We are purchasing a newly constructed flat in Derbyshire and my conveyancer is advising me that she has to the lender to reveal incentives from the seller. The Estate Agents are hassling me to sign contracts and I would rather not delay the conveyancing. Is my lawyer right?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We are purchasing a 4 bedroom semi-detached house in Derbyshire. We would like to an extension at the rear at the house.Will the conveyancing process include investigations to determine if these alterations are prohibited?
Your property lawyer should check the deeds as conveyancing in Derbyshire will on occasion identify restrictions in the title deeds which prevent certain changes or need the consent of another owner. Certain extensions require local authority planning consent and approval under the building regulations. Certain locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be prudent to check these issues with a surveyor ahead of any purchase.
When it comes to mortgage companies such as Clydesdale, do Derbyshire lawyers have to pay a yearly amount to be on the conveyancing panel?
We are unaware of any lender fees to register on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
The formalities of my purchase has taken place for my property in Derbyshire. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
Most lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. In most cases complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
I used Wolstenholmes several years ago for my conveyancing in Derbyshire. Now, I need the documents however the law firm has closed. What do I do?
Do call 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 Derbyshire of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am looking for a ground for flat up to £235,500 and identified one near me in Derbyshire I like with a park and station in the vicinity, the downside is that it's only got 51 years unexpired on the lease. I can't really find anything else in Derbyshire suitable, so just wondered if I would be making a grave error buying a short lease?
Should you need a mortgage the remaining unexpired lease term may be an issue. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least twenty four months you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.
Am I better off to choose a Derbyshire conveyancing solicitor who is local to the property I am buying? I have an old university friend who can perform the conveyancing but his firm is located 200miles drive away.
The primary upside of using a high street Derbyshire conveyancing firm is that you can attend the office to sign documents, deliver your identification documents and apply pressure on them where appropriate. Having local Derbyshire know how is a bonus. That being said nothing is more important than finding someone that will pull out all the stops for you. If other friends have used your friend and in the main were content that should outweigh using an unknown Derbyshire conveyancing lawyer just because they are local.