Can the conveyancing lawyers identified via your search tool perform attended exchange conveyancing in Paddock Wood?
There are a few conveyancing specialists who can conduct personalised exchanges. Do call us to obtain a conveyancing quote and details as to dates.
Are the Paddock Wood conveyancing solicitors identified as being on the Coventry BS conveyancing panel, together with their details provided by Coventry BS?
Paddock Wood conveyancing firms themselves provide us confirmation that they are on the Coventry BS conveyancing panel as opposed to being supplied with a list from Coventry BS directly.
My lawyer has informed me that restrictive coveneant insurance is required on my purchase. What is the level of cover for Paddock Wood conveyancing?
The right level of restrictive coveneant indemnity insurance should be dictated by who your lender. It would differ for example between National Westminster Bank and The Mortgage Works. Conveyancing lawyers as opposed to members of the public take out such insurances.
Is it the case that all Paddock Wood CQS (Conveyancing Quality Scheme) solicitors are on the Aldermore conveyancing list of approved firms?
It is true that some banks and building societies now utilise CQS as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to join their panels.
I am selling my apartment. I had a double glazing fitted in May 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Kent Reliance are being difficult. The Paddock Wood solicitor who is on the Kent Reliance conveyancing panel is saying indemnity insurance will be fine but Kent Reliance are requiring 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.
How does conveyancing in Paddock Wood differ for newly converted properties?
Most buyers of new build property in Paddock Wood contact us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is built. This is because developers in Paddock Wood usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Paddock Wood or who has acted in the same development.
Should I go with a Paddock Wood conveyancing solicitor in close proximity to the house I am buying? I have an old university friend who can deal with the conveyancing but his firm is located 200miles away.
The primary upside of using a local Paddock Wood conveyancing practice is that you can attend the office to sign documents, hand in your identification documents and apply pressure on them where appropriate. They will also have local intelligence which is a benefit. That being said it's more important to get someone that will do a good and efficient job. If other friends have used your friend and the majority were content that must trump using an unknown Paddock Wood conveyancing solicitor just because they are local.
I today plan to offer on a house that seems to tick a lot of boxes, at a reasonable price which is making it more attractive. I have just discovered that the title is leasehold rather than freehold. I am assuming that there are particular concerns purchasing a leasehold house in Paddock Wood. Conveyancing solicitors have are about to be appointed. Will they explain the issues?
Most houses in Paddock Wood are freehold and not leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can assist with the conveyancing process. We note that you are buying in Paddock Wood in which case you should be looking for a Paddock Wood conveyancing solicitor and check that they have experience in transacting on leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a lessee you will not be at liberty to do whatever you want to the property. The lease comes with conditions such as requiring the freeholder’sconsent to conduct changes to the property. You may also be required to pay a service charge towards the upkeep of the estate where the property is located on an estate. Your conveyancer will appraise you on the various issues.
Paddock Wood Leasehold Conveyancing - Sample of Queries Prior to Purchasing
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Is there a share of the freehold? What prohibitions are contained in the Paddock Wood Lease? Who takes charge for maintaining and repairing the block?