I have just been advised by my estate agent that my Freshwater Bay solicitor is not on the mortgage company Solicitor panel. How can I be sure whether this is correct?
You need to call your Freshwater Bay conveyancer. It is reasonable to expect your lawyer to notify you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
Can I be sure that the Freshwater Bay conveyancing solicitor on the Kent Reliance panel is any good?
When it comes to conveyancing in Freshwater Bay seeking recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the lawyer conducting your transaction.
After much negotiation I have agreed a price on a house in Freshwater Bay. My financial adviser recommended their conveyancers. I paid an upfront payment of £150. A few days later, the conveyancing practitioner contacted me to say that they were not on the Barclays conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Barclays panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Planning on purchasing a maisonette in Freshwater Bay. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the HSBC conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Freshwater Bay lawyer is on the HSBC conveyancing panel.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Freshwater Bay?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Freshwater Bay. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Freshwater Bay differ for newly converted properties?
Most buyers of new build property in Freshwater Bay contact us having been asked by the builder to exchange contracts and commit to the purchase even before the property is built. This is because new home sellers in Freshwater Bay typically buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Freshwater Bay or who has acted in the same development.
I opted to have a survey done on a property in Freshwater Bay prior to retaining lawyers. I have been informed that there is a flying freehold overhang to the house. Our surveyor advised that some mortgage companies will not grant a mortgage on such a property.
It depends who your proposed lender is. Bank of Scotland has different requirements from Nationwide. If you call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Freshwater Bay. Conveyancing will be smoother if you use a solicitor in Freshwater Bay especially if they are acquainted with such properties in Freshwater Bay.
Given that I am about to part with over three hundred thousand on a two bedroom apartment in Freshwater Bay I wish to talk to a conveyancer regarding thetransaction in advance of instructing the firm. Can this be arranged?
Absolutely - it is our preference to talk to you we do not take any clients on without you first talking to the solicitor who will be doing your property ownership legalities in Freshwater Bay.There is no ‘factory style conveyancing’ - every client is unique person, not a matter reference. The practices that we put you in touch with believe that the figure you are calculated and presented to you for residential conveyancing in Freshwater Bay should be the amount on the final invoice that you end up paying.