I am expecting a mortgage offer from Santander. My intention is to employ the services of a Licensed Conveyancer in Romney. Does the Santander Conveyancing panel include Licensed Conveyancers?
The Santander conveyancing panel is, like many other lenders, associated to the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I am need of leasehold conveyancing for a flat in a relatively new development (6 years old) in Romney. 95% of the flats have already been occupied. Is it strictly necessary to order local searches as part of conveyancing in Romney?
A big part of the Romney legal transfer of property is the conveyancing searches. There are a large number of companies conducting Romney conveyancing searches, as well straight from the local authority. These are known collectively as personal search organisation due to them carrying out, personal searches. Nevertheless, all Local Authority Search conveyancing products have one thing in common - they must secure their information from the local authoritative source.
I am assisting my step-mother sell her house in Romney. Will the conveyancer order the energy assessment or should I organise this?
Following the demise of HIPs, energy assessments was maintained a compulsory element of moving property. An EPC should be commissioned in advance of the property being marketed. It is not something that lawyers ordinarily organise. If you are using a Romney conveyancing practitioner they may be willing to arrange energy assessments given their contacts with reputable Romney accredited person
Forgive me if this question is silly but I am wet behind the ears as FTB of a ground floor flat in Romney. Do I collect the keys to the property on completion from my solicitor? If so, I will appoint a High Street conveyancing solicitor in Romney?
On the day of completion you will not be required to go to the conveyancers office in Romney. Conveyancing lawyers for you will arrange to send the completion advance to the seller's solicitors, and once they have received this, you should be invited to receive the keys from the selling Agents and start moving into the property. This tends to happen early afternoon.
Is it the case that all Romney solicitor practices on the Co-operative conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the Co-operative approved list of solicitors they would need to be governed by the Solicitors Regulatory Authority. Some mortgage companies do allow licenced conveyancers on their panel and in such a situation the practice would be overseen by the CLC.
The deeds to my house are lost. The solicitors who did the conveyancing in Romney 5 years ago are no longer around. What are my options?
Nowadays there are duplicates made of almost everything, and your conveyancer should be aware precisely where to look for all the appropriate documentation so you can purchase or sell your house without a hitch. Where duplicates are not available, your solicitor can put in place insurance or indemnities against future claims on your property.
I am buying a new build house in Romney with a loan from Halifax. The developers would not budge the price so I negotiated five thousand pounds worth of additionals instead. The estate agent told me not disclose to my conveyancer about this deal as it would affect my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder 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.
Completion is due on our sale of a £275,000 garden flat in Romney on Wednesday in a week. The landlords agents has quoted £408 for Certificate of Compliance, insurance certificate and previous years service charge statements. Is the landlord entitled to charge such fees for a leasehold conveyance in Romney?
Romney conveyancing on leasehold maisonettes nine out of ten times necessitates administration charges invoiced by landlords agents :
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Answering pre-contract questions
Where consent is required before sale in Romney
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
Romney Leasehold Conveyancing - A selection of Queries before Purchasing
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Is there a share of the freehold? Where a Romney lease has no more than 80 years it will have adverse implications on the salability of the flat. It is worth checking with your bank that they are willing to lend given the lease term. A short lease means that you will probably have to extend the lease at some point and it is worth discovering what this would cost. For most Romneylease extensions you would be be obliged to have been the owner of the premises for 24 months in order to be eligible to extend the lease. It is important to be aware whether fixing the lift or some other significant cost is due in the foreseeable future that will be shared by the leasehold owners and will dramatically impact the level of the maintenance fees or necessitate a specific payment.