We are buying a 1 bedroom flat in Billericay with a mortgage. We have a Billericay lawyer, however the lender says she’s not on their "panel". It seems we have little option but to instruct one of the lender panel conveyancing practices or retain our Billericay property lawyer and pay for one of their panel lawyers to act for them. This feels very unfair; can we not require that the mortgage company use our Billericay property lawyer ?
Unfortunately,no. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Billericay conveyancing solicitor to apply to be on the conveyancing panel.
My mortgage company has suggested a law firm on their panel based in Billericay but I would rather choose a conveyancing lawyer in Billericay round the corner to me. Are you able to help?
It is by no means the case that all Billericay conveyancing firms are listed all lender’s conveyancing panel. Please make use of our search tool to choose a Billericay conveyancing solicitor on the on the bank panel.
I used Action Conveyancing a few years ago for my conveyancing in Billericay. Now, I need my files however cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate 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 Billericay 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.
I am buying a new build apartment in Billericay. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Billericay
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Please supply a car parking plan. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. There must be mutual enforceability of lessee’s covenants. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
My partner has urged me to instruct his lawyers for conveyancing in Billericay. Do I follow his guidance?
No doubt the best way to find a conveyancing lawyer is to get feedback from friends or relatives who have used the solicitor you're considering.
I am just shy of a 10% deposit on my flat purchase in Billericay , but I still want to go ahead. What can I do?
You can agree a lesser deposit. Most vendors will accept a lesser deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last second