I am under pressure from the seller of a property in Faversham to sign contracts within four weeks. What can I do to hasten the buying process?
First, If you are under pressure to exchange it is highly recommended that your lawyer is familiar with the location as they will make use of local relationships and intelligence. It is possible that they would have transacted otherhomes in the same street. You would be best advised to use a Faversham conveyancing lawyer. Second, be sure that the lawyer is on the on the approved list for your mortgage company. It is believed that 18% of Faversham conveyancing deals are frustrated or jeopardised after finding out that a buyer’s conveyancer was not on their mortgage lender’s list of approved solicitors. In many cases this discovery resulted in the transaction being frustrated by an average of three weeks. It is claimed that this issue impacts approximately one hundred thousand home moves annually. Many Faversham conveyancing firms can not represent certain lenders so do check as early as possible.
In what way does my ID and proof of funds have anything to do with my conveyancing in Faversham? What am I being asked for?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to check the ID of the potential client they are dealing with before they can accept their conveyancing retainer. The Terms and Conditions that you are required to sign should reaffirm this. Your lender will also require certain documents to be checked. Should you refuse to provide ID verification documents, your lawyer will not be able to take you on as a client.
If you had a top tip for selecting a conveyancing solicitor in Faversham what would it be?
It would be unwise to be tempted by the lowest Faversham conveyancing fees. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
I am due to move house in May. Does my conveyancing solicitor call the removal company on the day of completion. Incidentally, can you suggest a removal company in Faversham. Conveyancing lawyer was chosen before I stumbled across your website.
On the day of completion you can pick up the house keys from the property agent but this should only take place once the vendors solicitors confirm to the agent that they have the completion monies and the keys can be passed over. After that you should inform the removal men that they can start moving you in. We do not suggest a specific removal organisation but can assist you in locating a residential property solicitor in Faversham or a solicitor that specialises in conveyancing in Faversham.
Completion of my remortgage has taken place for my property in Faversham. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
My company is looking to lease a unit on a shopping parade. Can you recommend lawyers offering competitive fees for commercial conveyancing in Faversham for below £2000?
We can recommend firms who host a wealth of experience of commercial conveyancing in Faversham, including the disposal and purchase of businesses as well as simply property. Whether you are looking to buy or sell a shop, pub, restaurant, office, retail premises or a whole business we can find you the right lawyer. As for the fees this will depend on the structure and nuances of the proposed transaction. Let us have your contact information or email so as to enable us to supply you with a fixed commercial conveyancing quote.
I happen to be an executor of my recently deceased aunt’s Will, with a property in Faversham which is to be marketed. The property has never been registered at HMLR and I'm told that many estate agents will insist that it is completed before they will move forward. What's the procedure for this?
In the situation that you have set out it seems sensible to apply to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. HMLR’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and official copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.