I am obtaining a offer of a home loan from Halifax. I would like to use a Licensed Conveyancer in Canterbury. Does the Halifax Solicitor panel include conveyancers regulated by the CLC?
The Halifax conveyancing panel is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
Can you explain why leasehold purchase conveyancing in Canterbury is more expensive?
Canterbury leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
It has been 3 months following my purchase conveyancing in Canterbury concluded. I have checked the Land Registry site 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 premises 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.
Due to the encouragement of my in-laws I had a survey completed on a house in Canterbury prior to retaining solicitors. I have been advised that there is a flying freehold aspect to the property. My surveyor advised that some banks will not grant a mortgage on a flying freehold home.
It depends who your proposed lender is. HSBC has different instructions for example to Nationwide. If you contact us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Canterbury. Conveyancing will be smoother if you use a solicitor in Canterbury especially if they are familiar with such properties in Canterbury.
The financial adviser has suggested using their conveyancer for my conveyancing in Canterbury - Is it not simpler better to just instruct them?
It is not always the case and you are entitled to instruct whichever conveyancing practitioner you decide for your Canterbury home move. The solicitor suggested by an estate agent may not always be the best conveyancer, they may suggest their preferred conveyancing firm who are based far away. In this instance you may not have contact with your solicitor and due to the lack of continuity in the transaction, it may be difficult to obtain updates.