I am hoping to receive a mortgage offer from Nat West. I intend to retain the legal services of a Licensed Conveyancer in Canvey Island. Does the Nat West Solicitor panel include Licensed Conveyancers?
The Nat West conveyancing panel is, like many other lenders, associated to the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
My wife and I have just acquired a house in Canvey Island. We have noticed several problems with the house which we consider were overlooked in the conveyancing searches. Do we have any recourse? Can you clarify the nature of searches that needed to have been carried out for conveyancing in Canvey Island?
It is not clear from the question as to the nature of the problems and if they are relate to conveyancing in Canvey Island. Conveyancing searches and investigations undertaken during the legal transfer of property are designed to help avoid problems. As part of the legal transfer of property, the vendor answers a form called a Seller’s Property Information Form. answers turns out to be inaccurate, you could possibly take legal action against the owner for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Canvey Island.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Canvey Island. My lender is Tesco Bank
Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 9/4/2021, the requirements read as follows :
Have completed on a a terraced house in Canvey Island , how long will it take for the Land Registry to register the transfer to my name? My Canvey Island conveyancing solicitor works at snail pace, so I want to be sure that my purchase is recorded.
As far as conveyancing in Canvey Island is concerned, registration is no faster or slower than the rest of the country. As opposed to being determined by geographic area, timescales can differ subject to the party submitting the application, whether it is in order and if the Land registry must send notices to any interested persons or bodies. Currently in the region of 80% of such applications are fully addressed in less than three weeks but some can be subject to longer delays. Registration occurs once the buyer has moved in to the property so registration formalities is not usually primary concern but if it is urgent that the the registration takes place urgently then you or your lawyers can communicate with the Registry to express the reasoning for the application to be prioritised.
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a straight forward, no chain conveyancing. Canvey Island is the location of the property. Is there any advice you can give?
Flying freeholds in Canvey Island are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Canvey Island you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Canvey Island may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Am I right to be concerned that estate agents that I am dealing with are suggesting a web based conveyancing firm as opposed to a High Street Canvey Island conveyancing company?
As is the case with many professional services, often referrals from family and friends can be worth their weight in gold. Yet there are many parties with a vested interest in a conveyancing matter; estate agents, financial adviser and banks may put forward solicitors to appoint. Sometimes the conveyancers might be known to one of the organisations as one of the best in their field, but sometimes there exists a commercial relationship behind the recommendation. You have the discretion to appoint your preferred lawyer. You need to be aware that the majority of lenders have an approved list of law firms you have to use for the mortgage related work in your transaction.