Me and my partner are about to complete buying a house in Abridge but as a result of wreckage from the recent storms I have was able negotiate reparation from the vendor of £2k in the form of a adjustment in the price. This was going to be addressed as part of the conveyancing process however Santander are not allowing this. Why were they approached?
Your conveyancing practitioner being on the Santander approved list is required to inform Santander of any amendments to the sale price. If you prohibit your lawyer to notify the reduction to Santander then they would have to discontinue acting for you. In addition, Santander and you would have to appoint a new property lawyer for your conveyancing in Abridge.
What is the optimum way to discover of the solicitor conducting my conveyancing in Abridge is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for TSB thus spending £175.00 in additional conveyancing bill.
You should take advantage of the search tool on this page. Please choose the mortgage company and type ‘Abridge’ or your location and you will be presented with numerous solicitors located in Abridge or by proximity to you.
Are all Abridge Conveyancing Quality Solicitors on the Co-operative conveyancing list of approved solicitors?
It is true that some lenders now make use of CQS as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of conveyancing solicitors.
Can I be sure that the Abridge conveyancing solicitor on the Co-operative panel is any good?
When it comes to conveyancing in Abridge getting recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always recommend that you speak with the lawyer carrying out your transaction.
We have agreed to purchase a house in Abridge. An unusual aspect is that the roof has a solar panel. Kent Reliance have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Kent Reliance your lawyer must comply with the formal requirements contained in Section 2 of UK Finance Lenders’ Handbook for Kent Reliance. The Council of Mortgage Lenders’ Handbook stipulates minimum conditions for solar panel roof-space leases, and conveyancing practitioners are required to report to Kent Reliance where a lease fails to meet these specifications. The conditions relate to the installation of panels on properties in England and Wales and is not limited to Abridge.
It has been five months following my purchase conveyancing in Abridge took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what was supposed to be a quick, chain free conveyancing. Abridge is the location of the property. Is there any guidance you can give?
Flying freeholds in Abridge are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Abridge you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Abridge may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.