Is the fact that my conveyancer in Tilbury is not listed on my lender's solicitor panel that there is a problem with the standard of her work?
It would be unwise to jump to that conclusion. There are all sorts of perfectly plausible explanations. Just recently a report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should simply call the Tilbury conveyancing practice and ask them why they are no longer on the approved list for your lender.
My conveyancer has identified a a legal deficiency with the lease for the flat we are buying in Tilbury. The other side have put forward title insurance as a solution. We are happy with insurance and will pay for it. Our solicitor has advised that he must be satisfied that the mortgage company is content with this solution. Are we the client or is the lender?
Regardless of the fact that you have a mortgage offer from the mortgage company does not mean to say that the property will meet their conditions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook provisions. You and the lender are the client. These conveyancing instructions have to be complied with.
Do banks and building societies provide you with an approved list of Tilbury conveyancing solicitors? How do you know who is on the UBS conveyancing panel?
Tilbury conveyancing firms themselves provide us confirmation that they are on the UBS conveyancing panel as opposed to being supplied with a list from UBS directly.
We are planning to purchase with Norwich and Peterborough Building Society. We have called around locally yet am unable to find a Tilbury conveyancing firm on the Norwich and Peterborough Building Society approved list. Please you assist?
Please do make use of the search tool on this page. Please choose the building society and type Tilbury or your location and you will see a number of lawyer based in Tilbury or by proximity to you.
Have just purchased a repossessed house at auction in Tilbury. Conveyancing is needed. What is next?
Now that you have for all intents and purposes signed on the dotted line you must retain a conveyancing lawyer as a matter of urgency as you are facing a tight a fixed date to complete the purchase. An auction property will ordinarily have a bespoke auction pack. This will likely include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold property the legal papers may provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork relating to leasehold premises. You should give this to your appointed conveyancing solicitor as soon as possible. Do make sure that that you have the requisite funding organised to complete on the date specified in the contract.
Can I be sure that the Tilbury conveyancing solicitor on the UBS panel is any good?
When it comes to conveyancing in Tilbury seeking recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the solicitor handling your conveyancing.
About to purchase flat in Tilbury. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the UBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Tilbury conveyancer is on the UBS conveyancing panel.
I decided to have a survey carried out on a house in Tilbury in advance of retaining lawyers. I have been advised that there is a flying freehold element to the house. The surveyor has said that some banks will refuse to give a loan on such a premises.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Nationwide. Should you wish to telephone us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Tilbury. Conveyancing may be slightly more expensive based on your lender's requirements.