I am expecting a mortgage offer from Santander. I intend to instruct a Licensed Conveyancer in Newport. Does the Santander Solicitor panel allow for Licensed Conveyancers?
The Santander approved solicitor list is, like many other lenders, associated to the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
My wife and I are soon to exchange buying a house in Newport but as a result of damage from a small fire at the property I have was able negotiate recompense from the seller of six thousand pounds by way of a deduction in the price. I had intended this to be dealt with as part of a side agreement but Kent Reliance will not agree to this. Why were they notified?
Any lawyer that is on the Kent Reliance conveyancing panel is obliged to inform Kent Reliance of any variations to the purchase price. If you were to refuse your conveyancing practitioner to disclose the price change to Kent Reliance then they would have to discontinue acting for you. In addition, Kent Reliance and you would have to appoint a new property lawyer for your conveyancing in Newport.
As a first time buyer what is the most important number one tip you can impart about purchase conveyancing in Newport?
You may not hear this from too many lawyers but conveyancing in Newport and elsewhere in England and Wales is often a confrontational experience. Put another way, when it comes to conveyancing there is plenty of room for confrontation between you and others involved in the legal transfer of property. E.g., the vendor, property agent and sometimes the lender. Choosing a solicitor for your conveyancing in Newport should not be taken lightly as your conveyancer is your adviser, and is the SOLE party in the legal process whose interest is to act in your legal interests and to protect you.
Sometimes a third party with a vested interest will attempt to sway you that you should follow their advice. For instance, the estate agent may claim to be helping by claiming that your lawyer is wrong. Or your mortgage broker may try to convince you to do something that is contrary to your lawyers recommendation. You should always trust your lawyer above all other parties in the conveyancing process.
The deeds to my property can not be found. The lawyers who conducted the conveyancing in Newport 4 years ago have long since closed. What are my options?
In today’s world there are copies made of almost everything, and your conveyancer should be aware precisely where to look for all the relevant documentation so you may buy or dispose of your property without a hitch. If copies are not available, your conveyancer can arrange cover in the form of insurance or indemnities protecting you against future claims on your property.
I've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a simple, chain free conveyancing. Newport is where the house is located. Is there any guidance you can impart?
Flying freeholds in Newport are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Newport you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Newport may ascertain 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.
What does commercial conveyancing in Newport cover?
Non domestic conveyancing in Newport covers a broad array of services, given by regulated solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.