I have just been advised by my mortgage broker that my Stockton on Tees lawyer is not on the mortgage company Solicitor panel. What can I do to check?
The sensible course of action for you to take is to call your Stockton on Tees lawyer directly. It is reasonable to expect your lawyer to notify you what has happened. Where they are not on the panel they may recommend you to a Stockton on Tees conveyancing practice that is on the approved list of lawyers for your bank.
When can the exchange of contracts occur in sale conveyancing in Stockton on Tees and do I need to attend the solicitors office?
If you are near to one of the conveyancing solicitors in Stockton on Tees you are invited in to sign contracts. That being said, the law practices we work with provide countrywide coverage for conveyancing and provide just as comprehensive and professional a job for you when communicating with you digitally. The signing of the contract is not the important part. Signing on the dotted line simply enables the conveyancer to exchange contracts at the suitable time, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Stockton on Tees)to be in the office at the appropriate time.
Forgive me if this question is silly but I am unseasoned as FTB of a two bedroom flat in Stockton on Tees. Do I collect the keys to the house on completion from my lawyer? If so, I will find a High Street conveyancing solicitor in Stockton on Tees?
On the day of completion you will not be required to attend the conveyancers office in Stockton on Tees. Your solicitors will electronically transfer the completion advance to the vendor’s conveyancers, and shortly after the monies have arrived, you will be invited to collect the keys from the property Agents and start moving into the property. Usually this occurs between 1 and 3pm.
We previously instructed conveyancing lawyers with offices in Stockton on Tees on the Kent Reliance solicitor approved list. They have just invoiced me a supplemental charge for dealing with the Kent Reliance mortgage. Is this a supplemental conveyancing fee specified by Kent Reliance?
Unfortunately, so long as it is in their Terms of Engagement or estimate then yes your conveyancer may charge a fee for this. This fee is not set by Kent Reliance but by your Stockton on Tees property lawyer. Plenty of firms on the Kent Reliance panel will quote an ‘acting for lender’ fee and others do not.
I recently had an offer accepted on an apartment in Stockton on Tees. My financial adviser recommended their conveyancers. I paid an on account payment of £150. Soon after, the lawyer contacted me sheepishly admitting that they were not on the Santander conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Santander panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
It has been four months following my purchase conveyancing in Stockton on Tees took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a simple, chain free conveyancing. Stockton on Tees is the location of the property. Is there any guidance you can impart?
Flying freeholds in Stockton on Tees are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Stockton on Tees you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Stockton on Tees may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.