Am I correct in assuming that the fact that my conveyancer in Kenton is not on my mortgage company's solicitor panel that there is a problem with the quality of the firm’s work?
That would most likely be a wrong assumption to make. There are all sorts of perfectly plausible explanations. Just recently a report by the solicitors regulator revealed that over three quarters of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should simply call the Kenton conveyancing firm and ask them why they are no longer on the approved list for your lender.
What does my ID and proof of funds have anything to do with my conveyancing in Kenton? What am I being asked for?
Kenton conveyancing solicitors and indeed property lawyers accross the UK have a duty under Anti-terror and anti-money-laundering rules to check the ID of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients will need to supply two forms of certified identification; proof of identity (typically a Passport or Driving Licence) and proof of address (typically a Utility Bill less than 3 months old).
Confirmation of the origin of monies is also necessary in compliance with the money laundering laws as conveyancers are required to check that the funds you are using to purchase a property (whether it be the deposit for exchange or the total purchase monies where you are a cash purchaser) has originated from a reputable source (such as employment savings) rather than the product of criminal activity.
When it comes to mortgage companies such as UBS, do Kenton solicitors incur a fee to be on the list of approved solicitors?
We are not aware of any mortgage company fees to register on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
I am selling my house. I had a double glazing fitted in October 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Aldermore are being a right pain. The Kenton solicitor who is on the Aldermore conveyancing panel is saying indemnity insurance will be fine but Aldermore are insisting on a building regulation certificate. Why do Aldermore have a conveyancing panel if they don't accept advice from them?
It is probably the case that Aldermore have referred the matter to their valuer. The reason why Aldermore may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Planning on purchasing a flat in Kenton. 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 Santander 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 Kenton conveyancer is on the Santander conveyancing panel.
I am downsizing from my property. My previous conveyancers closed down. I am in need of a recommendation of a conveyancing firm. Im based in Kenton if that makes things easier.
Please use our search tool to help you find a solicitor for your conveyancing in Kenton. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
I am in need of some leasehold conveyancing in Kenton. Before diving in I want to be sure as to the remaining lease term.
If the lease is registered - and 99.9% are in Kenton - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Kenton conveyancing firm to represent me?
Where there is a absentee landlord or where there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to make a decision on the amount due.
An example of a Freehold Enfranchisement matter before the tribunal for a Kenton flat is 139/139A Masons Avenue in February 2010. this was a case with an absentee freeholder. As a result the leaseholders applied to Willesden County Court for an order dispensing with the giving of a notice of claim.14th October 2009 District Judge Brar granted a vesting order and the court directed that the matter should be transferred to this tribunal to determine the freehold premium. The tribunal concluded on a figure of £13,000 for the freehold interest This case related to 1 flat. The unexpired lease term was 74 years.
Our bank agreed in principle to grant us a mortgage. We appointed a long established conveyancer in Kenton two days ago. A couple of hours ago, our mortgage adviser contacted us saying that the lender said that we cannot use our solicitor as they aren't on their panel. As novices, we did not have a clue that the lender had some control over our choice Is this legal?
You are permitted to select any conveyencer you want to use for your conveyancing in Kenton nevertheless if they are not on the your bank's panel you will have to pay an extra fee so the bank can retain their own lawyers. On occasion it is conceivable that your solicitor may apply to get included on to the bank panel. Do make the most of internet tools such as lenderpanel.com to find a conveyancing solcitor in Kenton on the lender panel. You can go into your high street bank branch in Kenton. They can recommend conveyancing solicitors in Kenton on the approved list.