I am obtaining a mortgage offer from Nat West. I intend to employ the services of a Licensed Conveyancer in Kemp Town. Does the Nat West Solicitor panel exclude conveyancers regulated by the CLC?
The Nat West approved solicitor list is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
I decided to have a survey completed on a house in Kemp Town ahead of appointing lawyers. I have been told that there is a flying freehold element to the house. The surveyor advised that some mortgage companies tend not issue a loan on this type of property.
It depends who your proposed lender is. Lloyds has different requirements for example to Birmingham Midshires. If you e-mail us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Kemp Town. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Kemp Town to see if the conveyancing costs will increase in light of this.
What makes your site different to alternative web based conveyancing brokers when it comes to conveyancing in Kemp Town?
At this site secure an accurate costs illustration via a Solicitor or Licensed Conveyancer that appreciates the nuances of your conveyancing in Kemp Town. Unlike many estate agents and brokerage sites we are not in the business of charging firms a fee if you choose them for your conveyancing in Kemp Town
My partner has recommend that I instruct his lawyers for conveyancing in Kemp Town. Should I use them?
There are no two ways about it the best way to select a conveyancing practitioner is to have referrals from friends or relatives who have actually previously instructed the conveyancer you're considering.
Can you provide any top tips for leasehold conveyancing in Kemp Town from the perspective of expediting the sale process?
- Much of the delay in leasehold conveyancing in Kemp Town can be avoided where you instruct lawyers the minute you market your property and ask them to put together the leasehold information which will be required by the buyers’ lawyers. A minority of Kemp Town leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, you should notify your estate agents to make sure that the purchasers put in hand financial (bank) and professional references. The bank reference should make it clear that the buyer is financially capable of paying the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the buyers or their lawyers. If you hold a share in a the Management Company, you should ensure that you have the original share certificate. Organising a duplicate share certificate can be a lengthy formality and delays many a Kemp Town conveyancing deal. Where a duplicate share certificate is needed, you should approach the company officers or managing agents (if applicable) for this at the earliest opportunity. The majority of freeholders or Management Companies in Kemp Town charge for supplying management packs for a leasehold property. You or your lawyers should discover the actual amount of the charges. The management pack can be applied for as soon as you have a buyer, thus accelerating the process. The typical amount of time it takes to receive management information is three weeks. It is the most common reason for delay in leasehold conveyancing in Kemp Town.
Kemp Town Conveyancing for Leasehold Flats - A selection of Questions you should ask before Purchasing
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Can you tell me if there are any major works in the near future that will likely add a premium to the service charges? This question is important as a) areas could cause problems for the building as the common areas may start to deteriorate where maintenance remain unpaid b) if the leaseholders have a dispute with the managing agents you will wish to have all the details It would be sensible to find out as much as possible regarding the company managing the block as they can either make life much easier or uncomfortable. 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 cleanliness of the common parts. Enquire of other people what they think of them. Finally, investigate as to the dates that the maintenance charges are due to the relevant party and specifically how they are spending the funds.