Me and my partner are buying a flat in Bexleyheath. My Solicitor is not listed on the lender conveyancing list. Can I still use my Bexleyheath conveyancing solicitor even though they are not on the lender panel?
Your options include
- Complete the deal with your preferred Bexleyheath property lawyer but your lender will undoubtedly use a property lawyer from their conveyancing panel. The net result is additional fees together with likely delay.
- Appoint a fresh solicitor to conduct the conveyancing, obviously checking they are on the mortgage company conveyancing panel.
- Convince your property lawyer to pull out all the stops to get listed on the mortgage company conveyancing panel
Our son-in-law is about to exchange on a newly built flat in Bexleyheath with a home loan from RBS. His solicitor has advised him of a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the RBS conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the RBS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Bexleyheath. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 1/11/2019, the requirements read as follows :
How does conveyancing in Bexleyheath differ for newly converted properties?
Most buyers of new build premises in Bexleyheath contact us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is constructed. This is because new home sellers in Bexleyheath tend to purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Bexleyheath or who has acted in the same development.
Given that I will soon spend over three hundred thousand on 3 bedroom house in Bexleyheath I wish to have a conversation with the solicitor about myhome move ahead of giving the go ahead to the firm. Can this be arranged?
This is something that we encourage - we would be delighted to talk to you we do not take any clients on without you speaking to the conveyancer who will be doing your conveyancing in Bexleyheath.There is no ‘factory style conveyancing’ - every client is an important individual, not a matter reference. The solicitors that we put you in touch with believe that the fees you are quoted for residential conveyancing in Bexleyheath should be the figure that you are charged.
I need to instruct a conveyancing solicitor for purchase conveyancing in Bexleyheath. I happened to stumble across a site which looks to be the ideal offering If there is a chance to get all this stuff completed via web that would be ideal. Should I 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?