Unfortunately I am unable to travel far from Upminster Bridge. Can you please spell out why all Upminster Bridge solicitors aren't automatically on all mortgage company panels?
Even though it may seem unfair for mortgage companies to limit who can act for them, from the public’s or lawyer’s standpoint, the flip side is that banks are becoming ever more anxious and consider it crucial to shield themselves from mortgage fraud. As a result of this concern mortgage companies are limiting their conveyancing panel to a manageable size.
I am about to put an offer on a leasehold property in Upminster Bridge. The selling agents say that it is the norm for flats in Upminster Bridge to have less than 75 years left on the lease. I am obtaining a loan with Tesco Bank. Is this going to be acceptable if the lease has 72 years left.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 25/2/2025 the requirements read as follows :
I am helping my step-mother sell her house in Upminster Bridge. Does the conveyancer commission an energy assessment or should I organise this?
After the demise of Home Information Packs, energy performance certificates became a mandatory part of moving property. An energy assessment needs to be commissioned prior to the property being advertised. It is not a task that conveyancers ordinarily organise. If you are using a Upminster Bridge conveyancing practitioner they might help arrange energy performance certificates due to their relationships with reputable local assessors
We were going to get a OIP from Lloyds 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 Lloyds recommend any Upminster Bridge solicitors on the Lloyds conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Upminster Bridge solicitors independently although you'll need to choose one on the Lloyds conveyancing panel. The solicitor represents both you and Lloyds through the process.
I can not work out if my lender requires a lease extension. I have called into my local Upminster Bridge bank branch on various occasions and was told they are content with the situation and they will lend. My Upminster Bridge conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned to say that they will not lend in accordance with their specific requirements. I have no idea who is right.
The conveyancer must comply with the CML Handbook section two provisions for your lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
Have completed on a a terraced house in Upminster Bridge , how long will it take for the Land Registry to register my title? My Upminster Bridge conveyancing solicitor has been very slow, so I want to be certain that my name is recorded.
There is nothing unique when it comes to conveyancing in Upminster Bridge registration formalities. Rather than based on location, timescales can adjust subject to who lodges the application, whether it is in order and if the Land registry communicate with any interested parties. At present roughly three quarters of submission are completed within two weeks but occasionally there can be protracted delays. Registration occurs after the buyer is living at the premises so an expedited registration is not usually an essential issue yet where it is urgent that the the registration takes place urgently then you or your solicitor can speak with the land registry and explain the circumstances.
How does conveyancing in Upminster Bridge differ for newly converted properties?
Most buyers of new build or newly converted property in Upminster Bridge approach us having been asked by the builder to sign contracts and commit to the purchase even before the premises is finished. This is because builders in Upminster Bridge usually acquire the site, 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 property lawyers 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 accustomed to new build conveyancing in Upminster Bridge or who has acted in the same development.
I note that you have a search directory identifying solicitors on the bank conveyancing panel. Do Upminster Bridge conveyancing firms pay you a commission if I appoint them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the bank conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Upminster Bridge.