As someone with no idea as to conveyancing in Parkstone what is the number one tip you can impart for the house moving process in Parkstone
You may not hear this from too many lawyers but conveyancing in Parkstone and elsewhere in Dorset is an adversarial experience. Put another way, when it comes to conveyancing there exists plenty of room for conflict between you and other parties involved in the legal transfer of property. For example, the vendor, property agent and on occasion your lender. Appointing a solicitor for your conveyancing in Parkstone should not be taken lightly as your conveyancer is your adviser, and is the ONE party in the process whose responsibility is to act in your legal interests and to keep you safe.
There is a definite creep of a "blame" culture- someone must be blamed for the process taking so long. We recommend that you must always trust your conveyancer ahead of the other parties in the conveyancing process.
I am considering applying for a Santander mortgage for purchase of a new build (under development) in Parkstone with 70% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Santander ?
In theory, you could use a solicitor that is not on the Santander conveyancing panel, but Santander would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
We have a mortgage agreed in principle with Leeds Building Society. Parkstone conveyancing solicitors were selected. What is the average time that one could expect to receive a mortgage offer from Leeds Building Society?
There is no definitive answer here. Have Leeds Building Society conducted the valuation? Have you advised Leeds Building Society as to your lawyers' details and checked that your lawyers are on the Leeds Building Society conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
The formalities of my purchase has taken place for my property in Parkstone. Conveyancing was satisfactory but I would like to complain about the lender. How do I make a complaint?
Almost all lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
It is unclear whether my mortgage offer requires a lease extension. I have called into my local Parkstone building society branch on numerous occasions and was told they are content with the situation and they will lend. My Parkstone conveyancing solicitor - who is on the lender conveyancing panel- telephoned to say that they refuse to lend based on their published requirements. Who do I believe?
As long as the property lawyer is on the bank approved list, she or he must adhere to the Council of Mortgage Lenders’ Handbook specifications for the bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
I know that there are debates on Chancel Insurance on online forums. Am I compelled to have this when purchasing a house in Parkstone? or Apparently there is a law dating back centuries that means some homeowners residing in a parish church boundary may be liable to pay for repairs towards the chancel within the church. Is this suitable for conveyancing in Parkstone?
Unless a prior acquisition of the property took place post 12 October 2013 you can assume that solicitors handling conveyancing in Parkstone to remain encouraging a chancel search and or chancel repair liability insurance.
I used Arc property Solicitors several years ago for my conveyancing in Parkstone. I now require my file but cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate 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 Parkstone 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 looking for a ground for flat up to £195,000 and found one close by in Parkstone I like with amenity areas and station in the vicinity, the downside is that it's only got 49 years unexpired on the lease. There is not much else in Parkstone for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you need a home loan that many years will likely be problematic. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of twenty four months you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.