I'm the single recipient of my late mum's estate and I have everything in my name alone, including the my former home in East Grinstead. The East Grinstead property was put into my name in April. I now wish to sell up. I do know about the CML 6 month 'rule', meaning my property ownership will be considered the same way as if I'd bought the house in April. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be caught by that. Some banks would take a sensible view as this clause primarily exists to identify subsales or the wholesaling and assigning of properties.
Is it correct that all East Grinstead CQS (Conveyancing Quality Scheme) solicitors are on the Barclays conveyancing list of approved practices?
Some major banks and building societies now use CQS as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their approved list of conveyancing solicitors.
Intending to buy a house in East Grinstead. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Virgin Money conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the East Grinstead property lawyer is on the Virgin Money conveyancing panel.
I have recentlybeen informed that Action Conveyancing have been shut down. They carried out my conveyancing in East Grinstead for a purchase of a freehold house 18 months ago. How can I establish that the property is in my name in the name of the former proprietor?
The quickest way to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of East Grinstead conveyancing specialists.
Should I be suspicious about 3rd parties that I am dealing with are encouraging me to use a web based conveyancing firm as opposed to a High Street East Grinstead conveyancing firm?
As is the case with lots of service providers, often recommendations from relatives can be most helpful. Yet there are many parties with a vested interest in a conveyancing matter; estate agents, mortgage brokers and mortgage companies might all put forward conveyancers to use. Sometimes these solicitors might be known to one of the organisations as being good in their field, but occasionally there is an underlying financial incentive behind the endorsement. You have the right to select your preferred lawyer. Don't forget that most banks specify a panel list of solicitors you must use for the lender aspect of your house move.
My husband and I are four weeks into a leasehold purchase having been referred to a firm by the local agent to perform conveyancing in East Grinstead. I am am very frustrated with the level of service. Could you help me find new conveyancers?
They would need to be really poor in order to consider diss instructing them. Has the mortgage offer been generated? If so you must make them aware of the new conveyancer and ensure the mortgage documents are re-issued. Your new solicitor ideally should be on the mortgage company panel to avoid escalating fees and complications. So that should be your starting point. Our find a solicitor tool should assist you in finding a lender approved lawyer for your home move in East Grinstead
Can you offer any advice when it comes to choosing a East Grinstead conveyancing firm to deal with our lease extension?
When appointing a property lawyer for lease extension works (regardless if they are a East Grinstead conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of work. We recommend that you speak with two or three firms including non East Grinstead conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be useful:
Can they put you in touch with clients in East Grinstead who can give a testimonial?
Leasehold Conveyancing in East Grinstead - A selection of Questions you should ask Prior to buying
You should want to discover as much as you can about the company managing the building as they will either make life much easier or problematic. Being a leasehold owner you will be at the mercy of the managing agents from a financial perspective and when it comes to daily matters such as the tidiness of the communal areas. Ask other people whether they are happy with their management. On a final note, investigate as to the dates that the maintenance fees are due to the managing agents and precisely what it includes. This question is important as a) areas could cause problems in the building as the common areas may begin to deteriorate if repairs are not paid for b) if the leasehold owners have an issue with the running of the building you will need to know about it How many years are left on the lease?