My mortgage broker requires my Canvey Island law firm’s panel member for the Santander conveyancing panel. Can you suggest how I find this out. I have tried my local Canvey Island office but they don't know it.
Have you tried speaking to your Canvey Island solicitor about this?. Most Canvey Island law firms will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each mortgage company.
After looking at mumsnet.com for a high-quality lawyer in Canvey Island, many advise that I should look for a CQS kitemarked solicitor. What is CQS?
The Conveyancing Quality Scheme (CQS) provides a kitemark for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * adherence to best practice conveyancing processes via the scheme protocol Membership covers many organisations who handle conveyancing in Canvey Island.
I used Wolstenholmes a few years ago for my conveyancing in Canvey Island. Now, I need my files however the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Canvey Island of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm refinancing my existing house to a BTL loan with Alliance & Leicester and I will use the rest of the raised equity as a deposit on another house. The area we are interested in is Canvey Island. Will your lawyers be able to act for both sets of lenders and link together the two deals?
Make use of our comparison tool on this site to check that the solicitors are on the appropriate lender panels. On the basis that they are your conveyancer will be able to tie up the two deals but you should have a chat with you lawyer and make clear your expectations and requirements.
I am tempted by the attractive purchase price for a couple of flats in Canvey Island which have about forty five years left on the leases. Should I regard a short lease as a deal breaker?
A lease is a right to use the property for a prescribed time frame. As the lease shortens the saleability of the lease deteriorates and results in it becoming more expensive to acquire a lease extension. This is why it is often a good idea to extend the lease term. Sometimes it is difficulties arise selling premises with a short lease as mortgage lenders less inclined to grant a loan on such properties. Lease enfranchisement can be a protracted process. We advise that you seek professional assistance from a solicitor and surveyor with experience in this area.
I acquired a 1 bedroom flat in Canvey Island, conveyancing was carried out half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Canvey Island with over 90 years remaining are worth £176,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease ends on 21st October 2100
With only 80 years remaining on your lease the likely cost is going to span between £7,600 and £8,800 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.