We are soon to complete buying a house in Bromley but as a consequence of damage from some water damage at the property I have was able negotiate compensation from the vendor of £3k in the form of a reduction in the price. I had intended this to be addressed as part of a side agreement yet Aldermore are not allowing this. Should they have been informed?
The solicitor that is on the Aldermore conveyancing panel is duty bound to advise Aldermore of any amendments to the sale price. If you prohibit your conveyancer to disclose the price change to Aldermore then they would have to discontinue acting for you. In addition, Aldermore and you would have to appoint a new property lawyer for your conveyancing in Bromley.
The Bromley conveyancing lawyers that I appointed last week on my purchase in Bromley have without warning closed. They were on acting for me because I needed a solicitor on the Nottingham conveyancing panel and my preferred Bromley lawyer was not. I gave my credit card details for them to take £195 for searches. What should be my next steps?
If you have an estate agent involved then let them know immediately so that they advise the vendors that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Nottingham conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to assist.
I have been on the look out for a ground for flat up to £195,000 and found one round the corner in Bromley I like with open areas and transport links nearby, the downside is that it only has 61 remaining years left on the lease. There is not much else in Bromley for this price, so just wondered if I would be making a grave error buying a short lease?
If you require a home loan that many years will likely be an issue. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least twenty four months you can request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.
Is it possible to swap solicitor as I have to appoint one who is on the Norwich and Peterborough Building Society conveyancing panel. I had appointed a high street conveyancing solicitor in Bromley round the corner but she is not approved by Norwich and Peterborough Building Society
It would be our pleasure to help you select a conveyancing solicitor in Bromley on the Norwich and Peterborough Building Society panel. Please note that the solicitors that we work with do not pay us fee if you instruct them and are registered with the Solicitors Regulation Authority who regulate all conveyancing solicitors in Bromley. In utilising the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Bromley.
My husband and I are a fortnight into a leasehold purchase having been directed to solicitors by the high street agent to execute conveyancing in Bromley. I am not happy. Could you you assist me in finding new conveyancers?
They would have to be very poor in order to consider replacing them. Has the loan offer been generated? In the event that it has you will need to advise them of the new contact details and get the mortgage documents are re-issued. Your new conveyancer needs to be on the banks panel to avoid supplemental expenses and delays. That should be your first question of the new conveyancers. Our find a solicitor tool should assist you in finding a bank approved conveyancer for your home move in Bromley