I am buying a right to buy a flat in Clent. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Clent you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Clent.
We were going to get a OIP from Kent Reliance this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Kent Reliance recommend any Clent solicitors on the Kent Reliance conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Clent solicitors independently although you'll need to choose one on the Kent Reliance conveyancing panel. The solicitor represents both you and Kent Reliance through the process.
The formalities of my purchase has taken place for my property in Clent. Conveyancing was a necessary evil but I would like to complain about the lender. How does one go about formally complaining?
Most banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. In most cases complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
Our sealed bid on a property in Clent has been accepted, the owners do nevertheless have an associated purchase. The vendors have offered on a flat, however it’s not yet agreed to, and are looking at other properties booked. I have chosen a bricks and mortar conveyancing solicitor in Clent. What should be my next step? At what point should I apply for the mortgage with Nottingham?
It is usual to have apprehensions where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of one thousand pounds, then valuation, Clent conveyancing search costs, etc). The first course of action is to ensure that your property lawyer is on the Nottingham conveyancing panel. Regarding the subsequent stages this very much depends on the circumstances of your transaction, motivation for this property and on the state of the market. In a rising market some buyers would apply for a home loan with Nottingham and arrange for the valuation and only if it was satisfactory would they pay their lawyer to press on with searches.
I am selling our property in Clent and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. A high street Clent lawyer would know this is not the case. It does beg the question why the purchasers are using a nationwide conveyancing practice as opposed to a conveyancing solicitor in Clent. Having lived in Clent for 4 years we know that this is a non issue. Do we get in touch with our local Authority to obtain confirmation that the buyers are looking for.
It would appear that you have a conveyancing firm already. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
How does conveyancing in Clent differ for new build properties?
Most buyers of new build property in Clent come to us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is constructed. This is because builders in Clent usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Clent or who has acted in the same development.
Our lender agreed in principle to issue us a mortgage. We appointed a long established conveyancer in Clent last week. Today, our mortgage adviser phoned to advise us that the lender said that we cannot use our solicitor as they aren't on their panel. As FTB's, we had no idea that the bank had a say Is this usual?
You are at liberty to appoint any conveyancing solicitor you want to choose for your conveyancing in Clent nevertheless if they are not on the your lender's panel you must incur an extra fee so your lender can instruct their own solicitors as well to protect their interest. It may be possible your solicitor may apply to get included on to the mortgage company list of approved firms. You can use online tools such as lenderpanel.com to find a conveyancing solcitor in Clent on the bank panel. You can go into your high street lender branch in Clent. They can recommend conveyancing solicitors in Clent on the approved list.