We are buying a house and need a conveyancing solicitor in North Ockendon who is on the Nationwide approved panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Nationwide . We don't recommend any particular firms conducting conveyancing in North Ockendon.
My fiance and I are hoping to buy a newbuild flat in North Ockendon with a residential mortgage from Bank of Scotland.We like our North Ockendon conveyancing practitioner but Bank of Scotland advised that she’s not on their approved list of member firms. We have to appoint a Bank of Scotland panel firm or keep our local solicitor and pay for one of their panel ones to represent them. This seems very unfair; Can we not simply insist that Bank of Scotland use our lawyer?
No, not really. The loan offered to you contains various provisions, one of which will be that conveyancers needs to be on the Bank of Scotland approved list. Until recently, most lenders had large numbers of law firms 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. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for Bank of Scotland
Is there a list of Barclays panel conveyancers in North Ockendon on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association websites. Very few mortgage companies make their panel listings visible over the internet. If you are looking for a North Ockendon solicitor on the Barclays please use our tool.
Two weeks ago we had a mortgage agreed in principle with Barclays. North Ockendon conveyancing solicitors have been chosen. What is the average time that one could expect to receive a mortgage offer from Barclays?
There is no definitive answer here. Have Barclays done the survey? Have you informed Barclays as to your lawyers' details and checked that your lawyers are on the Barclays conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I was told four weeks ago that my mortgage has been agreed to by Co-operative. Is it usual for Co-operative to only issue the offer once my solicitor in North Ockendon is approved on their conveyancing panel? Co-operative have asked my solicitor to see a copy of their PI Insurance.
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Co-operative to deal with your lawyer's application to be on the Co-operative conveyancing panel. There's no guarantee that your solicitor will be accepted.
Are there restrictive covenants that are commonly identified as part of conveyancing in North Ockendon?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in North Ockendon. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Yesterday I discovered that there is a flying freehold element on a property I have offered on a fortnight ago in what was supposed to be a simple, chain free conveyancing. North Ockendon is where the house is located. Can you offer any assistance?
Flying freeholds in North Ockendon are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in North Ockendon you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in North Ockendon may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
My husband and I are first time buyers - had an offer accepted, yet the selling agent told us that the seller will only go ahead if we use their preferred solicitors as they want an ‘expedited deal’. Our preferred option is to instruct a local conveyancer who is accustomed to conveyancing in North Ockendon
We suspect that the owner is unaware of this requirement. Should the seller require ‘a quick sale', turning down a motivated purchaser is is going to put the whole deal at risk. Bypass the agents and go straight to the sellers and explain that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)however you are going to instruct your preferred North Ockendon conveyancing firm - rather thanthe ones that will provide the estate agent a kickback or hit his conveyancing thresholds set by head office.