I am not well enough to travel far from Kempshott. Can you please spell out why all Kempshott property lawyers are not on all lender panels?
Pre- 2008 most lenders displayed an attitude to risk which differs from the current day. The financial regulator in 2010 instigated a thematic review into fraud which in summary warned lenders: know the property lawyers on your panel. As a result, banks have subsequently soughtmore data from law firms concerning their operations and the staff who work for them and set certain criteria such as completing a minimum amount of transactions. Thousands of firms have been removed from lender panels even though they had an exemplary disciplinary record, no complaints and no claims and didn't just 'dabble' in conveyancing. Such firms were never going to meet the minimum amount of transactions the lenders required.
Are the BSA planning on creating a online directory to to identify firms on the Norwich and Peterborough Building Society conveyancing panel for example in Kempshott?
We have not been informed any plans on the part of the BSA to develop such a search facility.
I am buying a detached bungalow in Kempshott. The intention is to carry out an extension to the side at the house.Will legal work on the property include checks to determine if these alterations were previously refused?
Your conveyancer should review the deeds as conveyancing in Kempshott will sometimes reveal restrictions in the title documents which prohibit certain works or require the permission of another owner. Some extensions call for local authority planning consent and approval under the building regulations. Certain locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor prior to committing yourself to a purchase.
My husband and I have organised the release of further funds on our mortgage from Bank of Ireland as we intend to conduct improvements to our home in Kempshott. Do we need to appoint a nearby Kempshott solicitor on the Bank of Ireland conveyancing panel to handle the paperwork?
Bank of Ireland would not normally appoint firms on their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Bank of Ireland conveyancing panel.
I am currently in the process of buying my council flat in Kempshott. I have a mortgage agreed with Co-operative. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Co-operative, you will need to appoint a solicitor on the Co-operative conveyancing panel.
Are there restrictive covenants that are commonly picked up during conveyancing in Kempshott?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Kempshott. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I've recently found out that there is a flying freehold element on a house I put an offer in a fortnight ago in what should have been a straight forward, chain free conveyancing. Kempshott is where the house is located. Is there any guidance you can impart?
Flying freeholds in Kempshott are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Kempshott you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Kempshott may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.