I am in the market for a reasonably priced conveyancer. Should I go for for a nationwide conveyancer rather than a local Kennington conveyancing lawyer?
Generally conveyancing lawyers in your location will benefit from excellent connections with your local authority, which can help with your Kennington conveyancing searches that your lawyer will need to carry out. It also helps if they enjoy strong relationships with the Local Land Registry Office your area Kennington, other property lawyers in the location and Kennington property agents.
The Kennington conveyancing firm handling our Kennington conveyancing has discovered an inconsistency when comparing the surveyor’s assumptions in the home valuation report and what is in the conveyancing documents. My solicitor informs me that he is obliged to ensure that the bank is OK with this discrepancy and is content to go ahead. Is my lawyer’s course or action legitimate?
Your lawyer must comply with the UK Finance Lenders’ Handbook requirements which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
Are the BSA planning on creating a search tool with a view to list law firms on the Darlington Building Society conveyancing panel for example in Kennington?
We have not been informed any intention on the part of the BSA to promote such a tool.
A relative pointed out to me me that in buying a property in Kennington there could be various restrictions preventing external alterations to a property. Is this right?
We are aware of anumerous of properties in Kennington which have some sort of restriction or requirement of consent to execute external changes. Part of the conveyancing in Kennington should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Is it the case that all Kennington solicitors on the Coventry BS conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Coventry BS conveyancing panel they would need to be governed by the SRA. Some lenders do list licenced conveyancers on their panel in which case such practice would be governed by the CLC.
I am due to exchange contracts on my apartment. I had a double glazing fitted in June 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Kent Reliance are being pedantic. The Kennington solicitor who is on the Kent Reliance conveyancing panel is saying indemnity insurance will be fine but Kent Reliance are insisting on a building regulation certificate. Why do Kent Reliance have a conveyancing panel if they don't accept advice from them?
It is probably the case that Kent Reliance have referred the matter to their valuer. The reason why Kent Reliance may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I am buying my first flat in Kennington with the aid of help to buy. The developers refused to budge the price so I negotiated £7000 of extras instead. The estate agent advised me not inform my conveyancer about this extras as it would impact my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
In my capacity as executor for the will of my uncle I am disposing of a house in Newport but I am based in Kennington. My lawyer (who is 250 miles awayhas requested that I sign a stat dec before completion. Can you recommend a conveyancing solicitor in Kennington to attest and place their company stamp on the document?
Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are located in Kennington