My fiance and I are intent on purchasing residence in Meopham. My property lawyer is not listed on the lender solicitor list. Can I still retain my Meopham conveyancing solicitor notwithstanding that they are excluded from the lender approved list?
You have a couple of choices available to you here
- Complete the purchase with your preferred Meopham property lawyer but your mortgage company will need to instruct a conveyancing practitioner on their approved panel. This will result in additional fees together with probable frustration.
- Appoint a new conveyancer to act in the purchase, obviously checking they are on the lender conveyancing panel.
- Appeal to your property lawyer to attempt to join the mortgage company panel
Finally the sale completed on my house in Meopham last July yet the purchaser is SMS messaging every few hours to say their solicitor needs to hear from mine. What should have happened following completion?
Following your sale your conveyancer is committed to deliver the transfer deeds and all supplemental paperwork to the buyer’s conveyancer. Where appropriate, your conveyancer should also send confirmation that the legal charge in favour of the lender has been repaid to the buyers solicitors. There is unlikely to be post completion tasks specific conveyancing in Meopham.
I'm purchasing a new build house in Meopham with a loan from Platform Home Loans Ltd. The developers refused to move on the amount so I negotiated £7000 of additionals instead. The estate agent advised me not reveal to my conveyancer about the deal as it could affect my loan with Platform Home Loans Ltd. Is this normal?.
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.
I have been on the look out for a leasehold apartment up to £305k and found one round the corner in Meopham I like with a park and transport links in the vicinity, the downside is that it only has 49 years unexpired on the lease. There is not much else in Meopham for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a mortgage that many years will likely be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you could request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.
Is there anything unique about your site and alternative internet conveyancing solicitors when it comes to conveyancing in Meopham?
At this site receive an accurate quote from a Solicitor or Licensed Conveyancer that has a full understanding of the nuances for your conveyancing in Meopham. Unlike many estate agents and brokerage sites we do not operate kick-back arrangements with solicitors. A large number of agents and online brokers 'recommend' solicitors that pays the most per referral, as opposed to the best value conveyancing in Meopham
I need to instruct a conveyancing lawyer in Meopham for my purchase. Is there any facility to see a firm’s record with the profession’s regulator?
One may search for documented Solicitor Regulator Association (SRA) determinations resulting from investigations from 2008 onwards. Go to Check a solicitor's record. For records Pre 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, call +44 (0)121 329 6800. The SRA may monitor telephone calls for training requirements.