Is it possible for conveyancing in Kingsdown to be finalised within two weeks?
In the event that the seller is applying a tight deadline to sign contracts it is highly recommended that your solicitor is familiar with the area as they will have local contacts and intelligence. It is possible that they would have conducted otherproperties in the same road. Therefore consider using a Kingsdown conveyancing solicitor. In addition, make sure that the conveyancing firm is on the member panel. It is understood that just under twenty per cent of Kingsdown conveyancing transactions are suspended or derailed after finding out that a buyer’s solicitor was not on their banks member panel. In many cases this discovery resulted in the home move being frustrated by as much as 21 days. It is said that this issue impacts in the region of 100,000 home sales every year. Almost all Kingsdown conveyancing practices can not represent certain lenders so do check as early as possible.
Having spent time reading mumsnet.com for a conveyancing lawyer in Kingsdown, most advise that I should look for a CQS accredited lawyer. Can you explain what CQS is?
The Conveyancing Quality Scheme (CQS) provides a kitemark for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * compliance with best practice conveyancing processes through the scheme protocol the standard covers numerous firms who carry out conveyancing in Kingsdown.
What is the difference between a licensed conveyancer and conveyancing solicitor in Kingsdown
There are many recorded licenced Conveyancers in Kingsdown and Solicitor practices in Kingsdown to choose from It is important to make clear that both are supervised by regulatory bodies with both specialising in the legal aspects of transferring property. They may both also deal with other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
I am selling my apartment. I had a double glazing fitted in May 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, RBS are being pedantic. The Kingsdown solicitor who is on the RBS conveyancing panel is recommending indemnity insurance as a solution but RBS are insisting on a building regulation certificate. Why do RBS have a conveyancing panel if they don't accept advice from them?
It is probably the case that RBS have referred the matter to their valuer. The reason why RBS 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.
Kent Reliance have agreed my mortgage in principle, my offer on a house in Kingsdown has been accepted, now what?
The property agent will need to be advised as to your solicitor's details (ensure that the lawyers are on the bank’s panel). Contact Kent Reliance or your financial adviser and complete any relevant documentation. Kent Reliance will sellect a valuer who will get in touch with the selling agent or seller to book a slot for the valuation to happen. Once carried out (assuming no problems) it takes approximately a week to get a mortgage offer. Kent Reliance will issue the offer to you and your property lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Kingsdown.
How does conveyancing in Kingsdown differ for new build properties?
Most buyers of new build premises in Kingsdown approach us having been asked by the builder to sign contracts and commit to the purchase even before the residence is built. This is because developers in Kingsdown tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Kingsdown or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a property in Kingsdown ahead of appointing solicitors. I have been informed that there is a flying freehold element to the house. The surveyor has said that some lenders tend not give a loan on such a property.
It depends who your proposed lender is. Bank of Scotland has different instructions from Nationwide. Should you wish to call us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Kingsdown. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Kingsdown to see if the conveyancing will be more expensive.
I need to retain a conveyancing solicitor for remortgage conveyancing in Kingsdown. I happened to land on a site which seems to have the perfect offering If it is possible to get all this stuff completed via phone that would be preferable. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?