I can't travel far from Billericay. Please clarify why all Billericay property lawyers are not on all mortgage company panels?
Pre- 2008 most mortgage companies demonstrated an attitude to risk which differs from the current day. The FSA in 2010 instigated a thematic review into property fraud which concluded: know the property lawyers on your panel. Accordingly, banks have since soughtmore information from law firms regarding their processes and the individuals employed by them and set certain criteria such as completing a minimum volume of transactions. Hundreds of law practices have found themselves removed from lender panels even though they had an exemplary track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Such firms were never going to satisfy the minimum amount of transactions the lenders insisted on.
When will exchange of contracts take place for domestic conveyancing in Billericay and am I required to be at the conveyancers office?
Where you are local to one of the conveyancing solicitors in Billericay you are welcome to come in to sign documents. However, the law practices we work with offer countrywide coverage for conveyancing and give just as diligent and professional a job for you when communicating with you digitally. The signing of the purchase agreement is not when everything is set in stone. A signed contract simply enables the conveyancer to address the formalities when the time is right, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Billericay)to be in the office at the appropriate time.
This question may be naive but I am unexperienced as a first time purchaser of a ground floor flat in Billericay. Do I receive the keys to the house on the completion date from my solicitor? If this is the case, I will find a local conveyancing solicitor in Billericay?
On the day of completion you will not be required to attend the conveyancers office in Billericay. Conveyancing lawyers for you will electronically transfer the purchase money to the vendor’s solicitors, and shortly after the monies have arrived, you will be able to pick up the keys from the Estate Agents and move into your new home. This tends to happen between 1 and 3pm.
We are due to move property in December. Will my conveyancing solicitor update the removal company on the completion day. On a separate note, can you put forward a removal company in Billericay. Conveyancing solicitor was found before I stumbled across this site.
On the afternoon of completion you can collect the house keys from your estate agent but this should only take place once the sellers lawyers inform the agent that they acknowledge receipt of the completion payment and the keys can be released. You should advise the removal men that you are ready to move in. As a matter of policy we do not recommend a specific removal organisation but can help you locate a conveyancing in Billericay or a firm that specialises in conveyancing in Billericay.
We had selected conveyancers located in Billericay on the Coventry BS solicitor panel. They have just billed me a separate amount for handling the Coventry BS mortgage. Is this a supplemental conveyancing fee specified by Coventry BS?
Unfortunately, so long as it is in their Terms and Conditions or estimate then yes your solicitor is entitled to levy a fee for this. The fee is not dictated by Coventry BS but by your Billericay lawyer. Some firms on the Coventry BS panel will quote an ‘acting for lender’ fee but some practices incorporate it on their overall fee.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Billericay is where the house is located. Can you offer any guidance?
Flying freeholds in Billericay are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Billericay you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Billericay 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 premises.
Given that I will soon part with hundreds of thousands of pounds on a garden flat in Billericay I would like to talk to a lawyer about myconveyancing in advance of instructing the firm. Is this something that you can arrange?
We could not agree more - we would be happy to talk to you we do not take any clients on without you speaking to the conveyancer who will be carrying out your conveyancing in Billericay.There is no ‘factory style conveyancing’ - each client is an important individual, not a case reference. The law firms that we put you in touch with believe that the figure you are provided with for residential conveyancing in Billericay should be the figure that you are charged.
Due to sign contracts shortly on a basement flat in Billericay. Conveyancing lawyers inform me that they are sending me a report on Monday. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Billericay should include some of the following:
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The total extent of the premises. This might be the flat itself but could also incorporate a roof space or storage are if appropriate. You should be sent a copy of the lease Alterations to the property It needs to be made clear to you whether the lease allows you to alter or upgrade aspects of the premises- you must know whether it relates to all alterations or limited to structural alteration, and whether licences for alterations is mandated necessary You should have a good understanding of the building insurance obligations
Billericay Conveyancing for Leasehold Flats - A selection of Queries Prior to buying
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Who takes responsibility for maintaining and repairing the block? How much is the ground rent and service charge? The answer will be important as a) areas may result in problems for the building as the communal areas may begin to deteriorate if services are not paid for b) if the leasehold owners have a dispute with the running of the building you will wish to have full disclosure