When does exchange of contracts happen for sale conveyancing in Gillingham and do I need to attend the conveyancers branch?
If you are local to one of the conveyancing solicitors in Gillingham you are welcome to attend to sign the paperwork. That being said, the lender approved solicitors we work with supply countrywide coverage for conveyancing and provide as equally detailed and professional a job for you when communicating with you digitally. The signing of the contract is not the point of no return. Signing on the dotted line is necessary for the firm to address the formalities at the appropriate time, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Gillingham)to be in the office at the appropriate time.
My husband and I are buying a newly converted apartment in Gillingham with a residential mortgage from Norwich and Peterborough Building Society.We have a Gillingham conveyancing solicitor but Norwich and Peterborough Building Society informed us his firm is not listed on their approved list of member firms. It seems we have little choice but to instruct a Norwich and Peterborough Building Society panel lawyer or keep our high street solicitor and fork out for a Norwich and Peterborough Building Society panel lawyer to represent them. This seems very unfair; is there anything we can do?
No, not really. The home loan offered to you is subject to its various provisions, one of which will be that conveyancers needs to be on the Norwich and Peterborough Building Society conveyancing panel. in the past, most banks had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Norwich and Peterborough Building Society
What is your number one tip for choosing a conveyancing solicitor in Gillingham
We would encourage you not to base your choice on the cheapest Gillingham conveyancing quote. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
It is not clear whether my lender requires a lease extension. I have telephoned my Gillingham building society branch on numerous occasions and was reassured it wasn't a problem and they will lend. My Gillingham conveyancing solicitor - who is on the mortgage company conveyancing panel- called and was told they refuse to lend in accordance with their published requirements. Who do I believe?
As long as the lawyer is on the mortgage company panel, they must comply with the Council of Mortgage Lenders’ Handbook conditions for the lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
My offer was accepted on an apartment in Gillingham on 1/10/2025, valuation was booked 2 days later, all came back fine. Conveyancer instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to Principality and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Principality conveyancing panel. Can the lender hold off the offer?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Principality to deal with your lawyer's application to be on the Principality conveyancing panel. There's no guarantee that your solicitor will be accepted.
What is different about your site and other internet conveyancing solicitors when it comes to conveyancing in Gillingham?
At this site receive a conveyancing quote from a Solicitor or Licensed Conveyancer that understands the issues for your conveyancing in Gillingham. As opposed to estate agents and many comparison sites we do not have kick-back arrangements with solicitors. Many agents and online brokers 'recommend' solicitors who pay the highest per referral, not the best value conveyancing in Gillingham
I need to find a conveyancing solicitor for my conveyancing in Gillingham. I have chance upon a web site which appears to be the ideal solution If it is possible to get all this stuff completed via phone that would be ideal. Should I be concerned? 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?
What advice can you give us when it comes to choosing a Gillingham conveyancing firm to carry out our lease extension conveyancing?
When appointing a solicitor for your lease extension (regardless if they are a Gillingham conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you speak with two or three firms including non Gillingham conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be of use:
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Can they put you in touch with clients in Gillingham who can give a testimonial? If the firm is not ALEP accredited then what is the reason?
I acquired a studio flat in Gillingham, conveyancing was carried out 10 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding properties in Gillingham with a long lease are worth £195,000. The ground rent is £45 invoiced annually. The lease comes to an end on 21st October 2088
With just 63 years remaining on your lease the likely cost is going to be between £16,200 and £18,600 as well as professional fees.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first seeking the advice of a professional.