I was informed recently by my mortgage broker that my Dagenham the law firm I have appointed is not on the mortgage company Solicitor panel. How can I be certain if this is indeed the case?
The sensible course of action for you to take is to contact your Dagenham conveyancer. You lawyer should notify you of the situation. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
Why do I have to pay up front for conveyancing in Dagenham?
If you are buying a property in Dagenham 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 conveyancing searches. If any down payment is payable against the sale price then this should be required shortly in advance of contracts are exchanged. The closing balance that is needed will be payable shortly before completion.
We're in Dagenham, First timers buying with a mortgage (lender is TSB , and our solicitor is on the TSB conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the TSB conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a straight forward, no chain conveyancing. Dagenham is where the house is located. Is there any advice you can give?
Flying freeholds in Dagenham are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Dagenham you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Dagenham may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Is it best to use a Dagenham conveyancing solicitor in close proximity to the house I am buying? An old friend can perform the legal work but his firm is located a couple of hundredkilometers drive away.
The benefit of a local Dagenham conveyancing firm is that you can visit the firm to execute paperwork, deliver your identification documents and apply pressure on them if necessary. Having local Dagenham know how is a benefit. That being said nothing is more important than finding someone that will do a good and efficient job. If if people you trust used your friend and on the whole were content that must surpass using an unfamiliar Dagenham conveyancing lawyer solely due to them being local.