I used Arc property Solicitors a few years past for my conveyancing in Isle of Sheppey. I now require my file but cannot find the solicitor. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracking down 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 Isle of Sheppey of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm purchasing a new build house in Isle of Sheppey with the aid of help to buy. The sellers would not reduce the amount so I negotiated 6k of additionals instead. The house builders rep told me not to tell my lawyer about the extras as it may jeopardize my mortgage with Chelsea Building Society. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I decided to have a survey done on a property in Isle of Sheppey before appointing lawyers. I have been told that there is a flying freehold element to the house. Our surveyor has said that some lenders may refuse to give a loan on such a house.
It varies from the lender to lender. Santander has different requirements for example to Halifax. Should you wish to telephone us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Isle of Sheppey. Conveyancing will be smoother if you use a solicitor in Isle of Sheppey especially if they are acquainted with such properties in Isle of Sheppey.
Am I best advised to instruct a Isle of Sheppey conveyancing solicitor based in the location that I am purchasing? An old friend can handle the legal formalities but her office is approximately 350miles drive away.
The benefit of a local Isle of Sheppey conveyancing firm is that you can attend the office to sign documents, present your identification documents and apply pressure on them where appropriate. Having local Isle of Sheppey know how is a plus. However nothing is more important than finding someone that will do a good and efficient job. If you know people who instructed your friend and the majority were happy that must trump using an unfamiliar Isle of Sheppey conveyancing solicitor solely due to them being Isle of Sheppey based.
One month into purchasing a property in Isle of Sheppey. Conveyancing solicitor has told us the title is "Leasehold". Does this adversely affect our Natwest valuation?
Isle of Sheppey conveyancing does not normally involve leasehold houses. The key consideration here is the remaining lease term and the ground rent. If it's 999 years with a peppercorn rent, it's almost the same as freehold, so it’s unlikely to impact the saleability significantly.
At the other extreme, if it's, say, fifty five years it is bound to have a adverse impact on the saleability, and probably wouldn't be mortgageable. The remaining lease term and ground rent will be specified in the lease to be supplied to your lawyer.