor in Chatham. I need to find out if they are on the Bank of Scotland conveyancing panel. Can you or the lender confirm if they are on the panel?
The first thing to do is contact your lawyer and ask them whether they are on the lender panel. Otherwise you should call Bank of Scotland who may be able to confirm.
I have justdiscovered that Arc property Solicitors have been shut down. They conducted my conveyancing in Chatham for a purchase of a freehold house 12 months ago. How can I be sure that my home is registered correctly in the name of the previous owner?
The easiest method to check if the premises is registered to you, 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.
Over the last few months I have been searching for a ground for flat up to £235,500 and identified one round the corner in Chatham I like with open areas and railway links in the vicinity, the downside is that it only has 51 remaining years left on the lease. I can't really find anything else in Chatham in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you require a home loan the shortness of the lease may be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.
My uncle has encouraged me to instruct his conveyancers in Chatham. Should I find my own conveyancer?
There are no two ways about it it’s preferable to find a conveyancing solicitor is to get recommendations from friends or family who have previously instructed the firm you're considering.
Do online conveyancing companies undertake everything a local Chatham solicitor does or do I still need to use a solicitor for the final stages for my conveyancing in Chatham?
If you use an online conveyancer they should undertake all the tasks your Chatham solicitor would cover.