We see that you have a post code search directory identifying solicitors on the Lloyds conveyancing panel. Do firms pay you a referral fee if I appoint them for our own conveyancing in Dunmow?
We are a listing service only for law firms wishing to communicate if they are on the Lloyds conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Dunmow.
Can you clarify what the consequences are if my solicitor is expelled from the Aldermore Conveyancing panel ahead of completing my conveyancing in Dunmow?
The first thing to point out is that, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
is it true that all Dunmow conveyancing solicitors on the Aldermore conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the Aldermore approved list of solicitors they would need to be regulated by the SRA. Many banks do permit licenced conveyancers on their panel in which case such firms would be overseen by the CLC.
We are getting the release of further funds on our home loan from Santander as we wish to carry out a loft conversion to our property in Dunmow. Do we need to choose a local Dunmow solicitor on the Santander conveyancing panel to deal with the legals?
Santander do not ordinarily require firms on their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Santander conveyancing panel.
I am expecting a AIP from Aldermore this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Aldermore recommend any Dunmow solicitors on the Aldermore conveyancing panel, or is it better to go independently?
You will need to appoint Dunmow solicitors independently although you'll need to choose one on the Aldermore conveyancing panel. The solicitor represents both you and Aldermore through the process.
About to purchase a new build apartment in Dunmow. Conveyancing is a frightening process 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.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Dunmow
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
Expecting to complete next month on a studio apartment in Dunmow. Conveyancing lawyers inform me that they are sending me a report tomorrow. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Dunmow should include some of the following:
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The physical ownership of the premises. This could be the apartment itself but might incorporate a loft or storage are if relevant. if lease has a provision for a sinking fund for major repairs? Defining your rights in relation to common areas in the building.By way of example, does the lease provide for a right of way over a path or hallways? Whether the lease restricts you from subletting the flat, or having a home office for business Your solicitors should enable you to have an understanding of the building insurance obligations
Dunmow Leasehold Conveyancing - Examples of Queries Prior to buying
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Make sure you enquire if there are any onerous restrictions in the lease. For instance some leases prohibit pets being permitted in in a block in Dunmow. If you like the flatin Dunmow however your dog is not allowed to live with you then you will be presented with a hard decision. Does the lease have onerous restrictions?
Is there a distinction between surveying and conveyancing in Dunmow?
Conveyancing - in Dunmow or elsewhere - is the legal term given to transferring legal title of property from one person to another. It therefore includes the checking of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you’re purchasing and will help you discover the condition of the building and, if there are problems, give you leverage for reducing the price down or asking the seller to remedy the defects prior to you complete your move.