I had intended to instruct a conveyancing solicitor in Isle of Sheppey for our house purchase. Our financial adviser informed us that our mortgage lenders Coventry Building Society won't deal with them. Surely this is unfair competition?
A mortgage company may insist on a panel solicitor act for it. You would be liable to meet the charges for this. Do use our directory service to find a solicitor to carry conveyancing in Isle of Sheppey on the Coventry Building Society approved list of solicitors.
It has been four months since my purchase conveyancing in Isle of Sheppey took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Is it possible to switch firm as I need to select one who is on the Nationwide Building Society conveyancing panel. I had appointed a local conveyancing solicitor in Isle of Sheppey five minutes from me but she is not accepted by Nationwide Building Society
It would be our pleasure to assist you select a conveyancing solicitor in Isle of Sheppey on the Nationwide Building Society panel. Please note that the law firms that we work with do not pay us fee if you instruct them and are regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Isle of Sheppey. Using search facility on this site, you can contrast charges for conveyancing solicitors in Isle of Sheppey and throughout England and Wales.
We're novice buyers - had an offer accepted, yet the selling agent told us that the owners will only go ahead if we appoint their preferred conveyancers as they need a ‘quick sale’. Our preferred option is to instruct a local solicitor with experience of conveyancing in Isle of Sheppey
It is improbable the owners are driving this. If they desire ‘a quick sale', alienating a motivated buyer is likely to cause more damage than good. Speak to the owners direct and make the point that (a)you are genuine purchasers (b)you are ready to progress, with finances in place © you are unencumbered (d) you intend to proceed fast (e)but you intend to instruct your own,trusted Isle of Sheppey conveyancing solicitors - not the ones that will provide their estate agent a introducer fee or meet his conveyancing targets demanded by senior management.
I've recently bought a leasehold house in Isle of Sheppey. Do I have any liability for service charges relating to a period prior to my ownership?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Isle of Sheppey Conveyancing for Leasehold Flats - A selection of Questions you should ask Prior to Purchasing
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Most Isle of Sheppey leasehold flats will have a service charge for the upkeep of the block levied on behalf of the management company. If you buy the flat you will have to meet this liability, normally in instalments accross the year. This can differ from several hundred pounds to thousands of pounds for blocks with lifts and large common areas. In all likelihood there will be a rentcharge to be met yearly, this is usually not a significant amount, say about £50-£100 but you should to enquire as on occasion it can be surprisingly expensive. You should want to discover as much as possible about the company managing the block as they will either make life much easier or problematic. Being a leasehold owner you will be in the clutches of the managing agents from a financial perspective and when it comes to practical matters like the tidiness of the communal areas. Don't be afraid to ask other tenants if they are happy with their management. On a final note, find out the dates that the service charges are due to the relevant party and specifically what you get for your money. Does the lease contain onerous restrictions?
I'm remortgaging a property in Isle of Sheppey. I have found my conveyancer's company on the CLC list, but I can't locate my lawyer's name on the list. Is this a big problem?
Not all staff in the practice must be listed by the regulator. As long there is someone qualified to 'oversee' the transaction, the actual day-to-day activity can be conducted by unqualified staff.