Unfortunately I am unable to travel far from Westerham. Is there a reason why all Westerham conveyancers are not on all bank panels?
As inequitable as it may appear for mortgage companies to limit who can act for them, from the public’s or conveyancer’s perspective, the the contrary view is that lenders are becoming ever more anxious and regard it crucial to defend themselves from illegal activities. As a consequence of this concern lenders are limiting their panel of approved conveyancing lawyers to a size that they are happy to control.
I am acquiring a property mortgage free in Westerham. I have been living for the last 15 years in Westerham. Conveyancing searches are expensive. As I know the road and vicinity intimately must I have all the conveyancing searches?
If you not getting a home loan, then the vast majority of the Westerham conveyancing searches are optional. Your lawyer will ’encourage you, no-doubt strongly, that you should have searches carried out, but she is duty bound to do this. Do take into account; if you are intend to dispose of the house in the future, it could be of interest to your prospective buyer what the searches determine. Sometimes properties with day to day issues can still reveal unexpected search results. A competent conveyancing solicitor in Westerham should provide you some helpful guidance here.
Please explain the implications if my solicitor is suspended from the Nationwide Solicitor panel ahead of completing my conveyancing in Westerham?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
Are there restrictive covenants that are commonly identified as part of conveyancing in Westerham?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Westerham. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Westerham differ for newly converted properties?
Most buyers of new build residence in Westerham contact us having been asked by the developer to sign contracts and commit to the purchase even before the residence is constructed. This is because new home sellers in Westerham typically acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Westerham or who has acted in the same development.
In what way can the Landlord & Tenant Act 1954 impact my business premises in Westerham and how can your lawyers assist?
The particular law that you refer to gives a safeguard to business leaseholders, giving them the legal entitlement to apply to court for a continuation of occupancy at the end of an expired lease. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing firms who use the act for protection and handle your commercial conveyancing in Westerham