Me and my wife are buying an apartment in Dartmouth. My property lawyer is not on the lender approved panel. Is it possible for me to continue with my Dartmouth conveyancing solicitor notwithstanding that they are not on the bank panel of approved conveyancing solicitors?
Various options include
- Proceed with your preferred Dartmouth conveyancer but your bank will undoubtedly instruct a conveyancer on their conveyancing panel. This will result in additional cost together with likely delay.
- Appoint a new conveyancing practitioner to conduct the conveyancing, obviously checking they are on the mortgage company conveyancing panel.
- Appeal to your conveyancing practitioner to apply to join the lender panel
Please help. My Dartmouth solicitor is assuring me that he is legally obliged toapply for Dartmouth conveyancing searches resulting from the fact thatthe firm are on the HSBCsolicitor 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 conveyancer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your conveyancer would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to comply with the Council of Mortgage Lenders’ Handbook conditions . Even if you were a cash buyer you would be ill advised not to carry out Dartmouth conveyancing searches.
We just had an offer accepted to buy with Coventry BS. We have called around locally yet cant to find a Dartmouth conveyancing firm on the Coventry BS panel. Can you assist?
Please do take advantage of the find a conveyancing panel solicitor tool on this web page. Pick the building society and type Dartmouth or your location and you will see numerous solicitors based in Dartmouth or nearest you.
I am the only recipient of my late mum's estate and I have everything in my name alone, including the my former home in Dartmouth. Conveyancing formalities meant that the Land Registry date was in March. I want to move. I do know about the CML six month 'rule', which means that my property ownership could be regarded the same way as if I'd bought the house in March. Will no one buy the property for half a year?
The CML handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be affected by that. How practical a view mortgage companies take of it, depend on the bank as this clause is primarily there to identify subsales or the quick reselling of properties.
We expect to receive a DIP from Lloyds this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Lloyds recommend any Dartmouth solicitors on the Lloyds conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Dartmouth solicitors independently although you'll need to choose one on the Lloyds conveyancing panel. The solicitor represents both you and Lloyds through the process.
About to purchase house in Dartmouth. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the UBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Dartmouth solicitor is on the UBS conveyancing panel.
About to purchase a new build apartment in Dartmouth. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Dartmouth
-
Please provide evidence that the form of Lease proposed has been approved by the Land Registry. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? There must be mutual enforceability of lessee’s covenants. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
How do I locate a Dartmouth solicitor on the Yorkshire Building Society conveyancing panel? I have a car and am happy to travel upto 10miles to meet the lawyer.
Feel free to make use of the tool on this page. Please pick a lender and your location and you will see a number of Dartmouth conveyancing lawyers locally. We have listed some Dartmouth conveyancing firms at the bottom of this page and you can contact them to see if they are on the Yorkshire Building Society approved list