My wife and I are purchasing a newly constructed duplex in Meopham and my conveyancer is advising me that she has to the bank to disclose incentives from the developer. I am under pressure to exchange and I don't want to prolong matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
My friend recommended that where I am buying in Meopham I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually quoted for as part of the standard Meopham conveyancing searches. It is not a small report of more than thirty pages, listing and setting out significant information about Meopham around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Meopham Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful data regarding Meopham.
I used Wolstenholmes a few years past for my conveyancing in Meopham. Now, I need the documents but the law firm has closed. What do I do?
You should contact 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 Meopham of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am a couple of weeks into a residential purchase having been recommend to conveyancers by the local agent to perform conveyancing in Meopham. I am am very disappointed with the level of service. Could you you assist me in finding new solicitors?
A conveyancer would have to be really bad in order to consider replacing them. Has your loan offer been sent? If so you need to inform them of the replacement lawyer and ensure the offer are issued to the new lawyers. The solicitor ideally should be on the banks panel to avoid supplemental expenses and delays. That should be your first question of the new lawyers. Our search tool will assist you in finding a bank approved conveyancer for your home move in Meopham
My wife and I may need to rent out our Meopham garden flat for a while due to a career opportunity. We instructed a Meopham conveyancing firm in 2003 but they have closed and we did not think at the time seek any advice as to whether the lease permits subletting. How do we find out?
A small minority of properties in Meopham do contain a provision to say that subletting is only allowed with permission. The landlord is not entitled to unreasonably withhold but, in such cases, they would need to review references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
I purchased a ground floor flat in Meopham, conveyancing was carried out 3 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar flats in Meopham with a long lease are worth £202,000. The average or mid-range amount of ground rent is £60 per annum. The lease finishes on 21st October 2081
With just 57 years unexpired the likely cost is going to range between £28,500 and £33,000 as well as costs.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.
Our lender agreed in principle to issue us a mortgage. We are using a high street conveyancer in Meopham two days ago. Today, our mortgage adviser called to say that the bank said that we cannot use our solicitor as they aren't on their 'approved list'. As novices, we did not have a clue that the mortgage company had some control over our choice Is this permitted?
You are permitted to use any lawyer you want to instruct including the said conveyancer in Meopham nevertheless if they are not on the your lender's panel you must pay additional cost so the mortgage company can instruct their own lawyers. On occasion it is conceivable that your preferred conveyancing firm to get added to the mortgage company list of approved firms. You can use internet tools such as lenderpanel.com to find a conveyancing solcitor in Meopham on the mortgage company panel. You can go into your local lender branch in Meopham. They can recommend conveyancing solicitors in Meopham on the bank panel.