Are the BSA intent on creating a searchable register to list law firms on the Coventry BS conveyancing panel for example in Clacton On Sea?
We are not aware of any plans on the part of the BSA to promote such a register.
What is the difference between a licensed conveyancer and conveyancing solicitor in Clacton On Sea
There are many recorded licenced Conveyancers in Clacton On Sea and Solicitor firms in Clacton On Sea who provide Conveyancing services We would stress that the two are regulated professionals specialising in the legal work in the home buying process. Both can handle other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
My father advised me that in buying a property in Clacton On Sea there could be a number of restrictions prohibiting external alterations to the property. Is this right?
We are aware of a number of properties in Clacton On Sea which have some sort of restriction or requirement of consent to execute external changes. Part of the conveyancing in Clacton On Sea should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We previously appointed solicitors located in Clacton On Sea on the Barclays solicitor panel. They are now charging me a supplemental charge for the legal aspects of the Barclays mortgage. Is this a supplemental conveyancing fee set by Barclays?
As unfair as it may seem, as long as it’s in their Terms and Conditions or estimate then yes your conveyancing practitioner is entitled to charge a fee for this. The charge is not set by Barclays but by your Clacton On Sea solicitor. Plenty of firms on the Barclays panel will charge an ‘acting for lender’ fee but some practices include it on their overall fee.
I am selling our house in Clacton On Sea and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any high street Clacton On Sea conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers instructed a factory type conveyancing firm as opposed to a conveyancing solicitor in Clacton On Sea. Having lived in Clacton On Sea for many years we know that this is a non issue. Should we contact our local Authority to get confirmation that the buyers are looking for.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
I am a fortnight into a freehold purchase having been directed to a firm by the estate agent to execute conveyancing in Clacton On Sea. We are not happy. Could you you assist me in finding new lawyers?
A lawyer would need to be very poor in order to consider replacing them. Has the loan offer been issued? In the event that it has you need to make them aware of the new contact details and have the offer are re-issued. Your solicitor ideally should be on the mortgage company panel to avoid supplemental fees and delays. That should be your starting point. The find a solicitor tool should assist you in finding a lender approved conveyancer for your conveyancing in Clacton On Sea
I have just started marketing my 2 bed apartment in Clacton On Sea. Conveyancing is yet to be initiated, but I have recently received a yearly maintenance charge demand – what should I do?
The sensible thing to do is pay the invoice as you normally would as all ground rent and service invoices will be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I bought a studio flat in Clacton On Sea, conveyancing formalities finalised April 2000. How much will my lease extension cost? Equivalent flats in Clacton On Sea with a long lease are worth £206,000. The ground rent is £45 charged once a year. The lease expires on 21st October 2091
With 66 years left to run we estimate the premium for your lease extension to range between £11,400 and £13,200 as well as costs.
The figure above a general guide to costs for extending a lease, but we are not able to advice on the actual costs without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.
My son is about to join the property ladder, the home loan was agreed last week in principle. After the seller agreed the offer on the flat we telephoned the lender to go forward with his. We were disappointed to learn that mortgage lenders do not accept all conveyancing practitioner, they must be on their panel, is this legal?
Banks ordinarily imposes restrictions either the type or the number of conveyancing firms on their panel. A common example of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that lenders have no responsibility for the quality of advice provided by any Clacton On Sea property lawyer on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Unlikely.