Are the BSA planning on creating a online directory to list solicitors on the Darlington Building Society conveyancing panel for example in Kemp Town?
We have not been informed any plans on the part of the BSA to promote such a register.
I moved into my house on 7 June and my personal details is not yet registered. Any reason for this? My conveyancing solicitor in Kemp Town said it will be concluded in less than a month. Are transfers in Kemp Town uniquely lengthy to register?
There is nothing unique about conveyancing in Kemp Town registration formalities. As opposed to being determined by geographic area, timeframes can vary subject to who lodges the application, whether there are errors and whether the Land registry need to notify any third persons or bodies. At present roughly 80% of submission are fully addressed within two weeks but some can be subject to longer hold-ups. Registration takes place once the purchaser has moved in to the property therefore an expedited registration is not always top priority but if it is urgent that the the registration takes place urgently then you or your conveyancer must communicate with the Registry to express the reasoning for the application to be prioritised.
How does conveyancing in Kemp Town differ for new build properties?
Most buyers of new build or newly converted property in Kemp Town contact us having been asked by the builder to sign contracts and commit to the purchase even before the residence is built. This is because new home sellers in Kemp Town typically acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Kemp Town or who has acted in the same development.
I have been sourcing a conveyancing solicitor in Kemp Town for my house move. Is it possible to check a solicitor's complaints history with the legal regulator?
You can find documented Solicitor Regulator Association (SRA) decisions resulting from inquisitions from 2008 onwards. Visit Check a solicitor's record. For information about the period before 1 January 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The SRA sometimes monitor telephone calls for training requirements.
I am tempted by the attractive purchase price for a couple of flats in Kemp Town both have approximately forty five years remaining on the leases. Will this present a problem?
A lease is a right to use the property for a period of time. As the lease shortens the marketability of the lease decreases and results in it becoming more expensive to acquire a lease extension. This is why it is often a good idea to increase the term of the lease. More often than not it is difficult to sell a property with a short lease because mortgage lenders less inclined to grant a loan on such properties. Lease extension can be a protracted process. We recommend you get professional help from a solicitor and surveyor with experience in this area.
Leasehold Conveyancing in Kemp Town - A selection of Questions you should ask Prior to buying
What is the length of the lease? How is the lease structured?