My partner and I are buying property in Chippenham. My Solicitor is not listed on the lender approved list. Am I still permitted to use my Chippenham conveyancing solicitor even though they are excluded from the lender panel of approved conveyancing solicitors?
You have a couple of choices available to you here
- Complete the purchase with your existing Chippenham solicitor but your bank will need to instruct a conveyancing practitioner on their approved list. The net result is additional fees together with likely delay.
- Choose a new lawyer to conduct the conveyancing, obviously checking they are on the bank conveyancing panel.
- Convince your lawyer to pull out all the stops to join the mortgage company conveyancing panel
Can you help? My Chippenham solicitor is informing me me that he has toconduct Chippenham conveyancing searches becausethe firm are on the Santandersolicitor panel. Is this really necessary?
You have limited options available to you. Given that you are taking out a loan with a mortgage company your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your solicitor would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to follow the Council of Mortgage Lenders’ Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Chippenham conveyancing searches.
we are a couple who wish to acquire a newbuild flat in Chippenham with a homeloan from Lloyds TSB Bank.We would like to retain our Chippenham conveyancing practitioner but Lloyds TSB Bank advised that her practice is not listed on their approved list of firms. we are left little option but to use a Lloyds TSB Bank panel firm or keep our local solicitor and fork out for a Lloyds TSB Bank panel lawyer to represent them. We feel as though this is unjust; is there anything we can do?
Unfortunately,no. The home loan offered to you is subject to its terms and conditions, one of which will be that solicitors needs to be on the Lloyds TSB Bank approved list. in the past, most lenders had large numbers of solicitors 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. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for Lloyds TSB Bank
Are there any apps to assist me to locate a Chippenham law firm on the Accord Mortgages Ltd conveyancing panel? I am a keen cyclist and am happy to travel upto 25miles to meet the solicitor.
You can use the search on this website. Please choose the bank and your location and you will see a number of Chippenham conveyancing lawyers locally. We have detailed some Chippenham conveyancing firms towards the end of this page and you can contact them to verify whether they are on the Accord Mortgages Ltd member panel
I need to instruct a conveyancing solicitor for remortgage conveyancing in Chippenham. I happened to chance upon a site which seems to have the perfect answer If there is a chance to get all formalities completed via email that would be ideal. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Some months ago I was told by my bank that their panel conveyancers work on no move no fee basis for conveyancing in Chippenham. My purchase aborted yet the conveyancers have requested search fees! They say the fees are seperate!
Chippenham conveyancing search charges are separate expenses not legal costs as these are paid to independent parties.