I am expecting a OIP from Virgin Money this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Virgin Money recommend any Billericay solicitors on the Virgin Money conveyancing panel, or is it better to go independently?
You will need to appoint Billericay solicitors independently although you'll need to choose one on the Virgin Money conveyancing panel. The solicitor represents both you and Virgin Money through the process.
The formalities of my remortgage has taken place for my property in Billericay. Conveyancing was a necessary evil but I would like to complain about the lender. How does one go about formally complaining?
Most lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
I can not fathom if my lender requires a lease extension. I have called my Billericay building society branch on a couple of occasions and was told it wasn't a problem and they will lend. My Billericay conveyancing solicitor - who is on the bank conveyancing panel- called and was told they refuse to lend in accordance with their published requirements. Who do I believe?
The solicitor has to comply with the CML Handbook section two requirements for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
What can a local search inform me regarding the property I am buying in Billericay?
Billericay conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search company for instance Onsearch The local search is essential in every Billericay conveyancing purchase; that is if you don’t want any nasty once you have moved into your property. The search should reveal data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.
I'm buying my first flat in Billericay with the aid of help to buy. The developers would not reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep told me not disclose to my conveyancer about the deal as it would adversely affect my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
My company is intending to take over a lease of a shop on the high street. Can you recommend solicitors offering no-move-no charges for commercial conveyancing in Billericay for below 1500k?
We can recommend firms who have specialist knowledge of commercial conveyancing in Billericay, including the disposal and acquisition of businesses as well as simply premises. Whether you are intending to buy or lease a shop, pub, restaurant, office, retail unit or a complete business we can put you in touch with the right solicitor. Regarding the charges this will depend on the structure and nuances of the deal. Please provide us with your details or call so as to enable us to supply you with comprehensive commercial conveyancing quote.
What type of premises does your Billericay conveyancing estimates apply to?
Our conveyancing quotes are only relevant to standard residential property in England & Wales. Should you have any different needs for instance industrial or agricultural land or commercial conveyancing in Billericay you should contact us to address this further .