We just had an offer accepted to purchase with Earl Shilton BS. I popped in 3 or 4 high street companies but am unable to find a Southend On Sea conveyancing firm on the Earl Shilton BS panel. Please you assist?
Please do take advantage of the find a lender approved solicitor tool on this site. Please choose the lender and type Southend On Sea or your location and you will see numerous conveyancers based in Southend On Sea or near you.
When it comes to lenders such as Barclays, do Southend On Sea conveyancers have to pay an annual charge to be on the list of approved solicitors?
We are not aware of any bank fees to register on their list of approved firms, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.
We have agreed to purchase a house in Southend On Sea. A rare aspect is that the roof has a solar panel. Yorkshire BS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with Yorkshire BS your lawyer must comply with the conveyancing requirements outlined in Part two of UK Finance Lenders’ Handbook for Yorkshire BS. The CML Handbook includes minimum conditions for solar panel roof-space leases, and solicitors are required to report to Yorkshire BS where a lease fails to comply with these requirements. The provisions relate to the installation of panels on properties in England and Wales and is not isolated to Southend On Sea.
My partner and I are in the throws of viewing houses in Southend On Sea and I am now considering a potential offer. Is it wise to have a conveyancer on ‘stand by’? I intend to finance via a mortgage with HSBC.
You should start requesting conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on to the EA. As you are obtaining a mortgage with HSBC, ask your prospective lawyers if they are on the HSBC conveyancing panel otherwise they can't do the mortgage legal work.
four months have elapsed following my purchase conveyancing in Southend On Sea completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a quick, chain free conveyancing. Southend On Sea is the location of the property. What do you suggest?
Flying freeholds in Southend On Sea are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Southend On Sea you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Southend On Sea 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 residence.
How do I use your search tool to select a conveyancing solicitor in Southend On Sea on the panel for my bank?
1st choose a bank such as National Westminster Bank, The Mortgage Works or Nottingham Building Society then choose your preferred area a common one being Southend On Sea. Conveyancing firms in Southend On Sea and beyond should be listed.
Why is it not possible to complete my conveyancing in Southend On Sea on May bank holiday?
Because on completion the money will be transferred electronically between the banks of the purchaser and seller's conveyancing practitioner and at present this can only happen on a business day. It is not possible to complete on a saturday or sunday either.