I am in need of a conveyancer. Do I opt for a nationwide conveyancer rather than a family Colchester conveyancing lawyer?

In the main conveyancing practitioners in your location will benefit from excellent relationships with your local authority, which could assist with your Colchester conveyancing searches that your solicitor will need to carry out. It can only assist if they have good connections with the Local Land Registry Office your area Colchester, other lawyers in the area and Colchester selling agents.

We note that you have a search directory identifying solicitors on the Yorkshire BS conveyancing panel. Do firms pay you a commission if I retain them for our conveyancing in Colchester?

We are a listing service only for law firms wishing to communicate if they are on the Yorkshire BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Colchester.

Is it necessary during the course of the conveyancing process to attend the offices of the solicitor to sign the mortgage deed? If so, I will appoint a lawyer who conducts conveyancing in Colchester so that I can pop in to their offices if necessary.

As opposed to 15 years ago, almost all mortgage companies no longer need their conveyancing panel lawyer to witness the borrowers signature. It will still be necessary for you to provide ID documents and there are still manifest benefits to choosing a locally based practitioner, in your case a conveyancing solicitor in Colchester.

I am buying a new build flat in Colchester. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Colchester

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. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.

My 20yr old son is just in the process of moving home, the home loan was agreed last week in principle. After the seller agreed the offer on the flat we telephoned the mortgage institution to issue the formal offer. I was disappointed to discover that mortgage companies do not accept all lawyer, they have to be on a list, is this right?

Banks ordinarily imposes restrictions either the type or the number of conveyancing firms on their approved list of lawyers. Typical examples of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that lenders have no responsibility for the quality of advice provided by any Colchester conveyancing practitioner on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Probably not.