Much to our surprise we have been informed by our lender that my Exeter solicitor is not on the bank Solicitor panel. What can I do to be certain if this is indeed the case?
Your first step should be to contact your Exeter lawyer directly. You lawyer should inform you what has happened. If they are not on the panel they may recommend you to a Exeter conveyancing practice that is on the conveyancing panel for your lender.
My Solicitor in Exeter is not on the Barclays Solicitor Panel. Is it possible for me to use my prefered solicitor notwithstanding that they are not on the Barclays list of approved lawyers?
Your options are as follows:
- Carry on with your existing Exeter lawyers but Barclays will need to instruct a solicitor on their panel. This will inevitably rack up the overall legal charges as well as result in frustration.
- Choose an alternative solicitor to act in the purchase, not forgetting to check they are on the Barclays panel
I am being advised by my solicitor that flying freehold insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Exeter?
The appropriate level of flying freehold indemnity insurance depends on who your lender is. It would differ for example between Barclays and Bank of Scotland. Conveyancing lawyers as opposed to borrowers take out such policies.
Can you point me to a directory of Leeds Building Society panel solicitors in Exeter on the UK Finance Lenders’ Handbook Website?
No. There is no such facility on the Council of Mortgage Lenders or Building Society Association sites. Very few mortgage companies make their panel listings viewable on the web. If you are seeking to appoint a Exeter conveyancing practitioner on the Leeds Building Society please make the most of our tool.
I have a mortgage with UBS for my property in Exeter. Conveyancing was finalised 12 months ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform UBS?
You must advise UBS in advance of letting out your property as this is likely to be a breach of UBS’s mortgage conditions. It may be that UBS will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact UBS directly. It should not be necessary to do this via a UBS conveyancing panel firm.
I require expedited conveyancing in Exeter as I am faced with pressure to sign on the dotted line in less than one month. Luckily I do not require a mortgage. Is it possible to decline from having conveyancing searches to save money and time?
If.Given you are are a cash buyer you have the choice not to do searches although no conveyancer would recommend that you don't. With plenty of history conveyancing in Exeter the following are instances of issues that can be revealed and therefore impact market value: Refused Planning Applications, Overdue Fees, Outstanding Grants, Road Schemes,...
I used Action Conveyancing a few years ago for my conveyancing in Exeter. I now require my file however the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Exeter of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Taking into account that I will soon spend 450k on a terraced house in Exeter I would like to talk to a conveyancer concerning thehome move ahead of giving the go ahead to the firm. Is this something that you can arrange?
This is something that we recommend - we would be happy to talk to you we do not take any clients on without you liaising with the lawyer due to be conducting your property ownership legalities in Exeter.There is no ‘factory style conveyancing’ - every client is unique person, not a case reference. The law firms that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Exeter should be the amount on the final invoice that you are charged.