I can't travel far from Leigh On Sea. I would like to know the understand why all Leigh On Sea conveyancing practitioners are not on all mortgage company panels?
As inequitable as it may seem for banks to limit who can represent them, from the public’s or conveyancer’s perspective, the other side of the coin is that lenders are becoming ever more anxious and regard it imperative to defend themselves against illegal activities. As a result of this concern banks have restricted their panel of approved conveyancing lawyers to a manageable size.
I have given 8 weeks notice to my current landlord and must vacate my let out flat in Leigh On Sea by 2/12/2020. Conveyancing for my house purchase is progressing. How realistic is it to complete in a couple of weeks as I wish to avoid having to move into temporary accommodation?
Generally one should not serve notice for your tenancy unless you have exchanged. If you have not previously done so, notify to your conveyancer and request that they apply pressure on the other side, try to get a realistic time scale from them that everyone will work towards
Is there a search tool that I can utilise to find out if the solicitor handling my conveyancing in Leigh On Sea is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for The Mortgage Works thus paying £187.00 plus VAT in supplemental conveyancing bill.
You should make use of the search tool on this page. Please choose the mortgage company and type ‘Leigh On Sea’ or your preferred area and you will see numerous solicitors located in Leigh On Sea or by proximity to you.
Can you help - my lawyer says that lack of building regulations insurance is needed on my purchase. What is the level of cover for Leigh On Sea conveyancing?
The appropriate level of lack of building regulations indemnity insurance depends on your lender. It would differ for example between Nationwide Building Society and Barnsley Building Society. Conveyancing lawyers as opposed to members of the public take out such policies.
I happen to be the single recipient of my late father’s will and I have everything in my name now, including the my former home in Leigh On Sea. Conveyancing formalities meant that the Land Registry date was in September. I want to move. I understand that there is a Mortgage Lenders six month 'rule', which means that my proprietorship could be considered the same way as if I'd bought the house in September. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be affected by that. How sensible a view lenders take of it, depend on the bank as this requirement is primarily there to identify subsales or the wholesaling and assigning of property.
HSBC have agreed my home loan in principle, my offer on a apartment in Leigh On Sea has been accepted, what are the next steps?
Your estate agent will wish to be informed of your conveyancer's details (be sure the conveyancers are on the bank’s panel). Telephone HSBC or your broker and finalise any relevant documentation. HSBC will appoint a valuer who will get in contact with the selling agent or vendor to book a slot for the valuation to take place. Once conducted (assuming no problems) it takes approximately a week for the mortgage offer to be issued. HSBC will issue the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Leigh On Sea.
I used Action Conveyancing several years past for my conveyancing in Leigh On Sea. I now require my papers but the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Leigh On Sea of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.