We selected a Rochester based firm for our conveyancing in Rochester recently. After carefully reading the Terms it is apparent thatwe are liable for charges even where the conveyance does not complete. Should I go with them or appoint a web based lawyer advertising no-sale-no-fee conveyancing in Rochester?
It is usually a trade off in that if "No Completion No Fee" is available then the fee levels will tend to be be uplifted to counteract the transactions that do not proceed. Do bear in mind that these offerings generally do not protect you from disbursements e.g. Rochester conveyancing search charges.
The property market in Rochester is hotting up. What can I do to quicken up the buying process?
Where the seller is applying pressure to exchange we would recommend that your conveyancer is familiar with the area as they will benefit local contacts and intelligence. It is even conceivable that they would have handled otherproperties in the same neighbourhood. Therefore consider using a Rochester conveyancing solicitor. In addition, make sure that the conveyancing firm is on the on the approved list for your mortgage company. It is said that nearly one in five of Rochester conveyancing transactions are suspended or derailed after finding out that a purchaser’s lawyer was not on their banks member panel. This can often result in the conveyancing being frustrated by as much as 21 days. It is estimated that this issue impacts approximately 100,000 home moves annually. Many Rochester conveyancing practices can not act for certain banks so do check at the outset.
Can I use your services to recommend a Conveyancing solicitor in Rochester even where I’m not buying or selling a house, for example if I want to acquire an office in Rochester with a mortgage from The Mortgage Works?
Our search tool is mainly used to help choose residential conveyancing solicitors in Rochester but we have listed at the end of this page some Rochester commercial conveyancing firms. You will need to make contact with the firm directly to see if they can also act for The Mortgage Works
My aunt advised me that in buying a property in Rochester there may be a number of restrictions as to what one can do in terms of external changes to a property. Is this right?
We are aware of a number of properties in Rochester which have some sort of restriction or requirement of consent to execute external changes. Part of the conveyancing in Rochester should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I recently had an offer agreed on an apartment in Rochester. My mortgage broker suggested a solicitor. I paid an upfront payment of £200. Shortly after, the conveyancer called me sheepishly admitting that they were not on the TSB 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 TSB 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 am selling my apartment. I had a double glazing fitted in October 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Bank of Ireland are being a right pain. The Rochester solicitor who is on the Bank of Ireland conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Bank of Ireland are requiring a building regulation certificate. Why do Bank of Ireland have a conveyancing panel if they don't accept advice from them?
It is probably the case that Bank of Ireland have referred the matter to their valuer. The reason why Bank of Ireland 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.
Despite weeks of looking the Title Certificate and documents to our house are lost. The solicitors who dealt with the conveyancing in Rochester 5 years ago have long since closed. What are my options?
You no longer need to have the physical original deeds to prove you are the registered proprietor of land or premises, given that the Land Registry hold details of all registered land or property electronically.
I have been on the look out for a leasehold apartment up to £305k and found one close by in Rochester I like with a park and railway links nearby, the downside is that it only has 51 years on the lease. There is not much else in Rochester for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you require a mortgage the remaining unexpired lease term will be problematic. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this.