My partner and I are looking to buy a home in Southbourne and are in fact using a Southbourne conveyancing practice. Within the last couple of days our conveyancer has forwarded the sale agreement to be signed with a detailed report with the expectation that exchange is imminent. Chelsea Building Society have this evening contacted us to inform me that they have now hit a problem as our Southbourne lawyer is not on their conveyancing panel. Is this a problem?
When purchasing a property with mortgage finance it is normal for the purchasers' lawyers to also act for the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your solicitor should contact your bank and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You don't have to instruct a firm on the lender’s conveyancing panel and you may continue to use your own Southbourne solicitors, in which case it will likely add costs, and it may delay matters as you are adding another lawyer into the mix.
I am need of leasehold conveyancing for an apartment in a relatively new development (6 years old) in Southbourne. The vast majority the properties have already been disposed of. Do I need carry out the local searches for my conveyancing in Southbourne?
If you are buying a property with the assistance of a loan, your lender will insist on some (many) of the searches so you'll have no choice. If not, then Southbourne conveyancing searches are optional. No doubt your conveyancer, will ’encourage’, perhaps in the strongest possible terms, that you should have the searches done, but he or she has a professional duty to do this. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you demand that your lawyer to proceed without searches then your lawyer will have to follow your instructions or it may be necessary to instruct a new lawyer for your conveyancing in Southbourne.
I am planning to acquire a flat and require a conveyancing solicitor in Southbourne who is on the Norwich and Peterborough Building Society approved. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Norwich and Peterborough Building Society in certain locations such as Southbourne. We dont recommend any particular firm.
Just had an offer accepted on a new build apartment in Southbourne. Conveyancing is daunting 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 conveyancing.
Set out below are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Southbourne
-
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
Are there any apps to help search for a Southbourne law firm on the Platform Home Loans Ltd conveyancing panel? I have a car and am prepared to travel upto 20miles to meet the lawyer.
You can use the facility on this page. Please pick a bank and your location and you will see a number of Southbourne conveyancing lawyers based on proximity. We have listed some Southbourne conveyancing firms towards the end of this page and you can contact them to see whether they are on the Platform Home Loans Ltd panel
As a tenant I am liable for a maintenance contribution for my ground floor flat in Southbourne. As a result of flawed financial planning I slipped behind with payments. The managing agents agreed a payment schedule but there is still three thousand pounds currently due.
I want to dispose of the property and I am nervous that this will hold me back if I have to pay off the arrears first. I'd like to sell up and subsequently pay them back with the completion monies - is this practicable?
You should check with the property lawyer undertaking your Southbourne conveyancing but one option may be to agree for the outstanding amount to be transferred to the buyers. The contractual price due would be adjusted to reflect the amount of debt they assume. They would then deal with the fees after completion of the purchase.