My husband and I are purchasing a brand new duplex in Bearsted and my solicitor is advising me that she has to the bank to disclose incentives from the developer. I am under pressure to exchange and I would rather not prolong the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We are purchasing a property and need a conveyancing solicitor in Bearsted who is on the Kent Reliance approved panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Kent Reliance . We don't recommend any particular firms conducting conveyancing in Bearsted.
This question may be naive but I am unexperienced as FTB of a two bedroom flat in Bearsted. Do I receive the keys to the property on the completion date from my solicitor? If so, I will find a local conveyancing solicitor in Bearsted?
On the day of completion you do not need to go to the conveyancers office in Bearsted. Conveyancing lawyers for you will transfer the purchase money to the seller's lawyers, and once they have received this, you will be called to pick up the keys from the Estate Agents and move into your new home. This tends to happen early afternoon.
We have agreed to purchase a house in Bearsted. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Yorkshire BS be concerned?
Given that you are obtaining a mortgage with Yorkshire BS your lawyer must follow the formal instructions set out in Part 2 of UK Finance Lenders’ Handbook for Yorkshire BS. The CML Handbook stipulates minimum requirements for solar panel roof-space leases, and property lawyers are required to report to Yorkshire BS where a lease does not satisfy these conditions. The conditions relate to the installation of panels on properties nationwide and is not restricted to Bearsted.
After much negotiation I have agreed a price on a house in Bearsted. My mortgage broker suggested a solicitor. I paid an advanced payment of £200. A couple of days later, the conveyancing practitioner contacted me embarrassingly acknowledging that they were not on the Co-operative conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Co-operative panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
My wife and I have a semi-detached Victorian house in Bearsted. Conveyancing solicitor acted for me and Accord Mortgages Ltd. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold with the matching property. If a house is not a freehold shouldn't I have been informed?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bearsted and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the situation with your conveyancing lawyer who conducted the conveyancing.
Just had an offer accepted on a new build flat in Bearsted. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Bearsted
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
My father has suggested that I use his conveyancing solicitors in Bearsted. Should I choose my own property lawyer?
No doubt the ideal way to find a conveyancing solicitor is to get referrals from friends or relatives who have used the firm you're considering.