Do banks and building societies provide you with an approved list of Westgate on Sea conveyancing solicitors? How do you know who is on the Barclays conveyancing panel?
Westgate on Sea conveyancing firms themselves provide us confirmation that they are on the Barclays conveyancing panel as opposed to being supplied with a list from Barclays directly.
I am helping my sister sell her property in Westgate on Sea. Does the solicitor order the EPC or should I organise this?
Following the demise of Home Information Packs, EPC’s was left as a mandatory component of selling a property. An EPC should be to hand prior to the property being marketed. It is not as aspect of the sale process that lawyers normally arrange. If you are instructing a Westgate on Sea conveyancing lawyer they might be able to arrange energy assessments given their contacts with reputable Westgate on Sea providers
Is it the case that all Westgate on Sea solicitors on the Virgin Money conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the Virgin Money conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many banks do allow licenced conveyancers on their panel and in that case the firms would be governed by the Council of Licensed Conveyancers.
The formalities of my remortgage has taken place for my property in Westgate on Sea. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. In most cases complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
I am buying a new build flat in Westgate on Sea. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Westgate on Sea
There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are architect prepared. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Forfeiture - bankruptcy or liquidation must not apply under this provision.
Over the last few months I have been searching for a flat up to £235,500 and identified one close by in Westgate on Sea I like with amenity areas and railway links nearby, the downside is that it only has 51 remaining years left on the lease. I can't really find anything else in Westgate on Sea for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a home loan that many years may be problematic. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of twenty four months you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this matter.
I was advised by a number of selling agents in Westgate on Sea to select a conveyancer on your site. Is there a financial upside for Estate Agents to market your lawyers over alternative conveyancing organisations?
We don’t give any financial incentive for directing people in our direction. We found it would be just too difficult a fee because home movers will think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.