My wife and I are buying a 1 bedroom apartment in Tilbury with a mortgage. We have a Tilbury solicitor, however the mortgage company says he's not on their "panel". We have to appoint one of the bank panel solicitors or retain our Tilbury conveyancer as well as pay for one of their panel lawyers to represent them. We consider that this is inequitable; are we not able to require that the lender use our Tilbury conveyancer ?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose 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 Tilbury conveyancing lawyer to apply to be on the conveyancing panel.
We were just about to sign contracts for a leasehold flat in Tilbury. We encountered a snag. The loan offer with Virgin Money runs out on 28/1/2022 but the sellers are putting forward a completion date of 1/2/2022. Can one prolong the loan expiry date?
The best person to address this question is your lawyer who should assess if he or she is corresponding with the lender, vendor’s conveyancers, estate agents or indeed all three given the history of your house move as of today.
Do conveyancers request money on account when it comes to conveyancing in Tilbury?
If you are buying a property in Tilbury your solicitor will ask you to provide them with monies to cover the search fees. This will be the total of the cost of the Local Authority Search. When the down payment is payable against the purchase price then this will be asked for immediately before contracts are exchanged. Any further balance that is needed should be transferred shortly before completion.
Should commercial conveyancing searches reveal proposed roadworks that could affect a commercial estate in Tilbury?
Many commercial conveyancing solicitors in Tilbury will conduct a SiteSolutions Highways report as it reduces the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Tilbury. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Tilbury.
For every commercial conveyancing transaction in Tilbury it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can result in delays to Tilbury commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not carried out for residential conveyancing in Tilbury.
I have justbecome aware that Wolstenholmes have closed. They carried out my conveyancing in Tilbury for a purchase of a leasehold apartment 9 months ago. How can I check that my home is not still registered in the name of the former proprietor?
The quickest method to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Tilbury conveyancing specialists.
I am 18 days into a freehold purchase having been referred to solicitors by the selling agent to execute conveyancing in Tilbury. We are not happy. Could you you assist me in finding new conveyancers?
A lawyer would have to be really poor in order to consider diss instructing them. Has your mortgage offer been issued? In the event that it has you need to inform them of the replacement solicitor and get the loan are re-sent. Your solicitor ideally needs to be on the banks approved list to avoid escalating expenses and frustration. That should be your starting point. Our search tool should assist you in finding a bank approved solicitor for your conveyancing in Tilbury