How do I search for the right solicitor to give a 1st class service for our conveyancing in Lancing?
First ask relatives who they experienced using in the past and if they were happy with the service.
Second, use a comparison service on the internet for conveyancing in Lancing. Phone a couple or more firms listed and invite them to send you their conveyancing charges and discuss your needs with the solicitor who will handle your legal process beforemaking your choice.
Third is to use our search tool to help you find the right solicitors for you based on your own expectations including location,speed, complications and who your intended mortgage company is. Avoid the trap of appointing £99 conveyancing in Lancing
My husband and I are purchasing a brand new apartment in Lancing and my lawyer is informing me that she has to the mortgage company to disclose incentives from the seller. I am under pressure to sign contracts and I would rather not delay the conveyancing. Is my lawyer right?
You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I'm the only beneficiary of my late mum's estate with all property in now in my sole name, including the my former home in Lancing. The Lancing property was put into my name in November. I plan to dispose of the property. I understand that there is a Mortgage Lenders 6 month 'rule', meaning my proprietorship will be considered the same way as though I had purchased the property in November. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be impacted by that. many mortgage companies would take a pragmatic view as this clause primarily exists to identify the purchase and immediately sell or the quick reselling of properties.
is it true that all Lancing solicitors on the TSB conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the TSB approved list of solicitors they would need to be governed by the SRA. Some mortgage companies do allow licenced conveyancers on their panel and in that case the practice would be regulated by the CLC.
I am due to exchange contracts on my apartment. I had a double glazing fitted in February 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Principality are being a right pain. The Lancing solicitor who is on the Principality conveyancing panel is saying indemnity insurance will be fine but Principality are requiring a building regulation certificate. Why do Principality have a conveyancing panel if they don't accept advice from them?
It is probably the case that Principality have referred the matter to their valuer. The reason why Principality 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 a new build flat in Lancing. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Lancing
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. There must be mutual enforceability of lessee’s covenants. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Forfeiture - bankruptcy or liquidation must not apply under this provision.
My father has recommend that I use his conveyancers in Lancing. Should I choose my own conveyancer?
No doubt the best way to select a conveyancing solicitor is to seek referrals from friends or relatives who have used the firm that you are considering.
I am an executor of my recently deceased mum’s Will, with a bungalow in Lancing which will be marketed. The house is unregistered at the Land Registry and I'm told that many estate agents will insist that it is done before they'll move forward. What's the mechanism for this?
In the circumstances you refer to it seems prudent to seek to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and certified copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.