Me and my partner are purchasing a 1 bedroom apartment in Kettering with a mortgage. We like our Kettering lawyer, however the lender says he's not on their "panel". We have to appoint one of the lender panel conveyancing practices or retain our Kettering lawyer and pay for one of their panel lawyers to represent them. This seems very unfair; is there anything we can do?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Kettering conveyancing lawyer to apply to be on the conveyancing panel.
Why is leasehold purchase conveyancing in Kettering is more expensive?
In short, leasehold conveyancing in Kettering and elsewhere usually necessitates additional hours of investigation compared to freehold transactions. This includes analysing the lease terms, corresponding with the landlord concerning serving applicable notices, procuring up-to-date service charge and management information, obtaining the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different leaseholders have owned the lease since it was first entered into.
We hope to to purchase with Melton Mowbray Building Society. I dropped in a few high street solicitors but cant to find a Kettering conveyancing firm on the Melton Mowbray Building Society panel. Could you assist?
Feel free to make use of the find a lender approved solicitor tool on this site. Pick the lender and type Kettering or your location and you will be presented with a number of lawyer based in Kettering or nearest you.
I have justfound out that Arc property Solicitors have been shut down. They carried out my conveyancing in Kettering for a purchase of a freehold house 18 months ago. How can I be sure that my home is in my name in the name of the former proprietor?
The easiest method to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Kettering conveyancing specialists.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a quick, no chain conveyancing. Kettering is the location of the property. Can you shed any light on this issue?
Flying freeholds in Kettering are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Kettering you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Kettering may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Taking into account that I will soon spend 450k on a terraced house in Kettering I would like to talk to a lawyer about myhouse move in advance of giving the go ahead to the firm. Can this be arranged?
This is something that we recommend - it is our preference to talk to you we do not take any clients on without you liaising with the lawyer due to be carrying out your conveyancing in Kettering.There is no ‘factory style conveyancing’ - each client is an important individual, not a matter number. The practices that we put you in touch with believe that the fees you are provided with for your conveyancing in Kettering should be the figure that you end up paying.