I am not in a position to travel far from Par. Is there a reason why all Par property lawyers are not on all mortgage company panels?
As unjust as it may appear for lenders to restrict who can act for them, from the public’s or solicitor’s point of view, the the contrary view is that mortgage companies are increasingly anxious and consider it vital to shield themselves from mortgage fraud. As a result of this concern mortgage companies have restricted their conveyancing panel to a manageable size.
I am assisting my niece sell her property in Par. Does the solicitor order an EPC or it is for me to coordinate?
Following the demise of HIPs, energy performance certificates remained a compulsory element of moving property. An EPC should be to hand in advance of the property being advertised. This is not something that lawyers ordinarily organise. If you are instructing a Par conveyancing solicitor they may be able to arrange energy performance certificates given their contacts with reputable local accredited person
Is there a list of Kent Reliance panel conveyancers in Par on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such directory service on the CML or Building Society Association websites. A small selection of lending institutions make their panel listings open the public online. If you are seeking to appoint a Par conveyancer on the Kent Reliance please use our facility.
I've digested plenty of house buying guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Par solicitor - who is on the Principality conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Principality will need an independent valuation of the property. Your lawyer will not arrange this. Usually Principality will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Par surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I am looking for a leasehold apartment up to £305k and found one round the corner in Par I like with a park and transport links in the vicinity, the downside is that it's only got 51 years on the lease. There is not much else in Par for this price, so just wondered if I would be making a grave error buying a short lease?
If you need a mortgage that many years will likely be problematic. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you may request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
I was recommended by a couple of local selling agents in Par to find a solicitor on your site. Is there a financial upside for Estate Agents to promote your services ahead of alternative conveyancing organisations?
We refuse to give any commission for sending work in our direction. We found it would be just too difficult to pay a commission as a client could think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I am a fortnight into a leasehold purchase having been directed to a firm by the selling agent to handle our conveyancing in Par. We are not happy. Could you you assist me in finding new solicitors?
A conveyancer would need to be very poor to suggest diss instructing them. Has your mortgage been sent? In the event that it has you must make them aware of the new solicitor and ensure the offer are re-sent. Your new solicitor ideally should be on the lenders approved list to avoid supplemental charges and delays. So that should be your first question of the new solicitors. The find a solicitor tool should help you find a bank approved conveyancer for your conveyancing in Par