Is the fact that my conveyancer in Billesdon is not identified on my lender's solicitor panel that there is a problem with the standard of his conveyancing?
It would not be wise to jump to that conclusion. There are plenty of reasonable explanations. A recent report by the solicitors regulator revealed that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the Billesdon conveyancing firm and enquire why they are no longer on the approved list for your bank.
We are planning to buy with Coventry BS. I called into a couple of local practices yet am struggling to find a Billesdon conveyancing firm on the Coventry BS approved list. Can you assist?
Please do make use of the find a conveyancing panel solicitor tool on this site. Pick the building society and type Billesdon or your preferred area and you will see numerous conveyancers based in Billesdon or by proximity to you.
is it true that all Billesdon conveyancing solicitors on the Kent Reliance conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Kent Reliance conveyancing panel they would need to be governed by the Solicitors Regulatory Authority. Many banks do allow licenced conveyancers on their panel in which case such firms would be overseen by the Council of Licensed Conveyancers.
The mortgage over my property is with Nottingham for my property in Billesdon. Conveyancing was finalised a year ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Nottingham?
Nottingham must be informed of your intention before letting out your property as this is likely to be a breach of Nottingham’s mortgage conditions. It may be that Nottingham will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Nottingham directly. You need not do this via a Nottingham conveyancing panel lawyer.
I am selling my apartment. I had a double glazing fitted in October 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Nottingham are being pedantic. The Billesdon solicitor who is on the Nottingham conveyancing panel is saying indemnity insurance will be fine but Nottingham are insisting on a building regulation certificate. Why do Nottingham have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nottingham have referred the matter to their valuer. The reason why Nottingham may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I am buying a house and the conveyancer has mentioned Chancel Repair to which the house may be liable as it falls into the area of such a church. She has recommended insurance. Is this strictly required for conveyancing in Billesdon
Unless a previous purchase of the property completed post 12 October 2013 you can expect solicitors conducting conveyancing in Billesdon to continue to recommend a chancel search and or insurance against a claim.
Are there restrictive covenants that are commonly picked up during conveyancing in Billesdon?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Billesdon. 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…’
I’m about to sell my ground floor apartment in Billesdon. Conveyancing solicitors are to be appointed soon, however I have recently had a yearly maintenance charge invoice – what should I do?
Your conveyancing lawyer is likely to suggest that you should pay the service charge as you normally would because all ground rent and maintenance invoices will be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice 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. Having a clear account will assist your cause and will leave you no worse off financially.
Billesdon Leasehold Conveyancing - Examples of Queries Prior to buying
-
Is anyone aware of any major works in the planning that will likely add a premium to the maintenance fees? Is there a share of the freehold? You will want to discover as much as you can regarding the company managing the block as they will either make living at the property much simpler or much more difficult. As the proprietor of a leasehold property you are often in the clutches of the managing agents both financially and when it comes to every day matters such as the upkeep of the communal areas. Enquire of other tenants if they are happy with them. On a final note, be sure you know the dates that you are obliged pay the service charge to the managing agents and specifically what it includes.