I am getting a offer of a home loan from Santander. I intend to use a Licensed Conveyancer in Westgate on Sea. Does the Santander Solicitor panel exclude Licensed Conveyancers?
The Santander approved solicitor list is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I am acquiring a newly built apartment in Westgate on Sea and my solicitor is informing me that she has to the bank to disclose incentives from the seller. I am nearing the developer’s deadline to exchange contracts and I have no desire to delay deal. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I have been told that property searches are the main cause of hinderance in Westgate on Sea conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published findings of a review by MoveWithUs that conveyancing searches do not feature amongst the common causes of delays in the conveyancing process. Searches are not likely to be the root cause of slowing down conveyancing in Westgate on Sea.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Westgate on Sea?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Westgate on Sea. 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 can the Landlord & Tenant Act 1954 impact my commercial premises in Westgate on Sea and how can you help?
The particular law that you refer to gives security of tenure to business leaseholders, granting the dueness to make a request to court for a renewal tenancy and remain in occupation at the end of an expired lease. There are certain specified grounds that 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 assist with commercial conveyancing in Westgate on Sea
Why is New Build conveyancing in Westgate on Sea more costly?
Buying a new build home is completely distinct from the normal house purchase conveyancing in Westgate on Sea. For a start developers normally demand contracts to exchange inside a short timeframe, the result being a lot of pressure on your property lawyer to make sure everything is in order. In addition new build conveyancing often involve the checking of adoption of highways, drains, planning considerations, building warranties or architects certificates. Mortgage lender requirements are also more demanding. Due to the complex nature of the process for these types of properties, the conveyancing new build fees are higher than normal.