I am selling my home in East Grinstead and the EA has just text me to say that the buyers are swapping property lawyer. The reason given is that the bank will only engage with property lawyers on their conveyancing panel. Why would a major lender only work with specific solicitors rather the firm that they want to choose for their conveyancing in East Grinstead ?
Lenders have always had an approved set of law firms they are content to work with, but in the last few years big names such as Nationwide, have reviewed and reduced their conveyancing panel– in some cases removing conveyancing firms who have acted for them for decades.
Mortgage companies justify this action to a rise in fraud as the reason for the reduction – criteria have been narrowed as a smaller panel is easier to oversee. Banks tend not to disclose how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society says it is being contacted daily by practices that have been removed from panels. Plenty of firms do not even realise they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. The purchasers are unlikely to have any sway in the decision.
I am due to complete on the purchase of a property in East Grinstead but as a result of wreckage from a small fire at the property I have was able negotiate compensation from the owner in the sum of £3k taking the form of a deduction in the price. This was going to be dealt with as part of amending the contract however Barclays are not allowing this. Why were they notified?
Your lawyer being on a Barclays conveyancing panel is obliged to disclose to Barclays of any variations to the sale price. If you were to refuse your conveyancer to report the reduction to Barclays then they would have to discontinue acting for you. In addition, Barclays and you would have to appoint a new conveyancer for your conveyancing in East Grinstead.
We just had an offer accepted to buy with Coventry BS. We have called around locally but cant to find a East Grinstead conveyancing firm on the Coventry BS panel. Please you assist?
Feel free to take advantage of the search tool on this page. Pick the mortgage company and type East Grinstead or your location and you will see a number of lawyer offices in East Grinstead or near you.
Have completed on a a detached house in East Grinstead , What is the estimated time for the Land Registry to deal with the formalities evidencing the transfer to my name? My East Grinstead conveyancing solicitor works at snail pace, so I want to be sure the registration is addressed.
As far as conveyancing in East Grinstead is concerned, registration is no quicker or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timeframes can adjust according to who lodges the application, whether it is in order and if the Land registry have to notify any 3rd persons or bodies. Currently roughly 80% of such applications are completed within 12 days but some can be subject to longer delays. Historically registration is effected after the new owner is living at the premises so post completion formalities is not always primary concern but if it is urgent that the the registration takes place urgently then you or your conveyancer could communicate with the Registry to express the reasoning for an expedited registration.
The estate agent has sent us the confirmation of our purchase of a new build flat in East Grinstead. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in East Grinstead
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Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
I am selling my property. My former solicitors has retired. I am in need of a recommendation of a conveyancing firm. Im based in East Grinstead if that makes a difference.
Do use our search tool to help you find a solicitor for your conveyancing in East Grinstead. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.