I am under pressure from the mortgagee in possession of a property in Kingsnorth to complete within four weeks. What can I do to speed up matters?
Where you are under a tight deadline to complete it is advisable to make sure that your solicitor is familiar with the location as they will benefit local connections and intelligence. It is even conceivable that they may have handled previoushomes in the same street. You would be best advised to use a Kingsnorth conveyancing solicitor. In addition, make sure that the conveyancing firm is on the lender panel. It is said that 18% of Kingsnorth conveyancing transactions are held up or derailed after discovering a purchaser’s solicitor was not on their banks list of approved solicitors. This can often result in the legal transfer of property being held up by as much as three weeks. It is estimated that this issue affects in the region of 100,000 home sales every year. Many Kingsnorth conveyancing firms can not represent certain lenders so do check as early as possible.
My wife and I are purchasing a property in Kingsnorth. I might seem paranoid but how we can trust a conveyancer? At some point we have to put our life savings into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I had a mortgage agreed in principle with Skipton. Kingsnorth conveyancing practitioners were instructed. How long does it take for Skipton to send the offer to the property lawyer?
There is no definitive answer here. Have Skipton completed the survey? Have you advised Skipton as to your lawyers' details and checked that your lawyers are on the Skipton conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I currently have a mortgage with Lloyds for my property in Kingsnorth. Conveyancing has been completed a year ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Lloyds?
You must advise Lloyds in advance of letting out your property as this is likely to be a breach of Lloyds’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Lloyds directly. You need not do this via a Lloyds conveyancing panel solicitor.
I require fast conveyancing in Kingsnorth as I have pressure to sign on the dotted line within 3 weeks. A mortgage is not required. Can I escape the need for conveyancing searches to save fees and time?
If.Given you are not obtaining a mortgage you are at free not to do searches although no conveyancer would suggest that you don't. With lots of history conveyancing in Kingsnorth the following are examples of what can crop up and therefore affect market value: Enforcement Actions, Overdue Charges, Overdue Grants, Road Schemes,...
I used Arc property Solicitors a few years ago for my conveyancing in Kingsnorth. I now require my papers but the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate 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 Kingsnorth of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How simple is it to use the search app to get a quote from a conveyancing lawyer in Kingsnorth on the authorised to act for my mortgage?
Step one is to choose a lender such as Lloyds TSB Bank, Bank of Scotland or Barclays Direct then choose your preferred area for example Kingsnorth. Conveyancing firms in Kingsnorth and further afield will then be identified.