My husband and I are hoping to acquire a 1 bedroom apartment in Kirkby in Ashfield with a mortgage. We like our Kirkby in Ashfield solicitor, but the bank says he's not on their "panel". It appears that we have no choice but to use one of the mortgage company panel conveyancing practices or retain our Kirkby in Ashfield solicitor and pay for one of their panel lawyers to act for them. This seems very unfair; are we not able to demand that the bank use our Kirkby in Ashfield property lawyer ?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’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. A further alternative is for your Kirkby in Ashfield conveyancing solicitor to apply to be on the conveyancing panel.
Our solicitor has identified a a legal deficiency with the lease for the apartment we are purchasing in Kirkby in Ashfield. The other side have put forward defective title insurance as a workaround. We are happy with insurance and will cover the costs. Our lawyer says that he must check that the mortgage company is content with this solution. Are we the client or is the mortgage company ?
Regardless of the fact that you have a mortgage offer from the lender does not mean to say that the property will meet their provisions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the mortgage company are the client. These conveyancing instructions have to be complied with.
What is the best way to discover of the solicitor carrying out my conveyancing in Kirkby in Ashfield is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Santander thus spending £187.00 plus VAT in supplemental legal fees.
Please do take advantage of the search tool on this page. Please choose the lender and type ‘Kirkby in Ashfield’ or your location and you will discover numerous conveyancers offices in Kirkby in Ashfield or nearest you.
Various online forums that I have come across warn that are a common cause of hinderance in Kirkby in Ashfield house deals. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the determinations of a review by MoveWithUs that conveyancing searches do not feature amongst the common causes of delays during the legal transfer of property. Searches are not likely to feature in any slowing down conveyancing in Kirkby in Ashfield.
The deeds to my property are lost. The solicitors who handled the conveyancing in Kirkby in Ashfield 4 years ago no longer exist. What are my options?
Gone are the days when you need to have the physical deeds to establish that you are the registered proprietor of land or property, given that the Land Registry hold details of all registered land or property electronically.
How do I locate a Kirkby in Ashfield solicitor on the Godiva Mortgages Ltd conveyancing panel? I have wheels and am willing to travel upto 25miles to meet the lawyer.
Feel free to make use of the tool on this website. Please pick a lender and your location and you will see a number of Kirkby in Ashfield conveyancing lawyers located nearest you. We have detailed some Kirkby in Ashfield conveyancing firms at the bottom of this page and you can call them to see whether they are on the Godiva Mortgages Ltd approved list