I plan on buying a flat in Sandgate. My property lawyer is not listed on the lender approved panel. Am I still permitted to retain my Sandgate conveyancing solicitor even though they are not on the mortgage company list of approved lawyers?

Various options include

• Complete the purchase with your preferred Sandgate lawyer but your lender will no doubt use a conveyancing practitioner from their conveyancing panel. The net result is additional cost together with potential frustration.
• Get a fresh conveyancing practitioner to conduct the conveyancing, making sure they are on the bank conveyancing panel.
• Convince your conveyancer to pull out all the stops to join the bank’s conveyancing panel

Can conveyancing in Sandgate to be finalised in 10 days?

In the event that the seller is applying pressure to sign contracts it is advisable to make sure that your solicitor is familiar with the location as they will have local contacts and insight. It is even conceivable that they may have transacted previoushomes in the same road. You would be best advised to use a Sandgate conveyancing lawyer. In addition, be sure that the conveyancing firm is on the on the approved list for your mortgage company. It is believed that just under twenty per cent of Sandgate conveyancing transactions are delayed or jeopardised after finding out that a buyer’s lawyer was not on their mortgage lender’s member panel. This can often result in the legal transfer of property being held up by almost 21 days. It is claimed that this issue affects approximately 100,000 home sales annually. Almost all Sandgate conveyancing practices can not act for certain lenders so do check as early as possible.

It has been 3 months since my purchase conveyancing in Sandgate took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. 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 asset 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.

I need to find a conveyancing solicitor for purchase conveyancing in Sandgate. I happened to stumble across a site which looks to be the perfect answer If it is possible to get all formalities completed via web that would be preferable. Do I need to be wary? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

Last June I purchased a leasehold house in Sandgate. Do I have any liability for service charges relating to a period prior to my ownership?

Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Sandgate Conveyancing for Leasehold Flats - Sample of Queries Prior to Purchasing

It would be a good idea to discover if there is anything that is prohibited in the lease. For instance some leases prohibit pets being allowed in in a block in Sandgate. If you love the apartmentin Sandgate but your cat is not allowed to make the move with you then you will be presented with a difficult determination. For most Sandgate leaseholds the outlay for major works are not incorporated into the service charges, although there some managing agents in Sandgate require leaseholders to contribute towards a reserve fund created for the specific intention of establishing a fund for larger repairs or maintenance.