What is the difference between a licensed conveyancer and conveyancing solicitor in Strood
Two types of professional can perform conveyancing in Strood namely CLC regulated conveyancers or solicitors. The two can handle conveyancing services that you need to complete the disposal or acquisition of property. They are both duty bound to perform Strood conveyancing on similar quality and guidelines so you can be safe in the knowledge that your conveyancing will be professionally administered and that all requirements and procedures should be appropriately followed.
Please help - my lawyer advises that lack of planning permission insurance is needed on my purchase. What is the level of cover for Strood conveyancing?
The right level of lack of planning permission indemnity insurance depends on who your lender is. It would differ for example between HSBC Bank and Norwich and Peterborough Building Society. Conveyancing practitioners as opposed to members of the public take out such policies.
I currently have a mortgage with HSBC for my property in Strood. Conveyancing has been completed 12 months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform HSBC?
HSBC must be informed of your intention in advance of renting your property as this is likely to be a breach of HSBC’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 HSBC directly. It should not be necessary to do this via a HSBC conveyancing panel firm.
It has been four months since my purchase conveyancing in Strood took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £215,000. 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.
Due to the encouragement of my in-laws I had a survey completed on a property in Strood prior to retaining conveyancers. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some mortgage companies tend refuse to grant a mortgage on such a home.
It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. If you call us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Strood. Conveyancing may be slightly more expensive based on your lender's requirements.
How do I use the search app to locate a conveyancing practitioner in Strood on the approved list for my bank?
First choose a mortgage company such as Halifax, Chelsea Building Society or Bank of Ireland then type in your location such as Strood. Conveyancing practices in Strood and nationally will then be identified.
My husband and I are FTB’s - had an offer accepted, but the estate agent informed us that the vendor will only proceed if we instruct the agent's chosen solicitors as they want an ‘expedited deal’. Our preferred option is to instruct a high street conveyancer who is familiar with conveyancing in Strood
We suspect that the owner is unaware of this request. Should the owner require ‘a quick sale', alienating a genuine buyer is likely to cause more damage than good. Try to communicate with the vendors directly and make the point that (a)you are serious purchasers (b)you are ready to progress, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)however you are going to appoint your preferred Strood conveyancing firm - not the ones that will earn the estate agent a introducer fee or hit his conveyancing figures set by HQ.