My partner and I are intent on buying a flat in Epping. My Solicitor is not listed on the lender solicitor list. Can I still appoint my Epping conveyancing solicitor notwithstanding that they are excluded from the mortgage company list of approved lawyers?
One will need to have a lawyer to complete the legal work required when you require a loan to purchase your home. They will carry out all the essential legal checks on the property, make sure that you’re registered as proprietor and ensure that all the necessary mortgage paperwork is in place. One could appoint a Epping lawyer of your choosing. However, where the property lawyer selected is not on the lender approved list supplemental costs will be incurred as separate legal representation will be need by the bank. Conveyancing panel applications may be submitted, so where your conveyancer has not in the past applied for membership they should do so.
I am helping my aunt sell her flat in Epping. Will the conveyancer order the energy assessment or it is for me to see to?
Following the abolition of HIPs, EPC’s was retained a mandatory element of moving property. An energy performance certificate needs to be to hand prior to the property being put on the market. This is not a task that conveyancers ordinarily organise. If you are instructing a Epping conveyancing practitioner they might help arrange energy performance certificates given their contacts with long established Epping accredited person
I had a mortgage agreed in principle with Virgin Money. Epping conveyancing solicitors were appointed. How long does it take for Virgin Money to send the offer to the solicitor?
There is no definitive answer here. Have Virgin Money done the valuation? Have you advised Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
My offer was accepted on an apartment in Epping on 4/6/2024, valuation was booked 3 days after, all came back fine. Property lawyer instructed, so all that was missing was my mortgage offer. Having made daily calls to Clydesdale and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Clydesdale conveyancing panel. Are Clydesdale entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Clydesdale to deal with your lawyer's application to be on the Clydesdale conveyancing panel. There's no guarantee that your solicitor will be accepted.
I need some fast conveyancing in Epping as I have an ultimatum to complete in less than 4 weeks. A mortgage is not required. Is it possible to avoid the conveyancing searches to save fees and time?
As you are not obtaining a home loan you are at liberty not to do searches although no conveyancer would advise that you don't. Drawing on years of experience of conveyancing in Epping the following are examples of what can be revealed and therefore affect market value: Refused Planning Applications, Outstanding Charges, Overdue Grants, Railway Schemes,...
How does conveyancing in Epping differ for new build properties?
Most buyers of new build property in Epping contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is built. This is because developers in Epping tend to acquire the site, 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 used to new build conveyancing in Epping or who has acted in the same development.
We're first time buyers - agreed a price, yet the agent has warned us that the seller will only proceed if we appoint their recommended solicitors as they are insisting on a ‘quick sale’. My instinct tells me that we should use a family conveyancer with experience of conveyancing in Epping
We suspect that the seller is unaware of this demand. Should the owner desire ‘a quick sale', turning down a genuine purchaser is likely to cause more damage than good. Contact the vendors directly and make the point that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)but you will continue to use your preferred Epping conveyancing solicitors - rather thanthe ones that will provide their negotiator at the agency a referral fee or meet his conveyancing thresholds demanded by corporate headquarters.