My wife and I are buying a 3 bedroom apartment in Kesgrave with a mortgage. We like our Kesgrave lawyer, but the bank advise she’s not on their "panel". It appears that we have no choice but to use one of the lender panel firms or continue with our Kesgrave conveyancing practitioner and pay for one of their panel firms to act for them. This seems very unfair; are we not able to require that the lender use our Kesgrave solicitor ?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’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. Another option that might be available is for your Kesgrave conveyancing lawyer to apply to be on the conveyancing panel.
We are a couple about to exchange contracts for a freehold house in Kesgrave. We encountered a snag. Our mortgage offer with Lloyds TSB Bank expires on 11/2/2026 but the vendors are suggesting a completion date of 13/2/2026. Can one extend the mortgage expiry date?
The person best placed to deal with your concern is your lawyer who should determine whether he or she is better off negotiating with the mortgage company, vendor’s conveyancers, estate agents or possibly all three taking into account the history of your house move to date.
My wife and I have recently appointed a conveyancing solicitor in Kesgrave. I I would like to check if they are accepted on the TSB conveyancing panel. Can you help?
You should call the lawyer and ask them whether they can act for the bank. Alternatively you can call TSB who may be able to help.
We are planning to move home in February. Does my conveyancing solicitor update the removal company on the completion day. As an aside, can you put forward a removal company in Kesgrave. Conveyancing lawyer was organised before I stumbled across this page.
On the afternoon of completion you will need to collect the house keys from your property agent however this can only take place after the sellers conveyancers confirm to the agent that they have the completion monies and the keys can be collected. You can inform the removal men that they can start moving you in. We are not in a position to recommend a specific removal company but can assist you in choosing a residential property solicitor in Kesgrave or a firm that specialises in conveyancing in Kesgrave.
When it comes to mortgage companies such as Principality, do Kesgrave property lawyers have to pay an annual charge to be on the list of approved solicitors?
We are unaware of any lender fees to be on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.
My offer on a house in Kesgrave has been accepted, the vendors do nevertheless have a tied purchase. The vendors have offered on on an apartment, however it’s not yet tied up, and have viewings of other apartments in the pipeline. I have selected a local conveyancing solicitor in Kesgrave. What do I do now? When should I get the mortgage application with Barclays going?
It is usual to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is approx one thousand pounds, then valuation, Kesgrave conveyancing search costs, etc). First, you must check that your conveyancer is on the Barclays approved list. As to the next phase this very much depends on the specifics of your case, motivation for this property and on the state of the market. During a buoyant market the majority of buyers will apply for a home loan with Barclays and arrange for the valuation and only if it comes back ok would they ask their lawyer to proceed with searches.
Just had an offer accepted on a new build flat in Kesgrave. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Kesgrave
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. 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.
I'm buying a flat in Kesgrave. I can find my conveyancer's company on the Law Society's list, but I can't find my lawyer's name on the list. Should I be concerned?
Not all staff in the practice must be listed by the regulator. As long there is a manager qualified to 'oversee' the conveyancing, the actual day-to-day activity can be undertaken by unqualified staff.