In what way does my ID and proof of funds have anything to do with my conveyancing in Bembridge? What am I being asked for?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing retainer. The Client Care letter that you need to sign will no doubt reaffirm this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. If you are unwilling to supply identification documents, your solicitor will not be able to take you on as a client.
I am assisting my mother sell her property in Bembridge. Does the conveyancing solicitor order an energy performance certificate or should I organise this?
Following the demise of Home Information Packs, EPC’s was maintained a mandatory part of selling a property. An energy performance certificate needs to be to hand prior to the property being put on the market. This is not as aspect of the sale process that solicitors ordinarily organise. If you are using a Bembridge conveyancing lawyer they may help arrange EPC’s given their contacts with reputable Bembridge accredited person
We previously instructed conveyancers locally in Bembridge on the RBS solicitor panel. They have just invoiced me a separate charge for handling the RBS mortgage. Is this an additional conveyancing fee specified by RBS?
Unfortunately, as long as it is in their Terms and Conditions or estimate then yes your solicitor is entitled to levy a fee for this. This charge is not set by RBS but by your Bembridge property lawyer. Some firms on the RBS panel will levy ’dealing with mortgage’ fee and others do not.
About to purchase flat in Bembridge. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the RBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Bembridge conveyancer is on the RBS conveyancing panel.
I opted to have a survey carried out on a house in Bembridge in advance of retaining lawyers. I have been told that there is a flying freehold aspect to the property. My surveyor advised that some lenders will not give a loan on this type of house.
It varies from the lender to lender. Santander has different requirements for example to Nationwide. If you call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Bembridge. Conveyancing may be slightly more expensive based on your lender's requirements.
My husband and I are new on the property ladder - agreed a price, but the selling agent informed us that the vendor will only proceed if we appoint their preferred conveyancers as they want an ‘expedited deal’. We would rather use a family solicitor used to conveyancing in Bembridge
It is improbable the sellers are driving this. If they require ‘a quick sale', turning down a serious purchaser is likely to cause more damage than good. Contact the owners directly and make sure they comprehend that (a)you are motivated buyers (b)you are ready to progress, with finances arranged © you are chain free (d) you wish to move quickly (e)however you will continue to use your own,trusted Bembridge conveyancing solicitors - rather thanthe ones that will provide the negotiator at the agency a introducer fee or achieve conveyancing figures demanded by head office.
Can you offer any advice when it comes to finding a Bembridge conveyancing firm to deal with our lease extension?
When appointing a conveyancer for lease extension works (regardless if they are a Bembridge conveyancing practice) it is most important that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you make enquires with several firms including non Bembridge conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be helpful:
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How experienced is the firm with lease extension legislation? Can they put you in touch with clients in Bembridge who can give a testimonial?
Bembridge Leasehold Conveyancing - Examples of Questions you should ask before buying
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The majority of Bembridge leasehold apartments will incur a service charge for the upkeep of the block invoiced on behalf of the freeholder. If you purchase the apartment you will have to pay this contribution, normally periodically during the year. This could differ from a couple of hundred pounds to thousands of pounds for blocks with lifts and large common grounds. In all likelihood there will be a ground rent for you to pay yearly, ordinarily this is not a exorbitant amount, say around £25-£75 but you should to enquire it because on occasion it could be many hundreds of pounds. What prohibitions are there in the Bembridge Lease? Who are the managing agents?
I am considering appointing an online conveyancing practitioner as opposed to a Bembridge conveyancing firm. Any advice?
Advantages do exist in being able to attend a local Bembridge conveyancing solicitor for instance
- signing papers and and when necessary
- often being able to speak to someone face-to-face can make a huge difference, particularly for non-standard transactions
- the ability to raise concerns if things are not going as expected
When analysing fees, look carefully for hidden extras. Most decent Bembridge high street solicitors give an all-inclusive figure. Many online companies seem to offer cheap fees, yet have hidden 'extras' in the fine print.