I am not in a position to travel far from Benfleet. Is there a reason why all Benfleet conveyancers are not on all mortgage company panels?
Before the recession most mortgage companies displayed an approach to risk which is different from today. The financial regulator in 2010 instigated a thematic review into property fraud which in summary warned lenders: know the solicitors on your panel. As a result, lenders have subsequently soughtmore data from law firms regarding their processes and the individuals who work for them and set certain criteria such as completing a minimum amount of transactions. Thousands of firms have found themselves excluded from lender panels even though they had an exemplary track record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Many firms were never going to meet the criteria of amount of transactions the lenders insisted on.
We note that you have a post code search directory listing law firms on the HSBC conveyancing panel. Do firms pay you a referral fee if I appoint them for our own conveyancing in Benfleet?
We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Benfleet.
My uncle passed away 10 months ago and as sole heir and executor I was left the property in Benfleet. The house had a relatively small loan left on it of around £8000. I want to have the title changed into my name whilst I re-mortgage to Co-operative, pay off the mortgage. Is this possible?
Where you plan to refinance then Co-operative will insist on your using a conveyancer on the Co-operative conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Co-operative conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Co-operative mortgage is registered as a charge at the Land Registry.
What does commercial conveyancing in Benfleet cover?
Benfleet conveyancing for business premises incorporates a wide array of services, supplied by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
I am thinking of appointing a conveyancing solicitor in Benfleet for my remortgage. Is it possible to check a firm’s complaints history with the profession’s regulator?
Anyone may read presented Solicitor Regulator Association (SRA) decisions arising from investigations from 2008 onwards. Visit Check a solicitor's record. For records about the period before 1 January 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The regulator could recorded telephone calls for training requirements.
I have just started marketing my 2 bed apartment in Benfleet. Conveyancing is yet to be initiated, however I have recently had a yearly maintenance charge invoice – what should I do?
The sensible thing to do is discharge the service charge as normal given that all rents and maintenance invoices will be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
Leasehold Conveyancing in Benfleet - Sample of Queries Prior to buying
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The answer will be important as a) areas may result in problems in the block as the communal areas may begin to deteriorate where services are not paid for b) if the tenants have a dispute with the managing agents you will need to have full disclosure For many Benfleet leaseholds the cost for major works tend not to be included within maintenance charges, although some managing agents in Benfleet require tenants to contribute towards a reserve fund and this is used to offset against larger works. Who is in charge of the building?