I was informed recently by my estate agent that my Sittingbourne the law firm I have appointed is not on the bank Solicitor panel. What can I do to check?
The first thing you need to do is to contact your Sittingbourne lawyer directly. It is reasonable to expect your lawyer to notify you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your lender.
We were just about to sign contracts for a semi detached house in Sittingbourne. We have hit a problem. Our mortgage offer with HSBC Bank runs out on 4/8/2025 but the owners are suggesting a completion date of 6/8/2025. Is it possible to extend the mortgage expiry date?
The person best placed to address this concern is your lawyer who should determine if they corresponding with the mortgage broker, seller’s lawyers, property agents or conceivably all three taking into account what has gone on in your transaction as of today.
My wife and I are buying a house in Sittingbourne. I might seem paranoid but how we can trust a conveyancer? On completion day we have to put funds into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I had a mortgage agreed in principle with Santander. Sittingbourne conveyancing solicitors are appointed. How long does it take for Santander to issue the offer to the conveyancing practitioner?
Some lenders take longer than others. Have Santander done the valuation? Have you advised Santander as to your lawyers' details and checked that your lawyers are on the Santander conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I have decided to exercise my right to buy my property in Sittingbourne off the council. I have a mortgage offer with Nationwide. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Nationwide, you will need to appoint a solicitor on the Nationwide conveyancing panel.
Do commercial conveyancing searches reveal impending roadworks that could impact a commercial site in Sittingbourne?
Its becoming the norm that commercial conveyancing solicitors in Sittingbourne will execute a SiteSolutions Highways report as it reduces the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Sittingbourne. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Sittingbourne.
For every commercial conveyancing transaction in Sittingbourne it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can cause delays to Sittingbourne commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Sittingbourne.
I am buying my first flat in Sittingbourne with a mortgage from Yorkshire Building Society. The sellers would not move on the price so I negotiated five thousand pounds worth of extras instead. The estate agent suggested that I not to tell my solicitor about this extras as it would put at risk my loan with the lender. Should I keep quiet?.
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.
I am using a search engine for the term cheap conveyancing in Sittingbourne it brings up numerous property lawyerslocally. With so much choice what is the best way to find the right conveyancer for purchase transaction?
The ideal method of finding the right conveyancer is through a personal referral, so ask colleagues and those you trust who have purchased a property in Sittingbourne or a reputable estate agent or mortgage broker. Costs for conveyancing in Sittingbourne vary, so it's sensible to request a minimum of three estimates from different solicitors. Make sure that you clarify what costs in the quote includes.