My IFA requires my West Malling solicitor’s panel reference for the Nationwide conveyancing panel. What is the best way to obtain this. I have called my local West Malling office but they have not got back to me yet.
You are best placed to get this information from your West Malling property lawyer . Most West Malling conveyancing practices will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
Why is leasehold purchase conveyancing in West Malling is more expensive?
The conveyancing costs for a leasehold premises in West Malling is often more expensive than on a freehold acquisition or disposal. This is because there is an amount of supplemental investigations required in liaising with the freeholder and management company to collate the evidence about whether the rent and maintenance fee have been discharged and whether there are any large sums expected to be spent in the foreseeable future on repairs or maintenance of the building.
We're in West Malling, First timers purchasing with a mortgage (lender is Yorkshire BS , and our lawyer is on the Yorkshire BS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Yorkshire BS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I opted to have a survey done on a house in West Malling prior to instructing lawyers. I have been told that there is a flying freehold overhang to the property. The surveyor has said that some lenders may refuse to give a loan on such a home.
It varies from the lender to lender. HSBC has different requirements for example to Halifax. If you e-mail us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in West Malling. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in West Malling to see if the conveyancing will be more expensive.
Do I need to be concerned about estate agents that I am dealing with are recommending a web based conveyancing firm rather than a High Street West Malling conveyancing practice?
As is the case with lots of professional services, often referrals from connections can be worth their weight in gold. Yet there are numerous people with a keen interest in a conveyancing matter; estate agents, mortgage brokers and mortgage companies may recommend solicitors to choose. On occasion these solicitors might be known to one of the organisations as experts in their field, but occasionally there may be a financial incentive behind the endorsement. You are at liberty to select your preferred conveyancer. You need to be aware that the majority of mortgage providers have an approved list of conveyancers you must use for the lender aspect of your conveyancing.