Is the fact that my conveyancer in Kempston is not listed on my lender's conveyancing panel that there is a problem with the quality of his work?
It would be unwise to jump to that conclusion. There are all sorts of perfectly plausible explanations. A recent report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Kempston conveyancing firm and enquire why they are no longer on the approved list for your lender.
When can the exchange of contracts happen for domestic conveyancing in Kempston and do I need to be at the solicitors office?
Where you are round the corner to our conveyancing solicitors in Kempston you are invited in to sign documents. However, the firms we work with provide countrywide coverage for conveyancing and give just as comprehensive and professional a job for you when communicating with you by post or email. The executing of the contract is not the critical part. A signed contract is necessary for the conveyancer to address the formalities at the suitable time, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Kempston)to be in the office available at the end of the phone to exchange contracts.
I have justfound out that Stirling Law have been shut down. They conducted my conveyancing in Kempston for a purchase of a leasehold flat 12 months ago. How can I be sure that my home is not still registered 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 Kempston conveyancing specialists.
Over the last few months I have been searching for a leasehold apartment up to £305k and found one near me in Kempston I like with open areas and transport links nearby, however it only has 61 years unexpired on the lease. There is not much else in Kempston for this price, so just wondered if I would be making a mistake purchasing a short lease?
Should you need a home loan the remaining unexpired lease term will likely be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
What does commercial conveyancing in Kempston cover?
Kempston conveyancing for business premises covers a broad range of guidance, provided by regulated solicitors, relating to business property. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.