Just contacted my conveyancing solicitor in Rainham Kent who conducted the legals 18 months ago asking for a conveyancing quote based on an identical type of home move (a leasehold premises and a freehold property) of similar values with a mortgage from Norwich and Peterborough Building Society. I am now being quoted double. Better the devil I know or do I try and find a cheaper internet conveyancer?
The quote is fractionally on the steep side. If you shop around you may be able to get the conveyancing a bit cheaper by as much as £125. On the other hand, providing that you were pleased with the service the firm offered you mightcome to regret opting for an an untested solicitor. If is important to enquire that the firm can act for Norwich and Peterborough Building Society. Do make use of our search tool to get a quote a Rainham Kent conveyancing firm on the Norwich and Peterborough Building Society approved list of lawyers, which can often include conveyancing solicitors in Rainham Kent.
My husband and I are acquiring a newly constructed duplex in Rainham Kent and my solicitor is advising me that she is duty bound to the lender to reveal incentives from the developer. I am on a tight deadline to exchange and my preference is not to prolong the conveyancing. Is my lawyer right?
You should not exchange unless you have been advised to do so by your conveyancer. 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.
Do I have to have a meeting at the offices of the solicitor to execute the legal charge? If so, I will instruct a firm who offer conveyancing in Rainham Kent so that I can pop in to their offices if required.
As opposed to ten years ago, most lenders no longer need their conveyancing panel lawyer to witness the borrowers signature. You will still be obliged to provide ID documents and there are still distinct benefits to instructing a locally based solicitor, in your situation a conveyancing solicitor in Rainham Kent.
Have just purchased a repossessed house at auction in Rainham Kent. Conveyancing is required. What are my next steps?
Having to all intents and purposes signed on the dotted line you now have to choose a conveyancing solicitor quickly as you now have a pending a fixed date to complete the purchase. Every auction property will ordinarily have a corresponding auction set of papers. This will likely include the copy title deeds, local authority and drainage searches. In the case of leasehold premises the conveyancing pack may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork relating to a leasehold property. You need to give this to your appointed conveyancing solicitor as soon as possible. You also need to ensure that you have funds organised to complete on the date specified in the contract.
I recently had an offer accepted on a house in Rainham Kent. My mortgage broker pressured me to appoint their property lawyer. I paid an on account payment of £225. Not long after, the lawyer contacted me to say that they were not on the Kent Reliance conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Kent Reliance panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I have instructed a Rainham Kent solicitor having made sure that they are on the Barclays conveyancing panel. Does my lawyer arrange the survey of the property?
Barclays will need an independent valuation of the property. Your lawyer will not arrange this. Usually Barclays will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Rainham Kent surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I'm purchasing a new build house in Rainham Kent benefiting from help to buy. The builders refused to budge the amount so I negotiated £7000 of fixtures and fittings instead. The sale representative told me not to tell my solicitor about the deal as it would impact my mortgage with the lender. Do I keep my lawyer in the dark?.
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 am one month into a leasehold purchase having been recommend to solicitors by the local agent to do our conveyancing in Rainham Kent. We are not happy. Can you help me find new solicitors?
They would need to be really bad to suggest replacing them. Has your mortgage been generated? In the event that it has you will need to make them aware of the new contact details and have the mortgage documents are issued to the new lawyers. The conveyancer needs to be on the banks approved list to avoid supplemental costs and delays. So that should be your starting point. Our find a solicitor tool will assist you in finding a lender approved lawyer for your conveyancing in Rainham Kent