My IFA has asked me for my Bexley lawyer’ panel reference for the Nat West conveyancing panel. What is the best way to obtain this. I have e-mailed my local Bexley branch but they have not responded to me.
Have you tried calling your Bexley conveyancer about this?. Most Bexley conveyancing practices will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each lender.
My husband and I are acquiring a newly constructed apartment in Bexley and my lawyer is advising me that she has to the lender to reveal incentives from the seller. The Estate Agents are hassling me to sign contracts and I have no desire to prolong the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
My wife and I have organised a further advance on our home loan from RBS as we wish to conduct improvements to our home in Bexley. Are we obliged to choose a nearby Bexley solicitor on the RBS conveyancing panel to deal with the paperwork?
RBS do not ordinarily instruct firms on their conveyancing panel to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the RBS list.
We have agreed to purchase a house in Bexley. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Coventry BS be concerned?
Given that your lender is Coventry BS your lawyer must check the conveyancing requirements contained in Section two of UK Finance Lenders’ Handbook for Coventry BS. The Council of Mortgage Lenders’ Handbook contains minimum conditions for solar panel roof-space leases, and lawyers are required to report to Coventry BS where a lease does not meet these requirements. The provisions relate to the installation of panels on properties in England and Wales and is not isolated to Bexley.
Intending to buy a flat in Bexley. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Lloyds conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Bexley conveyancing practitioner is on the Lloyds conveyancing panel.
I acquired my apartment on 14 January and the transaction details are still not on the land registry website. Need I be worried? My conveyancing solicitor in Bexley advises it should be recorded inside ten days. Are titles in Bexley particularly slow to register?
As far as conveyancing in Bexley registration is no faster or slower than anywhere else in the country. Rather than based on location, timescales can adjust depending on the party submitting the application, whether there are errors and whether the Land registry must send notices to any other parties. Currently roughly 80% of submission are fully dealt with in less than three weeks but occasionally there can be protracted hold-ups. Historically registration occurs after the new owner has moved in to the property thus 'speed' is not typically primary concern but if there is a degree of urgency associated with the registration then you or your conveyancer should contact the land registry and explain the circumstances.
Over the last few months I have been searching for a flat up to £245,000 and identified one close by in Bexley I like with amenity areas and transport links nearby, the downside is that it only has 51 remaining years left on the lease. There is not much else in Bexley suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a home loan the shortness of the lease may be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of twenty four months you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.
I'm remortgaging my existing property to a buy to let mortgage with Santander and intend to use the remaining equity as a down payment on a second house. The location we are interested in is Bexley. Will your conveyancers be able to act for both sets of mortgage companies and tie in the conveyances?
Make use of our search tool on this page to be sure that the solicitors are approved by both lenders. Assuming that they are your conveyancer should be able to tie up the two transactions but you should have a chat with you conveyancer and communicate your expectations and needs.