My wife and I are intending to purchase a 2 bedroom flat in Kenley with a mortgage. We have a Kenley conveyancer, however the bank says he's not on their "panel". It seems we have little option but to select one of the bank panel solicitors or retain our Kenley solicitor as well as pay for one of their panel ones to represent them. This seems very unfair; can we not demand that the lender use our Kenley solicitor ?
Unfortunately,no. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Kenley conveyancing solicitor to apply to be on the conveyancing panel.
My wife and I intend to remortgage our maisonette in Kenley with Nottingham. We have a son 19 who lives with us. Our solicitor has asked us to disclose anyone over the age of 17 other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the apartment is repossessed. I have a couple of questions (1) Is this form unique to the Nottingham conveyancing panel as he never had to sign this form when we purchased 3 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
First, rest assured that your Nottingham conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Nottingham. This is solely used to protect Nottingham if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Nottingham had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
Will conveyancers request money on account for conveyancing in Kenley?
Where you are retaining lawyers for conveyancing in Kenley your solicitor will ask you put them with monies to cover the the cost of the conveyancing searches. Normally this is requested to cover the fees of the conveyancing searches. When the deposit is payable against the purchase price then this should be required shortly in advance of exchange of contracts. Any further balance that is due should be sent to your lawyer shortly before completion.
I am helping my step-mother sell her flat in Kenley. Does the conveyancing solicitor arrange the energy assessment or it is for the owner to see to?
Following the abolition of HIPs, energy performance certificates was kept a compulsory element of moving house. An EPC needs to be commissioned prior to the property being advertised. This is not something that law firms normally arrange. If you are using a Kenley conveyancing practitioner they might help arrange EPC’s due to their contacts with long established local assessors
I am aiming to move home in July. Will my conveyancing solicitor call the removal company on the day of completion. Incidentally, can you put forward a removal company in Kenley. Conveyancing firm was found prior to coming across your website.
On the afternoon of completion you can collect the house keys from your estate agent but this can only happen when the sellers conveyancers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be passed over. Subsequently you will need to tell the removal men that they can start moving you in. As a matter of policy we do not recommend a specific removal organisation but can help you find a residential property solicitor in Kenley or a solicitor with expertise in conveyancing in Kenley.
We expect to receive a OIP from Aldermore this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Aldermore recommend any Kenley solicitors on the Aldermore conveyancing panel, or is it better to go independently?
You will need to appoint Kenley solicitors independently although you'll need to choose one on the Aldermore conveyancing panel. The solicitor represents both you and Aldermore through the process.
Is it necessary to pay for insurance to protect me from financial exposure to chancel repairs when acquiring a house in Kenley?
Unless a previous purchase of the premises took place after 12 October 2013 you could assume that solicitors delivering conveyancing in Kenley to continue to recommend a chancel search and or insurance against a claim.
How does the Landlord & Tenant Act 1954 affect my business offices in Kenley and how can your lawyers assist?
The 1954 Act gives protection to commercial tenants, granting the a statutory right to apply to court for a new tenancy and remain in occupation at the end of the lease term. There are certain specified grounds where a landlord can refuse a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and handle your commercial conveyancing in Kenley