My wife and I are purchasing a brand new apartment in Wenvoe and my conveyancer is informing me that she is duty bound to the lender to reveal incentives from the developer. I am on a tight deadline to sign contracts and I have no desire to prolong matters. Is my lawyer right?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Completed the sale of my flat in Wenvoe last June yet the purchaser is texting daily complaining that her solicitor needs to hear from mine. What should have happened following completion?
Post completion of your house sale your conveyancer should send the transfer documentation and all supplemental paperwork to the purchaser's conveyancer. If applicable, your lawyer must also confirm that the legal charge in favour of the lender has been paid off to the purchasers lawyers. There are no post completion formalities specific conveyancing in Wenvoe.
Me and my partner are purchasing a house in Wenvoe. It might be a silly question but how we can trust a conveyancer? On completion day we have to send funds into their account. What protection do we have from them run away with our deposit?
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.
is it true that all Wenvoe solicitor firms on the Kent Reliance conveyancing panel are overseen by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Kent Reliance conveyancing panel they would need to be regulated by the SRA. The majority of mortgage companies do permit licenced conveyancers on their panel and in such a situation the practice would be regulated by the CLC.
I am expecting a AIP from Nottingham this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Nottingham recommend any Wenvoe solicitors on the Nottingham conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Wenvoe solicitors independently although you'll need to choose one on the Nottingham conveyancing panel. The solicitor represents both you and Nottingham through the process.
I note that there are debates on Chancel Insurance on online forums. Am I compelled to take this when buying a residence in Wenvoe? or Apparently there is a law dating back centuries that means some homeowners living in a parish church boundary will be compelled to pay for repairs towards the chancel within the church. Is this applicable for conveyancing in Wenvoe?
Unless a previous acquisition of the property took place post 12 October 2013 you may expect lawyers delivering conveyancing in Wenvoe to remain encouraging a chancel search and or insurance against a claim.
How does the Landlord & Tenant Act 1954 affect my commercial offices in Wenvoe and how can you help?
The 1954 Act gives a safeguard to business leaseholders, giving them the dueness to apply to court for a new tenancy and continue in occupation at the end of the lease term. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Wenvoe is one of the many locations in which our lawyers have offices