My wife and I are intent on purchasing an apartment in Barnstaple. My lawyer is not on the lender conveyancing list. Am I still permitted to retain my Barnstaple conveyancing solicitor even though they are not on the mortgage company approved list?
You have a couple of choices available to you here
- Complete the deal with your existing Barnstaple conveyancing practitioner but your mortgage company will need to instruct a lawyer on their approved panel. This will result in additional cost together with potential frustration.
- Choose a new conveyancing practitioner to conduct the conveyancing, obviously checking they are on the mortgage company conveyancing panel.
- Convince your conveyancing practitioner to pull out all the stops to join the bank’s conveyancing panel
Are the Barnstaple conveyancing solicitors identified as being on the RBS conveyancing panel, together with their details provided by RBS?
Barnstaple conveyancing firms themselves provide us confirmation that they are on the RBS conveyancing panel as opposed to being supplied with a list from RBS directly.
Have just purchased a probate house at auction in Barnstaple. Conveyancing is required. What is next?
Given that you have now exchanged you now have to find a conveyancing practitioner quickly as you will have a fast approaching a fixed date to complete the property. All auction property should have an associated auction pack. This will likely include evidence of title and search results. If you have purchased leasehold property the conveyancing pack should include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork relating to a leasehold property. You must hand this to the solicitor instructed by you ASAP. Do make sure that your finances are organised to complete the transaction on the set completion date.
We were going to get a AIP from HSBC this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do HSBC recommend any Barnstaple solicitors on the HSBC conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Barnstaple solicitors independently although you'll need to choose one on the HSBC conveyancing panel. The solicitor represents both you and HSBC through the process.
I'm in the process of looking at flats in Barnstaple and I am about to put in an offer. Should I already have a solicitor in place at this point? I am planning to take a mortgage with Virgin Money.
It would be prudent to instigate your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the estate agent. As you are obtaining a mortgage with Virgin Money, ask your prospective lawyers if they are on the Virgin Money conveyancing panel otherwise they can't do the mortgage legal work.
How does conveyancing in Barnstaple differ for new build properties?
Most buyers of new build property in Barnstaple contact us having been asked by the seller to sign contracts and commit to the purchase even before the residence is constructed. This is because developers in Barnstaple tend to purchase the land, 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 Barnstaple or who has acted in the same development.
We are a fortnight into a leasehold purchase having been directed to a firm by the selling agent to perform conveyancing in Barnstaple. I am am starting to be disappointed with the quality of service. Can you help me find new solicitors?
A solicitor would need to be very poor to suggest changing them. Has the loan offer been generated? If so you will need to make them aware of the new contact details and get the loan are issued to the new lawyers. Your solicitor ideally needs to be on the mortgage company approved list to avoid supplemental expenses and frustration. So that should be your starting point. Our find a solicitor tool can help you find a lender approved conveyancer for your home move in Barnstaple
I am searching for a value for money conveyancing solicitor in Barnstaple to help me sell my flat. I want to avoid being ripped off and there's lots of Barnstaple conveyancing solicitors out there...who's the best?
Where you’ve never used a lawyer in the past, a personal recommendation from family or friends is a great place to start and is often the best gauge of quality. Alternatively, take a look at the client references published on your solicitor’s website or use our search tool to find a conveyancing lawyer in Barnstaple.