Unfortunately I am unable to travel far from Grays. I would like to know the understand why all Grays conveyancers are not on all bank panels?
Mortgage Companies ordinarily impose restrictions on either the nature or the number of conveyancing solicitors on their panel. Frequent examples of such criteria being that a organisation is required to have at least two partners. As well as restricting the structure of firm, some lenders made a decision to restrict the size of their panel they allow to act for them. You should note that building societies have no liability for the standard of service provided by any Grays conveyancing practitioner on their panel. Property fraud was a key driver in the reduction of conveyancing panels in the last decade notwithstanding that there are contrary assessments about whether solicitors sat at the center of that fraud. Data from the Land Registry reveal that thousands of law practices only transact one or two conveyances annually. Those vindicating conveyancing panel cuts question why conveyancing firms should have the right to be on a lender panel when it is apparent that conveyancing is not their primary expertise?
In the event thatI was to buy a freehold propertyin Grays mortgage fee and have no survey and no local authority searches how much could I expect to have to pay for conveyancing in Grays?
The sole saving you would make on is the disbursement for searches. The property lawyer is obliged to do the vast majority of work - money laundering, correspond with the sellers conveyancing practitioner, SDLT return, register the property etc. A marginal saving might be made by not having to register a mortgage however it will not be a lot.
Forgive me if this question is silly but I am unexperienced as a 1st time purchaser of a two bedroom flat in Grays. Do I pick up the keys to the house on completion from my solicitor? If so, I will instruct a local conveyancing solicitor in Grays?
On the day of completion you will not be required to attend the conveyancers office in Grays. Conveyancing lawyers for you will arrange to send the completion advance to the vendor’s lawyers, and once they have received this, you should be invited to pick up the keys from the property Agents and move into your new home. This tends to happen between 1 and 3pm.
We expect to receive a OIP from UBS this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do UBS recommend any Grays solicitors on the UBS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Grays solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
My offer was accepted on an apartment in Grays on 20/2/2025, valuation was booked 3 days later, received a clean bill of health. Property lawyer appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to Nationwide and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Nationwide conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Nationwide to deal with your lawyer's application to be on the Nationwide conveyancing panel. There's no guarantee that your solicitor will be accepted.
I used Action Conveyancing several years ago for my conveyancing in Grays. I now require my file but the law firm is no longer operating. What do I do?
You should 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 Grays of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Estate agents have just been given the go-ahead to market my 2 bed apartment in Grays. Conveyancing solicitors are to be appointed soon, but I have recently had a quarterly service charge demand – Do I pay up?
It best that you clear the invoice as you normally would as all ground rent and service payments should be apportioned on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I have tried to negotiate informally with with my landlord for a lease extension without any joy. Can a leaseholder make an application to the Leasehold Valuation Tribunal? Can you recommend a Grays conveyancing firm to help?
in cases where there is a missing freeholder or if there is disagreement about the premium for a lease extension, under the relevant legislation it is possible to make an application to the First-tier Tribunal (Property Chamber) to assess the price.
An example of a Lease Extension decision for a Grays premises is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case affected 13 flats. The unexpired term was 76 years.
We had our home loan approved on Monday with our lender. We are using a local conveyancer in Grays last week. Today, our financial adviser called to say that the bank said that we cannot use our solicitor as they aren't on their 'approved list'. As novices, we did not have a clue that the bank had a say Is this usual?
You can actually appoint any conveyancing solicitor you wish to instruct including the said conveyancer in Grays but if your lender aren't happy with them you must incur an extra fee so the mortgage company can instruct their own solicitors as well to protect their interest. On occasion it is possible your preferred conveyancing firm to get added to the lender panel. Do make the most of web-based tools such as lenderpanel.com to find a conveyancing solcitor in Grays on the mortgage company panel. You can go into your high street bank branch in Grays. They can recommend conveyancing solicitors in Grays on the panel for your bank.