My wife and I are soon to complete buying a house in West Malling but as a consequence of wreckage from the recent storms I have was able negotiate compensation from the vendor of £2k taking the form of a reduction in the price. I had intended this to be dealt with as part of amending the contract however UBS will not agree to this. Why were they informed?
Your conveyancer that is on the UBS approved list is obliged to advise UBS of any changes to the sale price. If you were to refuse your conveyancing practitioner to notify the reduction to UBS then they would have to discontinue acting for you. In addition, UBS and you would have to appoint a new conveyancer for your conveyancing in West Malling.
Why do I have to pay up front for my conveyancing in West Malling?
Where you are retaining lawyers for conveyancing in West Malling your lawyer will request that you place them with funds to cover the search fees. Generally this is asked for to cover the fees of the Local Authority Search. If any deposit is as part of the total price then this should be needed immediately prior to exchange of contracts. The closing balance that is due should be transferred shortly before completion.
Is there a search tool that I can utilise to find out if the solicitor handling my conveyancing in West Malling is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Virgin Money thus spending £192.00 in additional conveyancing fees.
Please do take advantage of the find a conveyancing panel solicitor tool on this web page. Please choose the mortgage company and type ‘West Malling’ or your preferred area and you will discover a number of lawyer offices in West Malling or near you.
What can a local search inform me regarding the house my wife and I purchasing in West Malling?
West Malling conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search company such as Xpress Legal The local search plays an important role in many a West Malling conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your property. The search should supply data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
I completed on my flat on 12 August and my personal details is yet to be registered. Any reason for this? My conveyancing solicitor in West Malling expressed confidence that it should be dealt with inside ten days. Are transfers in West Malling uniquely lengthy to register?
There is nothing unique about conveyancing in West Malling registration formalities. Rather than based on location, timescales can vary according to the party submitting the application, whether there are errors and whether the Land registry need to notify any other parties. Currently approximately 80% of such applications are fully addressed within two weeks but occasionally there can be protracted delays. Historically registration takes place after the purchaser has moved in to the property thus an expedited registration is not usually top priority but where there is a degree of urgency associated with the registration then you or your lawyers could speak with the land registry and explain the circumstances.
Due to the guidance of my in-laws I had a survey completed on a house in West Malling prior to appointing lawyers. I have been advised that there is a flying freehold element to the property. The surveyor has said that some lenders may not give a mortgage on a flying freehold premises.
It varies from the lender to lender. Lloyds has different requirements for example to Halifax. Should you wish to telephone us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in West Malling. Conveyancing will be smoother if you use a solicitor in West Malling especially if they are acquainted with such properties in West Malling.