I was informed recently by my lender that my Folkestone property lawyer is not on the mortgage company Conveyancing panel. How can I check?
The best course of action for you to take is to contact your Folkestone conveyancer. You lawyer should notify you of the situation. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your lender.
My solicitor has uncovered a a problem with the lease for the property we are purchasing in Folkestone. The seller’s lawyers have put forward title insurance as a solution. We are content with insurance and will cover the costs. Our solicitor has advised that he must be satisfied that the bank is willing to move forward with this solution. Are we the client or is the lender?
Even though you have a mortgage offer from the lender does not mean to say that the property will meet their conditions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the lender are the client. These conveyancing instructions have to be complied with.
Can I use your services to recommend a Conveyancing solicitor in Folkestone even if I’m not purchasing or disposing of a house, for instance if I wish to buy an office in Folkestone with a mortgage from Bank of Scotland?
The service is primarily utilised to find residential conveyancing solicitors in Folkestone but we have recorded at the end of this page a few Folkestone commercial conveyancing firms. You will need to speak with the solicitors directly to see if they are also authorised to represent Bank of Scotland
My bid for a property was accepted at auction in Folkestone. Conveyancing is needed. What is next?
Now that you are legally bound yourself to purchase you now have to find a conveyancing lawyer as a matter of urgency as you will have a fast approaching a fixed date to complete the property. An auction property will ordinarily have a bespoke legal set of papers. This will likely include evidence of title and search results. If you have purchased leasehold premises the legal papers may contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork pertinent to a leasehold property. You need to give this to the lawyer instructed by you ASAP. You also need to ensure that that you have the requisite funding organised to complete the transaction on the set completion date.
I am purchasing a property in Folkestone. An unusual aspect is that the roof has a solar panel. Coventry BS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Coventry BS your lawyer must follow the formal requirements set out in Part two of UK Finance Lenders’ Handbook for Coventry BS. The CML Handbook stipulates minimum requirements for solar panel roof-space leases, and lawyers are required to report to Coventry BS where a lease does not meet these conditions. The conditions relate to the installation of panels on properties in England and Wales and is not restricted to Folkestone.
My partner and I are in the throws of viewing flats in Folkestone and I am now considering a potential offer. Should I already have a lawyer appointed at this stage? I am planning to take a mortgage with Lloyds.
It would be wise to instigate your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. Given that you are taking out a mortgage with Lloyds, ask your prospective lawyers if they are on the Lloyds conveyancing panel otherwise they can't do the mortgage legal work.
My partner and I are close to exchanging contracts on the sale of our house in Folkestone and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any high street Folkestone lawyer would know this is not the case. For the life of me I don't know why the buyers used a factory type conveyancing practice as opposed to a conveyancing solicitor in Folkestone. We have lived in Folkestone for many years we know that this is a non issue. Should we get in touch with our local Authority to obtain confirmation need.
It sounds as though you may have a conveyancing firm already. What do they say? You must enquire of 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)
What are my options where I am dissatisfied with the conveyancing practitioner who conducted our conveyancing in Folkestone?
Occasionally the level of service you receive is not as you expect, and is is a fact of life that occasionally matters do not go as planned. That being said there is recourse where you were dissatisfied with your conveyancing in Folkestone. This varies from trying to resolve matters directly with them, through to reporting a conveyancing practitioner to their governing body. If you remain dissatisfied you may consider enlisting the help of the Legal Ombudsman.