I am selling my flat in Bourne End and the EA has just called to warn that the purchasers are appointing a new solicitor. The reason given is that the bank will only engage with property lawyers on their approved list. Why would a major lender only deal with certain law firms rather the firm that they want to choose to handle their conveyancing in Bourne End ?
Mortgage companies have always had panels of law firms they are content to work with, but in the last few years big names such as Lloyds Banking Group, have reviewed and reduced their conveyancing panel– in some cases removing conveyancing firms who have represented them for more than 15 years.
Mortgage companies justify this action to a rise in fraud as the reason for the reduction – criteria have been narrowed as a smaller panel is easier to keep an eye on. Banks tend not to reveal how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society claims that it is hearing daily from firms that have been removed from panels. Plenty of firms are unaware that they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. Your buyers are not going to have any sway in the decision.
I require conveyancing for an apartment in a relatively new development (6 years old) in Bourne End. The vast majority the flats have already been sold. Is it really necessary to order neighbourhood searches for my conveyancing in Bourne End?
You are putting yourself at risk in refusing to carrying out Bourne End conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal necessity to have them, but we would absolutely advise in the strongest possible terms that your lawyer conducts them. Where time pressures and price are primary issues you should discuss with your solicitor about the options such as indemnity insurance available to you
I am assisting my mother sell her house in Bourne End. Does the solicitor order an EPC or it is for the owner to coordinate?
After the demise of HIPs, energy performance certificates was retained a mandatory element of moving property. An EPC should be to hand in advance of the property being put on the market. It is not a task that conveyancers ordinarily organise. Where you are using a Bourne End conveyancing practitioner they may be willing to arrange energy performance certificates due to their contacts with reputable local energy assessors
Have just purchased a repossessed house at auction in Bourne End. Conveyancing is necessary. What happens now?
Now that you have to all intents and purposes signed on the dotted line you will need to appoint a conveyancing practitioner as a matter of priority as you now have a pending a fixed date to complete the conveyancing. Every auction property will have an associated legal pack. This should include most,if not all of the paperwork that your conveyancer requires. 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 specific to leasehold premises. You need to hand this to the conveyancer instructed by you at the earliest opportunity. Do make sure that that you have the requisite funding in place to complete the transaction on the set completion date.
About to purchase maisonette in Bourne End. 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 Bourne End solicitor is on the UBS conveyancing panel.
What will a local search tell me about the house my wife and I purchasing in Bourne End?
Bourne End conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search organisations for example PSG The local search plays an important role in most Bourne End conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your new home. The search will reveal data on, amongst other things, details on planning applications relevant 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 sections.
I am looking into buying my first house which is in Bourne End and I am already nervous. I couldn't find anything specific about Bourne End. Conveyancing will be needed in due course but do you know about the Bourne End area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Bourne End. In the meantime here are some basic statistics that we found