At what point can the exchange of contracts occur in purchase conveyancing in Erith and do I need to be at the lawyers office?
If you are round the corner to our conveyancing solicitors in Erith you are invited in to sign contracts. That being said, the law practices we work with offer a nationwide conveyancing service and give as equally diligent and professional a job for you when communicating with you electronically. The signing of the contract is not the point of no return. Signing on the dotted line simply enables the solicitor to officially exchange when the time is right, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Erith)to be in the office available at the end of the phone to exchange contracts.
What is the difference between a licensed conveyancer and conveyancing solicitor in Erith
There are two types of lawyers who can perform conveyancing in Erith namely licenced conveyancers or solicitors. Both professionals handle the legal services that you need to complete the disposal or purchase of property. Both are required to execute Erith conveyancing to the same standards and guidelines so you can be safe in the knowledge that your conveyancing will be professionally administered and that all requirements and steps should be correctly followed.
The formalities of my remortgage has taken place for my property in Erith. Conveyancing was a necessary evil but I would like to complain about the lender. How do I make a complaint?
Most lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
Planning on purchasing a apartment in Erith. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Kent Reliance 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 Erith solicitor is on the Kent Reliance conveyancing panel.
Will our lawyer be raising questions concerning flooding as part of the conveyancing in Erith.
The risk of flooding is if increasing concern for conveyancers conducting conveyancing in Erith. There are those who purchase a house in Erith, fully expectant that at some time, it may be flooded. However, aside from the physical destruction, where a property is at risk of flooding, it may be difficult to get a mortgage, suitable insurance cover, or sell the property. Steps can be carried out during the course of a property purchase to forewarn the purchaser.
Lawyers are not qualified to impart advice on flood risk, but there are a various searches that can be initiated by the purchaser or on a buyer’s behalf which should give them a better understanding of the risks in Erith. The standard information sent to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) incorporates a standard inquiry of the seller to find out whether the property has suffered from flooding. If flooding has previously occurred and is not revealed by the vendor, then a purchaser may commence a claim for damages resulting from an misleading reply. A buyer’s lawyers may also carry out an environmental report. This should higlight whether there is a recorded flood risk. If so, additional investigations should be made.
I have justbecome aware that Wolstenholmes have been shut down. They carried out my conveyancing in Erith for a purchase of a leasehold flat 18 months ago. How can I be sure that the property is in my name in the name of the former proprietor?
The easiest method to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Erith conveyancing specialists.
What makes your site different to other online quote calculators when it comes to conveyancing in Erith?
At this site get a fixed fee quote from a Solicitor or Licensed Conveyancer that understands the issues of your conveyancing in Erith. As opposed to estate agents and brokerage sites we do not operate kick-back arrangements with solicitors. Many agents and online brokers 'recommend' the firm that pays the most commission, not the best value conveyancing in Erith
I've found a house that appears to meet my requirements, at a great figure which is making it more attractive. I have subsequently been informed that it's a leasehold as opposed to freehold. I would have thought that there are issues purchasing a house with a leasehold title in Erith. Conveyancing solicitors have are about to be appointed. Will my lawyers set out the implications of buying a leasehold house in Erith ?
The majority of houses in Erith are freehold and not leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can help the conveyancing process. We note that you are buying in Erith so you should seriously consider shopping around for a Erith conveyancing practitioner and check that they have experience in transacting on leasehold houses. First you will need to check the number of years remaining. As a lessee you will not be at liberty to do whatever you want with the house. The lease comes with conditions such as obtaining the freeholder’sconsent to carry out changes to the property. You may also be required to pay a service charge towards the maintenance of the communal areas where the property is located on an estate. Your solicitor should advise you fully on all the issues.
I have had difficulty in trying to purchase the freehold in Erith. Can this matter be resolved via the Leasehold Valuation Tribunal?
You certainly can. We can put you in touch with a Erith conveyancing firm who can help.
An example of a Lease Extension case for a Erith flat is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case was in relation to 13 flats. The number of years remaining on the existing lease(s) was 76 years.