I am in the process of refinancing my home in Westgate on Sea, does my lawyer need to be on the Co-operative Solicitor panel?
There is nothing to stop you using your solicitor, but Co-operative will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
My aunt advised me that in purchasing a property in Westgate on Sea there could be various restrictions as to what one can do in terms of external alterations to the property. Is this right?
We are aware of a number of properties in Westgate on Sea which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Westgate on Sea should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I recently had an offer agreed on an apartment in Westgate on Sea. My mortgage broker pressured me to appoint their solicitor. I paid an upfront payment of £150. Shortly after, the solicitor called me sheepishly admitting that they were not on the Leeds Building Society 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 Leeds Building Society 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.
My sealed bid on a semi in Westgate on Sea has been agreed to, but there is a chain. The vendors have placed an offer on a property, but it’s not yet agreed to, and are looking at other flats booked. I have instructed a nearby conveyancing solicitor in Westgate on Sea. What should be my next step? At what stage should I apply for the mortgage with Santander?
It is normal to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is in the region of one thousand pounds, then survey, Westgate on Sea conveyancing search costs, etc). First, you should ensure that your property lawyer is on the Santander conveyancing panel. Concerning the subsequent stages this very much dictated by the circumstances of your transaction, motivation for this property and on the state of the market. During a rising market the majority of home buyers will apply for a home loan with Santander and pay for the valuation and only if it comes back ok would they request their lawyer to press on with the conveyancing in Westgate on Sea.
4 months have elapsed following my purchase conveyancing in Westgate on Sea took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. 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 property 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.
Hoping to buy a property located in Westgate on Sea and I am already nervous. I couldn't find anything specific about Westgate on Sea. Conveyancing will be needed in due course but do you know about the Westgate on Sea area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Westgate on Sea. In the meantime here are some basic statistics that we found
My lawyers in Westgate on Sea have advised me that no longer have my conveyancing file. To assist with my purchase I took out a mortgage with the lender. Is it case that being on the lender conveyancing panel they need to have retained the file for a number of years?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the mortgage company Conveyancing Panel Terms. It might be worth you contacting the mortgage company directly.