My husband and I are getting closer to an exchange on a house in Chelmsford and my parents have sent the ten percent deposit to my conveyancer. I am now informed that as the deposit has been received from someone other than me my solicitor needs to disclose this to my lender. Apparently, in also acting for the mortgage company he must advise them that the balance of the purchase price is not just from me. I informed the bank about my parents' contribution when I applied for the home loan, so is it really appropriate for this now to hold matters up?
Your conveyancer is legally required to clarify with lender to ensure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only disclose this to your bank if you agree, failing which, your lawyer must cease to continue acting.
How up to date is your database of Chelmsford solicitors on the HSBC conveyancing panel? Do HSBC send you an updated list?
Chelmsford conveyancing firms themselves provide us confirmation that they are on the HSBC conveyancing panel as opposed to being supplied with a list from HSBC directly.
I am helping my aunt sell her house in Chelmsford. Will the conveyancing solicitor order the EPC or do I organise this?
Following the demise of Home Information Packs, energy performance certificates became a compulsory element of selling a property. An energy performance certificate needs to be commissioned before the property is advertised. This is not as aspect of the sale process that law firms normally arrange. If you are using a Chelmsford conveyancing solicitor they might be able to arrange energy performance certificates given their contacts with reputable local assessors
We previously instructed conveyancing lawyers located in Chelmsford on the Kent Reliance solicitor panel. They have just invoiced me a supplemental fee for the legal aspects of the Kent Reliance mortgage. Is this an additional conveyancing fee set by Kent Reliance?
As unfair as it may appear, as long as it’s in their Terms and Conditions or Quote then yes your lawyer can levy a fee for this. This fee is not set by Kent Reliance but by your Chelmsford conveyancing practitioner. Plenty of firms on the Kent Reliance panel will levy ’dealing with mortgage’ fee and others do not.
Last month we had a mortgage agreed in principle with Bank of Ireland. Chelmsford conveyancing lawyers have been selected. What is the average time that one could expect to receive a mortgage offer from Bank of Ireland?
There is no definitive answer here. Have Bank of Ireland conducted the survey? Have you advised Bank of Ireland as to your lawyers' details and checked that your lawyers are on the Bank of Ireland conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
How does conveyancing in Chelmsford differ for new build properties?
Most buyers of new build residence in Chelmsford contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is ready to move into. This is because developers in Chelmsford typically buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Chelmsford or who has acted in the same development.
Taking into account that I will soon part with £400,000 on a two bedroom apartment in Chelmsford I wish to have a conversation with the lawyer about myhome move in advance of instructing the firm. Can this be arranged?
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 solicitor who will be doing your property ownership legalities in Chelmsford.There is no ‘factory style conveyancing’ - every client is unique individual, not a matter reference. The law firms that we put you in touch with believe that the figure you are provided with for residential conveyancing in Chelmsford should be the amount on the final invoice that you are charged.
I note that you have a search directory identifying firms on the mortgage company conveyancing panel. Do Chelmsford conveyancing companies pay you a referral fee if I retain them for my own house purchase?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Chelmsford.