My husband and I are spending time looking at flats in West Malling and I am about to put in an offer. Is it too early to have a solicitor in place? I am planning to take a home loan with Virgin Money.
You should start requesting conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. As you are obtaining a mortgage with Virgin Money, ask your prospective lawyers if they are on the Virgin Money conveyancing panel otherwise they can't do the mortgage legal work.
I have today made my last payment due on my mortgage with Skipton. I assume I don't need a West Malling solicitor on the Skipton panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Skipton mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Skipton mortgage from the register. Skipton, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Skipton has sent the Land Registry the discharge electronically, and
- Skipton has instructed the Land Registry to do so
I recently had an offer agreed on a house in West Malling. My financial adviser pressured me to appoint their property lawyer. I paid an advanced payment of £150. A couple of days later, the property lawyer contacted me embarrassingly acknowledging that they were not on the Barclays 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 Barclays 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.
I am buying a new build flat in West Malling. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in West Malling
Please supply a car parking plan. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
Due to the guidance of my in-laws I had a survey completed on a house in West Malling ahead of retaining solicitors. I have been advised that there is a flying freehold aspect to the house. Our surveyor advised that some banks may not grant a loan on such a house.
It varies from the lender to lender. Lloyds has different requirements for example to Halifax. Should you wish to telephone us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in West Malling. Conveyancing may be slightly more expensive based on your lender's requirements.
Am I better off to appoint a West Malling conveyancing practitioner in close proximity to the house I am hoping to buy? An old friend can carry out the legal work however they are based approximately 350kilometers away.
The primary upside of using a local West Malling conveyancing firm is that you can drop in to sign documents, hand in your identification documents and apply pressure on them if necessary. They will also have local knowledge which is a bonus. That being said it's more important to get someone that will pull out all the stops for you. If you know people who instructed your friend and they were happy that should trump using an unknown West Malling conveyancing lawyer just because they are local.
I am on look out for some leasehold conveyancing in West Malling. Before I get started I require certainty as to the unexpired term of the lease.
Assuming the lease is recorded at the land registry - and almost all are in West Malling - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Leasehold Conveyancing in West Malling - Examples of Questions you should ask before Purchasing
Its a good idea to find out as much as possible concerning the managing agents as they will either make life much simpler or much more difficult. As the owner of a leasehold property you will be at the mercy of the managing agents both financially and when it comes to every day matters like the upkeep of the communal areas. Ask prospective neighbours what they think of them. On a final note, investigate as to the dates that the service fees are due to the relevant party and specifically how they are spending the funds. Are any of leasehold owners in arrears of their service charge payments? Best to be warned if redecorating or some other significant cost is anticipated to be shared by the leaseholders and will materially increase the the service charges or result in a specific invoice.