My financial adviser has asked me for my Brentwood law firm’s panel reference for the Nat West conveyancing panel. Can you suggest how I find this out. I have e-mailed my local Brentwood office but they don't know it.
The sensible thing to do is ask for this information from your Brentwood property lawyer . Most Brentwood law firms will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each mortgage company.
I am under pressure from the owner of a property in Brentwood to exchange within four weeks. What can I do to accelerate the legal process?
In a situation where you are under pressure to exchange it is advisable to make sure that your solicitor is familiar with the location as they will make use of local connections and know-how. It is even conceivable that they would have transacted previoushomes in the same neighbourhood. You would be best advised to use a Brentwood conveyancing firm. Second, ensure that the lawyer is on the on the approved list for your mortgage company. It is claimed that nearly one in five of Brentwood conveyancing transactions are frustrated or derailed after discovering a buyer’s conveyancer was not on their banks panel. This can often result in the legal process being frustrated by almost three weeks. It is estimated that this issue impacts approximately 100,000 home sales annually. Almost all Brentwood conveyancing firms can not represent certain mortgage companies so do check at the outset.
Why is leasehold purchase conveyancing in Brentwood costs more?
The conveyancing costs on a leasehold premises in Brentwood is inevitably greater when contrasted to a freehold acquisition or disposal. This is because there is an amount of extra work necessary in liaising with the landlord and management company to obtain information concerning whether the rent and service charges have been discharged and whether there are any significant expenditure in the near future on repairs or maintenance of the building.
Will my solicitor be raising enquiries concerning flooding as part of the conveyancing in Brentwood.
The risk of flooding is if increasing concern for conveyancers dealing with homes in Brentwood. There are those who purchase a house in Brentwood, completely expectant that at some time, it may suffer from flooding. However, aside from the physical destruction, where a property is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or sell the property. Steps can be carried out during the course of a property purchase to forewarn the purchaser.
Solicitors are not best placed to offer advice on flood risk, but there are a numerous checks that can be undertaken by the purchaser or by their lawyers which can give them a better appreciation of the risks in Brentwood. The standard information given to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual question of the owner to discover whether the premises has suffered from flooding. If the property has been flooded in past which is not disclosed by the seller, then a buyer may bring a claim for damages as a result of such an misleading reply. The purchaser’s solicitors will also order an enviro report. This should reveal whether there is a recorded flood risk. If so, more detailed investigations will need to be initiated.
I used Action Conveyancing several years ago for my conveyancing in Brentwood. I now require my papers but cannot find the solicitor. 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 Brentwood of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
My husband and I are FTB’s - agreed a price, but the selling agent informed us that the owners will only issue a contract if we appoint the agent's chosen conveyancers as they want an ‘expedited deal’. We would rather use a high street conveyancer who is familiar with conveyancing in Brentwood
It is highly unlikely the owners are driving this. Should the owner require ‘a quick sale', taking such a hostile approach to a genuine purchaser is is going to put the whole deal at risk. Contact the sellers directly and make the point that (a)you are genuine buyers (b)you are ready to progress, with finances in place © you do not need to sell (d) you intend to proceed fast (e)however you will continue to appoint your own,trusted Brentwood conveyancing solicitors - not the ones that will give their estate agent a referral fee or achieve conveyancing targets set by head office.