My fiance and I are purchasing an apartment in Upney. My property lawyer is not listed on the bank approved panel. Can I still appoint my Upney conveyancing solicitor even though they are not on the lender list of approved lawyers?
You will need to have a conveyancing practitioner to deal with the formalities when you take out a mortgage to purchase your home. They will conduct all the essential legal checks on the property, make sure that you will be properly registered as the owner and ensure that all the necessary mortgage documentation is in place. One could appoint a Upney conveyancing practitioner of your choosing. Nevertheless, if the lawyer selected is not on the mortgage company approved list additional fees will arise as separate legal representation will be required by them. Lender panel applications may be submitted, so where your solicitor has not historically sought membership they should take the opportunity to apply.
Can I use your services to find a Conveyancing solicitor in Upney even where I’m not buying or selling a house, for instance where I wish to acquire an office in Upney with a loan from The Mortgage Works?
Our comparison service is primarily used to help choose residential conveyancing solicitors in Upney but we have set out at the bottom of this page some Upney commercial conveyancing firms. You should speak with the company directly to check if they can also act for The Mortgage Works
My home in Upney is up for sale and I have a buyer. Will the conveyancer have to be on the Kent Reliance conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Kent Reliance conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
My wife and I are purchasing a house in Upney. It might be a silly question but how we can trust a conveyancer? On the day of competition we will need to deposit our life savings into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
When it comes to lenders such as RBS, do Upney conveyancers have to pay a fee to be on the conveyancing panel?
We are unaware of any mortgage company fees to register on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.
Nationwide have agreed my home loan in principle, my bid on a apartment in Upney has been accepted, now what?
The property agent will want to know who your solicitors are (ensure that the conveyancing practitioners are on the lender’s panel). Call up Nationwide or the broker and complete any relevant paperwork. Nationwide will appoint a valuer who will get in touch with the estate agent or vendor to schedule a time for the valuation to happen. Once conducted (assuming no problems) it takes on average ten days for the mortgage offer to be issued. Nationwide will issue the offer to you and your lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Upney.
Various web forums that I have visited warn that are the main cause of delay in Upney house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the determinations of a review by MoveWithUs that conveyancing searches do not feature within the top 10 causes of delays in the conveyancing process. Searches are unlikely to be the root cause of slowing down conveyancing in Upney.
As co-executor for the estate of my uncle I am disposing of a property in Swansea but I am based in Upney. My conveyancer (approximately 235 kilometers awayrequires that I execute a statutory declaration ahead of completion. Can you recommend a conveyancing lawyer in Upney who can witness this legal document for me?
strictly speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are based in Upney