I am purchasing residence in Upminster. My Solicitor has never been on on the lender approved list. Can I still appoint my Upminster conveyancing solicitor even though they are not on the bank panel?
You will need to have a conveyancer to deal with the legal work required if you take out a mortgage to purchase your home. The conveyancer will carry out all the relevant legal checks on the property, make sure that you will be properly registered as the owner and ensure that all the necessary mortgage documentation is dealt with. You could instruct a Upminster solicitor of your choosing. Nevertheless, where the lawyer selected is not a member of the mortgage company approved list further costs will arise as separate legal representation will be need by the bank. Lender panel applications can be submitted, so provided your conveyancer has not previously applied for membership they can do so.
We are buying a flat and need a conveyancing solicitor in Upminster who is on the TSB conveyancing 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 TSB . We don't recommend any particular firms conducting conveyancing in Upminster.
we are a couple who are hoping to buy a newbuild apartment in Upminster with a loan from Godiva Mortgages Ltd.We use our Upminster conveyancing lawyer but Godiva Mortgages Ltd advised that she’s not listed on their "panel". We have to appoint a Godiva Mortgages Ltd panel firm or retain our high street solicitor and pay for a Godiva Mortgages Ltd panel lawyer to act for them. This seems very unfair; Can we not simply insist that Godiva Mortgages Ltd use our lawyer?
Unfortunately,no. The mortgage issued to you contains various provisions, one of which will be that lawyers will be on the Godiva Mortgages Ltd conveyancing panel. in the past, most banks 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 Godiva Mortgages Ltd
How does conveyancing in Upminster differ for new build properties?
Most buyers of new build premises in Upminster come to us having been asked by the developer to sign contracts and commit to the purchase even before the residence is ready to move into. This is because developers in Upminster usually acquire the land, 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 conveyancing solicitors 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 Upminster or who has acted in the same development.
I'm remortgaging my current home to a BTL loan with National Westminster Bank and intend to use the remaining equity as a deposit on further house. The location we are looking at is Upminster. Will your conveyancers be able to act for the two banks and link together the two deals?
Do use our search tool on this site to be sure that the lawyers are on the relevant lender panels. Assuming that they are the lawyer should be able to connect the two conveyancing matters but you should talk with you solicitor and make clear your desired outcome and needs.
As co-executor for the will of my aunt I am selling a property in Swansea but reside in Upminster. My lawyer (based 250 kilometers from mehas requested that I execute a statutory declaration prior to the transaction finalising. Can you recommend a conveyancing solicitor in Upminster who can witness this legal document for me?
Technically speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are Upminster based