I am obtaining a mortgage offer from Lloyds. I would like to retain the legal services of a Licensed Conveyancer in Rainham. Does the Lloyds Solicitor panel allow for Licensed Conveyancers?
The Lloyds conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
My grandfather passed away last year and as sole heir and executor I was left the house in Rainham. The house had a relatively small loan left on it of around £5k. I want to have the title changed into my name whilst I re-mortgage to Bank of Ireland, pay off the mortgage. Is this possible?
If you plan to refinance then Bank of Ireland will require that you use a conveyancer on the Bank of Ireland conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Bank of Ireland conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Bank of Ireland mortgage is registered as a charge at the Land Registry.
Is there a list of UBS panel conveyancers in Rainham on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association websites. A small selection of lending institutions make their panel listings visible on the web. If you are in need of a Rainham lawyer on the UBS please use our tool.
I have decided to exercise my right to buy my property in Rainham off the council. I have a mortgage offer with UBS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with UBS, you will need to appoint a solicitor on the UBS conveyancing panel.
I had an offer accepted on a house in Rainham on 20/12/2024, valuation was booked five days later, all came back fine. Solicitor appointed, so all that was missing was my mortgage offer. Having made daily calls to Nottingham and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Nottingham conveyancing panel. Can the lender hold off the offer?
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 Nottingham to deal with your lawyer's application to be on the Nottingham conveyancing panel. There's no guarantee that your solicitor will be accepted.
I need some expedited conveyancing in Rainham as I am under pressure to complete within 3 weeks. A mortgage is not required. Can I avoid the conveyancing searches to save fees and time?
If.Given you are are a mortgage free purchaser you are at free not to do searches although no solicitor would recommend that you don't. Drawing on years of experience of conveyancing in Rainham the following are instances of what can be revealed and adversely affect future mortgageability: Refused Planning Applications, Overdue Fees, Overdue Grants, Unadopted Roads,...
How does conveyancing in Rainham differ for new build properties?
Most buyers of new build residence in Rainham come to us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is built. This is because house builders in Rainham tend to acquire the site, 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 conveyancers 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 accustomed to new build conveyancing in Rainham or who has acted in the same development.
I'm refinancing my current house to a BTL loan with Bank of Ireland and intend to use the remaining equity as a down payment on another house. The area we are talking about is Rainham. Will your lawyers be able to act for both sets of lenders and tie in the transactions?
Do use our comparison tool on this page to be sure that the solicitors are approved by both lenders. Assuming that they are the conveyancer will be able to connect the two conveyancing matters but you should have a chat with you conveyancer and make apparent your expectations and needs.