Much to our surprise we have been advised by our IFA that my Kenilworth lawyer is not on the bank Solicitor panel. How can I be sure if this is correct?
The first thing you need to do is to contact your Kenilworth lawyer directly. You lawyer should notify you what has happened. Where they are not on the panel they may recommend you to a Kenilworth conveyancing practice that is on the approved list of lawyers for your mortgage company.
I am under pressure from the seller of a property in Kenilworth to complete within four weeks. What can I do to accelerate the legal process?
In a situation where you are under time constraints for your conveyancing we would recommend that your conveyancer is familiar with the area as they will benefit local relationships and knowledge. It is possible that they could have handled otherhomes in the same road. You would be best advised to use a Kenilworth conveyancing lawyer. Second, make sure that the conveyancing firm is on the member panel. It is believed that nearly one in five of Kenilworth conveyancing deals are frustrated or jeopardised after finding out that a purchaser’s conveyancer was not on their banks panel. In many cases this discovery resulted in the legal process being held up by an average of 21 days. It is claimed that this issue affects approximately one hundred thousand home sales every year. Most Kenilworth conveyancing practices can not represent certain mortgage companies so do check as early as possible.
When it comes to mortgage companies such as Nationwide, do Kenilworth conveyancing practitioners incur a fee to be on the conveyancing panel?
We are not aware of any mortgage company fees to be on their panel, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.
We have a mortgage agreed in principle with Lloyds. Kenilworth conveyancing solicitors are instructed. What is the average time that one could expect to receive a mortgage offer from Lloyds?
Some lenders take longer than others. Have Lloyds done the valuation? Have you advised Lloyds as to your lawyers' details and checked that your lawyers are on the Lloyds conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
We have agreed to purchase a house in Kenilworth. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Clydesdale be concerned?
As your lender is Clydesdale your lawyer must check the conveyancing instructions outlined in Part 2 of UK Finance Lenders’ Handbook for Clydesdale. The CML Handbook contains minimum provisions for solar panel roof-space leases, and solicitors are required to report to Clydesdale where a lease fails to comply with these specifications. The specifications relate to the installation of panels on properties in England and Wales and is not restricted to Kenilworth.
My partner and I are close to exchanging contracts on the sale of our house in Kenilworth and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. Any high street Kenilworth lawyer would know this is not the case. For the life of me I don't know why the purchasers used an internet conveyancing outfit as opposed to a conveyancing solicitor in Kenilworth. Having lived in Kenilworth for six years we know that this is a non issue. Do we contact our local Authority to seek confirmation that there is no issue.
It sounds as though you may have a conveyancing firm already. Are they able to advise? 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 ailment)
Taking into account that I am about to part with over three hundred thousand on a property in Kenilworth I wish to have a conversation with the lawyer concerning thehouse move prior to appointing the firm. Can this be arranged?
Absolutely - it is our preference to talk to you we do not take any clients on without you liaising with the conveyancer who will be conducting your property ownership legalities in Kenilworth.There is no ‘factory style conveyancing’ - each client is unique person, not a case reference. The solicitors that we put you in touch with believe that the figure you are calculated and presented to you for your conveyancing in Kenilworth should be the amount on the final invoice that you end up paying.
What can I do to establish who owns a house in Kenilworth?
Provided the premises is registered with HMLR, and you have enough information of the address of the property, you will be able to see details from the HM Land Registry of the registered owner for a a minimal charge.