Much to our surprise we have been informed by our estate agent that my Kemp Town solicitor is not on the lender Conveyancing panel. What can I do to be certain whether this is indeed the case?
Your first step should be to contact your Kemp Town lawyer directly. You lawyer should inform you of the situation. Where they are not on the panel they may recommend you to a Kemp Town conveyancing practice that is on the conveyancing panel for your lender.
We have very pushy sellers who has recommended a lock out contract with a down payment 6,000. Is it wise to enter into such agreements?
This form of arrangement isn't common in Kemp Town, conveyancers will often try and steer clients away from them as they detract from focusing on the primary objective, namely conveyancing and if you end up losing your deposit then the lawyer is left exposed. Furthermore, there is no certainty that just because the vendor has executed a lock out agreement they will complete the sale with you. They may breach the contract if they are offered a big enough incentive to do so because an aggrieved buyer with the benefit of a exclusivity agreement will still be obliged show losses as a consequence of the breach and this may not compare to the extra amount that the owner may secure by breaking the agreement, no matter how morally unworthy the behaviour is.
It is a dozen years since I purchased my property in Kemp Town. Conveyancing lawyers have just been retained on the sale but I am unable to locate the title deeds. Is this a major issue?
You need not be too concerned. First the deeds may be kept by the mortgage company or they may still be with the conveyancers who handled your purchase. Secondly in most cases the land will be recorded at the land registry and you will be able to prove you own the property by your conveyancing lawyers procuring up to date copy of the land registers. Most conveyancing in Kemp Town involves registered property but in the unlikely event that your property is not registered it is more problematic but is resolvable.
I am buying a flat and need a conveyancing solicitor in Kemp Town who is on the Britannia approved. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Britannia in certain locations such as Kemp Town. We dont recommend any particular firm.
I am assisting my sister sell her flat in Kemp Town. Will the conveyancer order the energy performance certificate or do I organise this?
After the demise of Home Packs, energy assessments was kept a required part of selling a house. An EPC needs to be to hand in advance of the property being marketed. It is not as aspect of the sale process that solicitors ordinarily organise. Where you are instructing a Kemp Town conveyancing practitioner they may be able to arrange EPC’s given their contacts with long established Kemp Town assessors
Is there a list of Virgin Money panel conveyancers in Kemp Town on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association sites. Very few lenders make their panel listings viewable online. Where you are seeking to appoint a Kemp Town solicitor on the Virgin Money please make the most of our tool.
We have agreed to purchase a house in Kemp Town. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender UBS be concerned?
As you are obtaining a mortgage with UBS your lawyer must comply with the conveyancing requirements outlined in Section 2 of UK Finance Lenders’ Handbook for UBS. The Council of Mortgage Lenders’ Handbook stipulates minimum specifications for solar panel roof-space leases, and conveyancing practitioners are required to report to UBS where a lease fails to satisfy these provisions. The conditions relate to the installation of panels on properties in England and Wales and is not limited to Kemp Town.
Looking forward to exchange soon on a basement flat in Kemp Town. Conveyancing lawyers inform me that they are sending me a report next week. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Kemp Town should include some of the following:
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You should know if the lease allows you to change or upgrade aspects of the property- you must be made aware as to whether any restrictions relates to all alterations or just structural alteration, and whether licences for alterations is mandated necessary The total ownership of the premises. This could be the apartment itself but may include a roof space or storage are if applicable. Are you allowed to have a pet in the flat? if lease has a provision for a reserve account for major repairs? Who has the liability for repairing the window frames
Kemp Town Leasehold Conveyancing - Sample of Questions you should consider Prior to buying
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Where a Kemp Town lease has no more than eighty years it will affect the value of the apartment. It is worth checking with your bank that they are willing to go ahead with the loan given the lease term. A short lease means that you will almost definitely have to extend the lease sooner rather than later and you need to have some idea of what this will be. Remember, in most cases you would be be obliged to have been the owner of the premises for two years before you are legally able to extend the lease. How is the lease structured?