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Ready to buy a new home in Broadstairs? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Broadstairs transaction at risk of delay or failure.

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Recently asked questions about conveyancing in Broadstairs

Souldusing a Broadstairs conveyancing practitioner make the ownership transfer easier?

Existing third party relationships are another important factor to consider when appointing conveyancing solicitors. Broadstairs conveyancers often have long term relationships with lenders and agents, local authorities, surveyors and other conveyancing firms meaning the whole process is going to be much smoother for you. Hosting a wealth of intelligence of the local area is also a plus .

The vendors of the home we are purchasing have instructed a conveyancing practitioner in Broadstairs who has suggested a lock out contract with a payment two thousand pounds. Is it wise to enter into such agreements?

There are a couple of main drawbacks with entering into any lock out contract (also termed a no-shop agreement) is that it diverts attention away from progressing with the conveyancing process, so unless it requires limited or no negotiation then it may turn out to be a cause of frustration and delay. It is not promoted by Broadstairs conveyancing practitioners for this reason. A further negative is the extent of the remedies available - an aggrieved buyer is not likely to be granted an injunctive ruling by a court to prohibit the owner disposing of the property to a third party, so the only remedy open via the contract will be the reimbursement of abortive charges and, in limited situations, the extra payment of penalties.

My bid for a property was accepted at auction in Broadstairs. Conveyancing is required. What happens now?

Having legally committed yourself to purchase you will need to choose a conveyancing practitioner as a matter of urgency as you are faced with a tight a fixed date to complete the property. An auction property will have an associated auction pack. This will include evidence of title and search results. In the case of leasehold property the legal pack should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork specific to leasehold premises. You should pass this on to your appointed conveyancing solicitor at the earliest opportunity. Do make sure that your finances are in place to complete on the date specified in the contract.

My husband and I have arranged the release of further funds on our home loan from Skipton as we wish to conduct alterations to our home in Broadstairs. Do we need to select a nearby Broadstairs solicitor on the Skipton conveyancing panel to handle the paperwork?

Skipton do not ordinarily require a member of their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Skipton panel.

I am purchasing a property in Broadstairs. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender HSBC be concerned?

Given that you are obtaining a mortgage with HSBC your lawyer must comply with the formal instructions set out in Section 2 of UK Finance Lenders’ Handbook for HSBC. The Council of Mortgage Lenders’ Handbook contains minimum specifications for solar panel roof-space leases, and solicitors are required to report to HSBC where a lease does not meet these specifications. The requirements relate to the installation of panels on properties countrywide and is not restricted to Broadstairs.

Should commercial conveyancing searches reveal proposed roadworks that may affect a commercial estate in Broadstairs?

Its becoming the norm that commercial conveyancing solicitors in Broadstairs will order a SiteSolutions Highways report as it reduces the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Broadstairs. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Broadstairs.

For every commercial conveyancing transaction in Broadstairs it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may cause delays to Broadstairs commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not ordered for residential conveyancing in Broadstairs.

I bought my apartment on 16 July and the transaction details are still not on the land registry website. Need I be worried? My conveyancing solicitor in Broadstairs said it should be formalised inside ten days. Are transfers in Broadstairs particularly slow to register?

As far as conveyancing in Broadstairs registration is no faster or slower than the rest of England and Wales. As opposed to being determined by geographic area, timeframes can differ depending on who lodges the application, whether it is in order and whether the Land registry must send notices to any third parties. Currently approximately three quarters of submission are fully addressed within 12 days but occasionally there can be protracted hold-ups. Registration takes place once the new owner has moved in to the premises therefore 'speed' is not typically top priority yet where it is urgent that the the registration takes place urgently then you or your lawyers could communicate with the Registry to express the reasoning for an expedited registration.

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