It has come to my attention via my broker that my West Malling solicitor is not on the bank Conveyancing panel. How can I check?
You need to call your West Malling lawyer directly. You lawyer should advise you of the situation. If they are not on the panel they may recommend you to a West Malling conveyancing firm that is on the approved list of lawyers for your mortgage company.
Can I use your services to recommend a Conveyancing solicitor in West Malling even where I’m not purchasing or selling a house, for instance where I wish to buy an office in West Malling with a mortgage from Accord Mortgages Ltd?
Our search tool is predominantly utilised to help choose residential conveyancing solicitors in West Malling but we have listed towards the end of this page some West Malling commercial conveyancing firms. You will need to enquire with the firm directly to check if they can also act for Accord Mortgages Ltd
I have been on the look out for a leasehold apartment up to £195,000 and identified one round the corner in West Malling I like with a park and transport links nearby, the downside is that it's only got 61 years unexpired on the lease. There is not much else in West Malling for this price, so just wondered if I would be making a mistake buying a short lease?
If you need a mortgage that many years will likely be an issue. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least twenty four months you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.
My uncle has suggested that I instruct his conveyancers in West Malling. Should I choose my own solicitor?
Much as we are happy to recommend a West Malling conveyancing lawyer it’s preferable to select a conveyancing lawyer is to seek referrals from friends or family who have actually experience in using the conveyancer that you are considering.
My wife and I purchased a leasehold house in West Malling. Conveyancing and Norwich and Peterborough Building Society mortgage are in place. A letter has just been received from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1992. The conveyancing solicitor in West Malling who previously acted has long since retired. Do I pay?
The first thing you should do is make enquiries of the Land Registry to be sure that this person is in fact the registered owner of the freehold reversion. There is no need to incur the fees of a West Malling conveyancing firm to do this as it can be done on-line for a few pound. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
West Malling Conveyancing for Leasehold Flats - Sample of Queries Prior to Purchasing
How many of the leaseholders are in arrears for their service charge payments? What is the name of the managing agents? Is anyone aware of any major works in the near future that could increase the service costs?
Our lawyer in West Malling has identified a a problem with the lease for the flat we are purchasing in West Malling. The seller’s lawyers have offered defective title insurance as a workaround. We are happy with insurance and will pay for it. Our solicitor has advised that as he is on the lender conveyancing panel he must check that the lender is happy with this solution. Are we the client or is the mortgage company?
Just because you have a mortgage offer from the lender does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your West Malling conveyancing lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook Requirements. You and the lender are the client. The appropriate lender requirements must be adhered to by the lender conveyancing panel who has to balance acting for you and the bank