Do I need to attend the offices of the solicitor to sign the mortgage deed? If so, I will appoint a lawyer who conducts conveyancing in Sittingbourne so that I can attend their offices if necessary.
As opposed to twenty years ago, most mortgage companies no longer need their conveyancing panel lawyer to witness the mortgagors signature. You will still be obliged to supply ID documents and there are still manifest benefits to using a locally based ayer, in your situation a conveyancing solicitor in Sittingbourne.
Last month we had a mortgage agreed in principle with Virgin Money. Sittingbourne conveyancing practitioners have been appointed. How long does it take for Virgin Money to send the offer to the conveyancing practitioner?
Some lenders take longer than others. Have Virgin Money done the valuation? Have you advised Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I can not work out if my mortgage offer requires a lease extension. I have telephoned my Sittingbourne building society branch on numerous occasions and was informed it wasn't an issue and they will lend. My Sittingbourne conveyancing solicitor - who is on the lender conveyancing panel- called and was told they would not lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. I have no idea who is right.
As long as the solicitor is on the bank panel, they must follow the Council of Mortgage Lenders’ Handbook conditions for the lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
I am selling my flat. I had a double glazing fitted in November 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Nationwide are being pedantic. The Sittingbourne solicitor who is on the Nationwide conveyancing panel is saying indemnity insurance will be fine but Nationwide are requiring a building regulation certificate. Why do Nationwide have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nationwide have referred the matter to their valuer. The reason why Nationwide may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I'm purchasing a new build house in Sittingbourne with a mortgage from Yorkshire Building Society. The sellers would not reduce the price so I negotiated £7000 of extras instead. The property agent advised me not reveal to my conveyancer about the deal as it could affect my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
My company is wishing to take an assignment of a lease of an office on a shopping parade. Can you recommend lawyers offering no-move-no fees for commercial conveyancing in Sittingbourne for less than 2k?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Sittingbourne, including the sale and purchase of businesses as well as simply premises. If you are hoping to purchase or lease a shop, pub, restaurant, office, retail unit or a whole business we will find you the right lawyer. Regarding the fees this will depend on the structure and terms of the deal. Let us have your details or telephone us so that we may provide you with a fixed commercial conveyancing calculation.
In my capacity as executor for the estate of my father I am selling a residence in Newport but I am based in Sittingbourne. My solicitor (approximately 250 miles from meneeds me to execute a statutory declaration prior to completion. Could you suggest a conveyancing solicitor in Sittingbourne to witness and place their company stamp on the document?
Technically speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are located in Sittingbourne