I am purchasing a terraced house in Collier Row. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Collier Row you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Collier Row.
I have decided to exercise my right to buy my property in Collier Row off the council. I have a mortgage agreed with TSB. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with TSB, you will need to appoint a solicitor on the TSB conveyancing panel.
Completion of my purchase has taken place for my property in Collier Row. Conveyancing was a necessary evil but I would like to complain about the lender. How do I make a complaint?
Almost all lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
After weeks of negotiation I have agreed a price on a house in Collier Row. My financial adviser recommended their conveyancers. I paid an advanced payment of £150. A couple of days later, the conveyancer contacted me embarrassingly acknowledging that they were not on the Yorkshire BS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Yorkshire BS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Due to the advice of my in-laws I had a survey completed on a house in Collier Row in advance of retaining lawyers. I have been told that there is a flying freehold element to the property. My surveyor advised that some banks tend not grant a loan on a flying freehold premises.
It varies from the lender to lender. Lloyds has different requirements from Halifax. If you e-mail us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Collier Row. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Collier Row to see if the conveyancing costs will increase in light of this.
How easy is it to swap firm as I have to select one who is on the Britannia conveyancing list. I had appointed a family conveyancing solicitor in Collier Row round the corner but the firm is not accepted by Britannia
We will our best to assist in finding you a conveyancing solicitor in Collier Row on the Britannia panel. Please note that the solicitors that we list do not pay us fee if you instruct them and are fully regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Collier Row. In making use of search facility on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Collier Row.
We are 18 days into a residential purchase having been recommend to a firm by the selling agent to execute conveyancing in Collier Row. I am am extremely disappointed with the quality of service. Can you help me find new solicitors?
They would need to be really bad in order to consider replacing them. Has the mortgage offer been issued? In the event that it has you must inform them of the new conveyancer and ensure the mortgage documents are re-sent. The conveyancer should be on the banks panel to avoid supplemental charges and delays. That should be your first question of the new conveyancers. Our find a solicitor tool will help you find a lender approved conveyancer for your conveyancing in Collier Row
My 20yr old son is embarking on her first house purchase, the home loan was agreed last week in principle. When the seller agreed the offer on the house we rang the bank to go forward with his. We were very surprised to learn that banks do not accept all conveyancer, they must be on their panel, is this correct?
Banks ordinarily imposes restrictions either the type or the number of conveyancing firms on their panel. 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 banks have no responsibility for the quality of advice provided by any Collier Row solicitor 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? Presumably not.