I am not well enough to travel far from Berkeley. What is the rationale as to why all Berkeley conveyancing practitioners aren't included on all lender panels?
Banks highlight the fact that solicitor-led fraud is considered to be responsible for millions of pounds of fraud annually.The elimination of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the FSA in 2011. Its outcome included recommendations for lenders to review their conveyancing panels, which kicked off a major policy change in the sector. This resulted in banks and building societies pruning less reputable firms off their official list of approved solicitors .
How does conveyancing in Berkeley differ for new build properties?
Most buyers of new build property in Berkeley contact us having been asked by the builder to sign contracts and commit to the purchase even before the house is ready to move into. This is because new home sellers in Berkeley typically purchase the real estate, 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 conveyancing solicitors 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 used to new build conveyancing in Berkeley or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a house in Berkeley before retaining conveyancers. I have been told that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies may refuse to grant a loan on a flying freehold property.
It varies from the lender to lender. Bank of Scotland has different requirements from Birmingham Midshires. Should you wish to call us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Berkeley. Conveyancing will be smoother if you use a solicitor in Berkeley especially if they are acquainted with such properties in Berkeley.
What tools are available to search for a Berkeley solicitor on the Chelsea Building Society conveyancing panel? I have a car and am willing to travel upto 25kilometers to meet the conveyancer.
Feel free to make use of the facility on this page. Please choose the bank and your location and you will see a number of Berkeley conveyancing lawyers based on proximity. We have listed some Berkeley conveyancing firms towards the end of this page and you can call them to check if they are on the Chelsea Building Society approved list
My husband and I are 3 weeks into a freehold purchase having been recommend to conveyancers by the selling agent to do our conveyancing in Berkeley. We are not happy. Could you help me find new solicitors?
A solicitor would need to be very poor to suggest diss instructing them. Has the mortgage been sent? In the event that it has you need to inform them of the new conveyancer and ensure the offer are re-sent. Your new conveyancer needs to be on the lenders approved list to avoid escalating charges and frustration. So that should be your starting point. Our search tool should help you find a lender approved solicitor for your home move in Berkeley
Been reading online that Berkeley solicitors are more expensive than licensed conveyancers in Berkeley when it comes to purchasing a property. Am I better off using a conveyancer or a solicitor where I am buying for my home move in Berkeley.
When it comes to conveyancing in Berkeley the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.