I have just been advised by my estate agent that my Sonning Common the law firm I have appointed is not on the mortgage company Solicitor panel. How can I check?
The best course of action for you to take is to contact your Sonning Common lawyer directly. It is reasonable to expect your lawyer to notify you of the situation. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
All was ready to move into my new home in Sonning Common next Tuesday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the lender. What does the insurance need to cover?
Any lawyer on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook instructions. These obligations are not unique to conveyancing in Sonning Common.
This question may be naive but I am unexperienced as FTB of a ground floor flat in Sonning Common. Do I pick up the keys to the house on completion from my solicitor? If so, I will find a local conveyancing solicitor in Sonning Common?
On the day of completion you do not need to go to the conveyancers office in Sonning Common. Your solicitors will transfer the completion advance to the owner’s lawyers, and once they have received this, you will be called to collect the keys from the property Agents and move into your new home. This tends to happen between 1 and 3pm.
We had appointed conveyancers with offices in Sonning Common on the Lloyds solicitor approved list. They have just invoiced me an additional charge for handling the Lloyds mortgage. Is this an additional conveyancing fee set by Lloyds?
As unfair as it may appear, as long as it’s in their Terms of Engagement or Quote then yes your lawyer is entitled to levy a fee for this. The charge is not set by Lloyds but by your Sonning Common property lawyer. Some firms on the Lloyds panel will quote an ‘acting for lender’ fee and others do not.
The formalities of my purchase has taken place for my property in Sonning Common. Conveyancing was satisfactory but I would like to complain about the lender. How does one go about formally complaining?
Most banks and building societies 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 very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
I have recentlybeen informed that Stirling Law have closed. They carried out my conveyancing in Sonning Common for a purchase of a freehold house 10 months ago. How can I check that my home is not still registered in the name of the previous owner?
The quickest method to see if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Sonning Common conveyancing specialists.
The estate agent has sent us the confirmation of our purchase of a new build flat in Sonning Common. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Sonning Common
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Please supply a car parking plan. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please confirm the Lease plans are architect prepared. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
I pay a maintenance contribution for my appartment in Sonning Common. As a result of personal circumstances I slipped into arrears with remittance. The freeholders agreed a payment schedule but there remains two outstanding as of today.
I now wish to dispose of the property and I am concerned this may threaten to derail the sale if I have to settle the amount due now. I'd like to sell up and then repay the arrears from the proceeds - is this viable?
You should speak with the lawyer handling your Sonning Common conveyancing but it might be possible to arrange for the outstanding amount to be transferred to the purchasers. The final price they pay would be reduced to reflect the amount of debt they assume. They could then discharge the outstanding monies following completion of the purchase.