Completion of my purchase has taken place for my property in Finchampstead. Conveyancing was of an acceptable standard but I would like to complain about the lender. How does one go about formally complaining?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Department at head office. Ordinarily complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
I am selling my flat. I had a double glazing fitted in September 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Aldermore are being difficult. The Finchampstead solicitor who is on the Aldermore conveyancing panel is saying indemnity insurance will be fine but Aldermore are insisting on a building regulation certificate. Why do Aldermore have a conveyancing panel if they don't accept advice from them?
It is probably the case that Aldermore have referred the matter to their valuer. The reason why Aldermore may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
After what seems like an age I have had an offer on a flat in Finchampstead agreed to, but there is a chain. The sellers have offered on on an apartment, but it’s not been accepted yet, and are looking at other apartments booked. I have instructed a nearby conveyancing solicitor in Finchampstead. What do I do now? At what stage should I apply for the mortgage with Coventry BS?
It is usual to have anxieties where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is in the region of one thousand pounds, then survey, Finchampstead conveyancing search charges, etc). The first thing to do is check that your conveyancer is on the Coventry BS conveyancing panel. As to the subsequent stages this very much depends on the specifics of your transaction, motivation for this property and on the state of the market. In a hot market many home buyers will apply for the mortgage with Coventry BS and arrange for the valuation and only if it comes back ok would they pay their conveyancer to proceed with the conveyancing in Finchampstead.
Will commercial conveyancing searches reveal proposed roadworks that could impact a commercial estate in Finchampstead?
Many commercial conveyancing solicitors in Finchampstead will perform a SiteSolutions Highways report as it reduces the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in Finchampstead. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Finchampstead.
For every commercial conveyancing transaction in Finchampstead it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately may result in delays to Finchampstead commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not ordered for domestic conveyancing in Finchampstead.
Just had an offer accepted on a new build apartment in Finchampstead. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Finchampstead
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
I opted to have a survey done on a property in Finchampstead in advance of appointing conveyancers. I have been advised that there is a flying freehold aspect to the house. Our surveyor advised that some banks may not grant a mortgage on this type of home.
It depends who your proposed lender is. Lloyds has different instructions for example to Birmingham Midshires. If you contact us we can look into this further via 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 Finchampstead. Conveyancing will be smoother if you use a solicitor in Finchampstead especially if they regularly deal with such properties in Finchampstead.
I am looking into buying my first house which is in Finchampstead and I am already nervous. I couldn't find anything specific about Finchampstead. Conveyancing will be needed in due course but do you know about the Finchampstead area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Finchampstead. In the meantime here are some basic statistics that we found