Much to our surprise we have been notified by our financial adviser that my Tilbury property lawyer is not on the bank Conveyancing panel. How can I be certain if this is indeed the case?
The best course of action for you to take is to contact your Tilbury conveyancer. You lawyer should inform you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your bank.
We see that you have a post code search directory listing law firms on the Principality conveyancing panel. Do companies pay you a referral fee if I instruct them for our own conveyancing in Tilbury?
We are a listing service only for law firms wishing to communicate if they are on the Principality conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Tilbury.
My Solicitor in Tilbury is not listed on the HSBC Bank Solicitor Panel. Can I still retain my prefered solicitor notwithstanding that they are not on the HSBC Bank approved list?
Your options are as follows:
- Carry on with your existing Tilbury solicitors but HSBC Bank will need to use a lawyer on their list of acceptable firms. This will inevitably rack up the overall legal charges as well as cause delays.
- Find a new solicitor to act in the purchase, obviously checking they are on the HSBC Bank panel
I'm converting the mortgage on my primary house to a buy to let mortgage with Platform Home Loans Ltd and intend to use the remaining equity as a down payment on another property. The location we are looking at is Tilbury. Will your conveyancers be able to act for both sets of mortgage companies and link together the transactions?
Make use of our search tool on this page to ensure that the conveyancers are on the appropriate lender panels. On the basis that they are your lawyer should be able to connect the two deals but you should talk with you conveyancer and communicate your expectations and requirements.
I am hoping to put an offer on a small detached house that appears to be perfect, at a reasonable price which is making it all the more appealing. I have just been informed that the title is leasehold as opposed to freehold. I am assuming that there are issues purchasing a house with a leasehold title in Tilbury. Conveyancing advisers have are about to be appointed. Will my lawyers set out the risks of buying a leasehold house in Tilbury ?
Most houses in Tilbury are freehold rather than leasehold. This is one of the situations where having a local conveyancer who is familiar with the area who can help the conveyancing process. it is apparent that you are purchasing in Tilbury in which case you should be looking for a Tilbury conveyancing practitioner and be sure that they are used to advising on leasehold houses. First you will need to check the unexpired lease term. Being a tenant you will not be entirely free to do whatever you want to the property. The lease will likely included provisions for example requiring the landlord’sconsent to conduct changes to the property. You may also be required to pay a service charge towards the upkeep of the communal areas where the property is located on an estate. Your lawyer should advise you fully on all the issues.
Tilbury Conveyancing for Leasehold Flats - A selection of Queries before buying
The best form of lease structure is a share of the freehold. In this arrangement the tenants benefit from being in charge if their destiny and even though a managing agent is usually employed if the building is bigger than a house conversion, the managing agent employed by the leaseholders. The answer will be useful as a) areas may result in problems in the block as the common areas may start to deteriorate if maintenance remain unpaid b) if the leaseholders have an issue with the managing agents you will want to know about it How much is the annual service fee and ground rent?