We wanted to use a property lawyer in Wadhurst for our house move. Our broker has since notified us that our mortgage lenders Bank of Scotland won't deal with them. Why is this not regarded as unfair competition?
A bank can require an approved solicitor act for it. You would be liable to meet the charges for this. Try using our tool to locate a solicitor to conduct conveyancing in Wadhurst on the Bank of Scotland member panel.
We are buying a house in Wadhurst. I might seem paranoid but how we can trust a conveyancer? At some point we will need to send money into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Is it the case that all Wadhurst CQS (Conveyancing Quality Scheme) solicitors are on the Yorkshire BS conveyancing panel?
It is true that some banks and building societies now make use of the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their panels.
I currently have a mortgage with Nottingham for my property in Wadhurst. Conveyancing has been completed some time ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Nottingham?
You must advise Nottingham before renting your property as this is likely to be a breach of Nottingham’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Nottingham directly. It should not be necessary to do this via a Nottingham conveyancing panel solicitor.
I was pointed in your direction by two or three local selling agents in Wadhurst to find a conveyancer using your seach tool. What’s the financial inducement for Estate Agents to promote your lawyers rather than a competitor’s?
We don’t make any referral fee for sending work to this site. We thought it would be too underhand to pay a commission because home movers will think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
I am 14 days into a freehold purchase having been referred to solicitors by the high street agent to handle our conveyancing in Wadhurst. I am am starting to be frustrated with the level of service. Can you you assist me in finding new lawyers?
They would have to be really bad in order to consider replacing them. Has your mortgage offer been sent? If so you will need to advise them of the new contact details and ensure the offer are re-sent. Your solicitor ideally needs to be on the lenders approved list to avoid added charges and frustration. So that should be your first question of the new conveyancers. The find a solicitor tool should assist you in finding a bank approved lawyer for your conveyancing in Wadhurst
My partner and I may need to let out our Wadhurst basement flat temporarily due to taking a sabbatical. We used a Wadhurst conveyancing firm in 2004 but they have closed and we did not have the foresight to get any guidance as to whether the lease prohibits the subletting of the flat. How do we find out?
Even though your previous Wadhurst conveyancing solicitor is not around you can review your lease to check if you are permitted to let out the premises. The rule is that if the lease is non-specific, subletting is allowed. There may be a precondition that you are obliged to seek permission via your landlord or some other party prior to subletting. The net result is that you cannot sublet in the absence of first obtaining consent. Such consent must not not be unreasonably turned down. If the lease prohibits you from subletting the property you will need to ask your landlord if they are willing to waive this restriction.
Leasehold Conveyancing in Wadhurst - Sample of Queries before buying
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The majority of Wadhurst leasehold properties will have a service bill for the upkeep of the building levied on behalf of the management company. Should you buy the apartment you will have to meet this liability, usually in instalments throughout the year. This can be anything from several hundred pounds to thousands of pounds for blocks with lifts and large communal grounds. There will also be a rentcharge for you to pay annual, this is usually not a exorbitant amount, say about £25-£75 but you should to enquire it because sometimes it could be many hundreds of pounds. Are any of leasehold owners in arrears of their service charge liability?
I have just had an offer accepted on an apartment in Wadhurst and the estate agent that we are dealing with suggested his lawyer. They quoted £800 including VAT and disbursements. Does this sound steep?
Don't just go on 1 quote. One should obtain like-for-like quotes for your conveyancing in Wadhurst. Then choose one that you trust and just as important, is on the approved list of the lender that you are sourcing your mortgage from.