I was informed today by my broker that my Ramsgate the law firm I have appointed is not on the mortgage company Conveyancing panel. How can I check?
The best course of action for you to take is to contact your Ramsgate conveyancer. You lawyer should advise you of the situation. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
We note that you have a search directory listing solicitors on the Principality conveyancing panel. Do companies pay you a referral fee if I instruct them for our own conveyancing in Ramsgate?
We are a listing service only for law firms wishing to communicate if they are on the Principality conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Ramsgate.
There are numerous conveyancing solicitors in Ramsgate but how do I know who I should use?
It would be unwise to be seduced by the lowest Ramsgate conveyancing costs illustration. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
We have agreed to purchase a house in Ramsgate. One unusual aspect is that the roof has a solar panel. Nationwide have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Nationwide your lawyer must comply with the conveyancing requirements contained in Section 2 of UK Finance Lenders’ Handbook for Nationwide. The CML Handbook includes minimum provisions for solar panel roof-space leases, and solicitors are required to report to Nationwide where a lease fails to satisfy these conditions. The conditions relate to the installation of panels on properties countrywide and is not limited to Ramsgate.
I have finally had an offer on a maisonette in Ramsgate agreed to, the vendors do nevertheless have an associated purchase. The owners have offered on a property, however it’s not been accepted yet, and are looking at other properties booked. I have instructed a nearby conveyancing solicitor in Ramsgate. What do I do now? At what point should I apply for the mortgage with Principality?
It is understandable to have concerns where there is a chain as you are unlikely to want to incur costs prematurely (mortgage application is in the region of £1k, then valuation, Ramsgate conveyancing search charges, etc). First, you should ensure that your conveyancer is on the Principality approved list. Concerning the next stages this very much depends on the uniqueness of your transaction, attraction to the property and on the state of the market. During a rising market some buyers would apply for the mortgage with Principality and pay for the valuation and only if it was satisfactory would they pay their lawyer to move forward with the conveyancing in Ramsgate.
I own a 4 bedroom Victorian house in Ramsgate. Conveyancing solicitor represented me and National Westminster Bank. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold under the matching property. If a house is not a freehold shouldn't I have been informed?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Ramsgate and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with the conveyancing practitioner who carried out the work.
I'm buying my first flat in Ramsgate with a mortgage from Barclays Direct. The builders would not budge the price so I negotiated 6k of additionals instead. The house builders rep suggested that I not reveal to my conveyancer about the extras as it could jeopardize my mortgage with the bank. Should I keep quiet?.
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.
As co-executor for the will of my uncle I am selling a property in Newport but reside in Ramsgate. My conveyancer (who is 260 kilometers awayneeds me to execute a statutory declaration ahead of completion. Could you suggest a conveyancing solicitor in Ramsgate who can attest this legal document for me?
strictly speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are located in Ramsgate