My best friend’s brother is a conveyancer. I suspect that I will receive mate’s fee for conveyancing, but if not, what kind of costs should I be expecting for conveyancing in Whitstable?
It’s advisable to get two or three conveyancing estimates. Do use our search tool on this page. The charges may vary but service levels do are distinct between property lawyers as is true with the vast majority of professional services.
All was ready to move into my new home in Whitstable next Tuesday. My conveyancer now wants me to supply her with proof of content and building insurance for the property as he says that he has to check this in his capacity as lawyer for the bank. What risks does the bank expect the insurance to cover?
Any lawyer on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 conditions. These requirements are not specific to conveyancing in Whitstable.
We decided to purchase a newbuild apartment in Whitstable with a residential mortgage from Aldermore.We have a Whitstable conveyancing practitioner but Aldermore informed us she’s not listed on their approved list of member firms. we are left little option but to use a Aldermore panel lawyer or retain our high street solicitor and pay for one of their panel ones to represent them. This seems very unfair; is there anything we can do?
No, not really. The home loan issued to you contains various provisions, one of which will be that conveyancers needs to be on the Aldermore conveyancing panel. Until recently, most banks had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Aldermore
My wife and I are purchasing a house in Whitstable. It might be a silly question but how we can trust a solicitor? On the day of competition we will need to send funds into their account. What protection do we have from them run away with our deposit?
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.
My aunt pointed out to me me that in purchasing a property in Whitstable there may be various restrictions preventing external changes to a property. Is this right?
There are a number of properties in Whitstable which have some sort of restriction or requirement of consent to carry out external changes. Part of the conveyancing in Whitstable should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I was told three weeks ago that my mortgage has been agreed to by Bank of Ireland. Is it usual for Bank of Ireland to only issue the offer once my solicitor in Whitstable is approved on their conveyancing panel? Bank of Ireland have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Bank of Ireland to deal with your lawyer's application to be on the Bank of Ireland conveyancing panel. There's no guarantee that your solicitor will be accepted.
Due to the input of my in-laws I had a survey completed on a house in Whitstable ahead of appointing solicitors. I have been informed that there is a flying freehold overhang to the property. The surveyor has said that some mortgage companies may refuse to give a loan on a flying freehold premises.
It depends who your proposed lender is. Bank of Scotland has different requirements from Nationwide. Should you wish to telephone us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Whitstable. Conveyancing may be slightly more expensive based on your lender's requirements.
Am I better off to go with a Whitstable conveyancing solicitor based in the vicinity that I am buying? We have a good friend who can handle the conveyancing but his firm is located approximately 350kilometers away.
The primary upside of using a local Whitstable conveyancing firm is that you can drop in to execute paperwork, deliver your ID and apply pressure on them if necessary. Having local Whitstable know how is a bonus. That being said it's more important to get someone that will do a good and efficient job. If you know people who used your friend and on the whole were content that must trump using an unknown Whitstable conveyancing lawyer solely due to them being based in the area.