The Leigh On Sea conveyancing firm that just started acting on my house acquisition in Leigh On Sea have without warning shut down. They were on acting for me because I had to have a lawyer on the Clydesdale conveyancing panel and my previous Leigh On Sea lawyer was not. I gave my credit card details for them to take one hundred and fifty pounds for searches. What should be my next steps?
If you have an estate agent involved then inform them straight away so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Clydesdale conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to assist.
My wife and I are downsizing from our home in Leigh On Sea and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. A high street Leigh On Sea conveyancer would know this is not the case. It does beg the question why the buyers are using a nationwide conveyancing firm as opposed to a conveyancing solicitor in Leigh On Sea. Having lived in Leigh On Sea for many years we know that this is a non issue. Do we contact our local Authority to get confirmation that there is no issue.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
I used Arc property Solicitors several years ago for my conveyancing in Leigh On Sea. I now require my file however the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Leigh On Sea of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I opted to have a survey carried out on a property in Leigh On Sea before retaining lawyers. I have been told that there is a flying freehold element to the property. My surveyor has said that some mortgage companies tend refuse to grant a mortgage on this type of property.
It depends who your proposed lender is. Bank of Scotland has different instructions from Halifax. Should you wish to call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Leigh On Sea. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Leigh On Sea to see if the conveyancing will be more expensive.
I've found a house that appears to tick a lot of boxes, at a great price which is making it all the more appealing. I have just been informed that the title is leasehold as opposed to freehold. I am assuming that there are issues purchasing a leasehold house in Leigh On Sea. Conveyancing advisers have are about to be appointed. Will they explain the issues?
The majority of houses in Leigh On Sea are freehold and not leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can assist with the conveyancing process. It is clear that you are purchasing in Leigh On Sea so you should seriously consider shopping around for a Leigh On Sea conveyancing solicitor and be sure that they are used to dealing with leasehold houses. First you will need to check the unexpired lease term. As a leaseholder you will not be at liberty to do whatever you want with the house. The lease comes with conditions for example obtaining the freeholder’sconsent to conduct alterations. It may be necessary to pay a service charge towards the upkeep of the communal areas where the house is located on an estate. Your lawyer should report to you on the legal implications.
Leasehold Conveyancing in Leigh On Sea - Examples of Queries Prior to Purchasing
Please note if it is no more than eighty years it will affect the marketability of the property. Check with your bank that they are content with remaining years on the lease. Leases with fewer than 80 years remaining means that you will almost definitely have to extend the lease sooner rather than later and you need to have some idea of how much this will be. For most Leigh On Sealease extensions you would be be obliged to have been the owner of the property for two years in order to be legally able to exercise a lease extension. Is the freehold owned collectively by the leaseholders? Who is in charge of the building?
Me and my wife have just had an offer agreed on a property and had an appointment on Monday with Nationwide for the mortgage. They warned us that when it comes to selecting a lawyer that unless they are on their approved panel of property lawyers then we will incur an additional fee of £250+. This is is due to the fact that they will then have to appoint a conveyancer to act on their behalf as well as the one we select for ourselves and we are liable for their invoice. I have requested Nationwide to supply me with a list so I can request estimates only from their approved conveyancers but was told that I need to check with each individual lawyer to see if they are on the panel. Is there a simple way of finding out who is on a lender panel?
Ask Nationwide what their panel criteria is for a conveyancer.Thereafter ask the solicitor of your choice whether they meet the criteria and have they acted on mortgages for Nationwide before. Where the answer to those is yes, then just double check with Nationwide. Alternatively please utilise our search facility and we may be able to locate a conveyancing practitioner in Leigh On Sea on the approved list for Nationwide.