My mortgage broker requires my West Thurrock solicitor’s panel member for the Nat West conveyancing panel. What is the best way to discover this. I have contacted my local West Thurrock branch but they have not responded to me.
The sensible thing to do is ask for this information from your West Thurrock solicitor . They should have a central record lender panel numbers.
We have very brash sellers who has suggested a lock out agreement with a non-refundable deposit 10k. Are such agreements sensible?
There are two main downsides with signing a lock out agreement (occasionally termed an exclusivity agreement) is that it takes away the focus from progressing with the conveyancing transaction itself, so in the absence of it needing little or no negotiation then it could turn out to be a hindrance. It is not promoted by West Thurrock conveyancing solicitors as a result. The other main issue is the extent of the remedies available - a jilted purchaser should not expect to win an injunction to prevent the vendor selling to an alternative purchaser, so the only remedy available under the contract will be the reimbursement of abortive charges and, in rare situations, the additional payment of damages.
I'm buying my first flat in West Thurrock benefiting from help to buy. The sellers would not reduce the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative told me not inform my conveyancer about this deal as it will put at risk my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what was supposed to be a straight forward, chain free conveyancing. West Thurrock is where the house is located. Can you offer any assistance?
Flying freeholds in West Thurrock are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in West Thurrock you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in West Thurrock may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
How simple is it to swap firm as I have to instruct one who is on the Santander conveyancing panel. I had appointed a local conveyancing solicitor in West Thurrock round the corner but she is not approved by Santander
It would be our pleasure to assist you find a conveyancing solicitor in West Thurrock on the Santander panel. Please note that the solicitors that we on the directory do not pay us a referral fee if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in West Thurrock. In making use of the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in West Thurrock.
A couple of months ago I was advised by my lender that their panel lawyers work on no completion no fee basis for conveyancing in West Thurrock. I had a purchase fall through yet the conveyancers have invoiced for search fees! They say the fees are independent!
By promising "no sale no fee" West Thurrock conveyancing practices are waiving their fees for any work done. We must stress this does not constitute an insurance scheme. you will still need to pay for any disbursements that your lawyer has incurred for you for example West Thurrock local authority checks