My husband and I are purchasing a ground floor flat in Houghton Regis. My Conveyancer is not on the mortgage company approved panel. Am I still permitted to continue with my Houghton Regis conveyancing solicitor notwithstanding that they are not on the lender list of approved lawyers?
You have a couple of choices open to you here
- Complete the deal with your preferred Houghton Regis conveyancing practitioner but your lender will undoubtedly instruct a property lawyer on their approved list. The net result is additional cost together with potential frustration.
- Get a fresh lawyer to conduct the conveyancing, making sure they are on the mortgage company conveyancing panel.
- Convince your conveyancer to do everything within their powers to join the lender’s panel of solicitors
My conveyancer has identified a defect with the lease for the flat we are buying in Houghton Regis. The other side have suggested defective title insurance as a workaround. We are happy with insurance and will pay for it. Our conveyancing practitioner has advised that he must check that the lender is happy with this solution. Are we the client or is the lender?
Even though you have a mortgage offer from the mortgage company does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook conditions. You and the lender are the client. These conveyancing instructions must be adhered to.
I am purchasing a semi-detached house in Houghton Regis. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Houghton Regis you will have to appoint a solicitor on your lender'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 Houghton Regis.
Have just purchased a probate house at auction in Houghton Regis. Conveyancing is required. What happens now?
Having exchanged you should instruct a conveyancing lawyer quickly as you are faced with a fast approaching deadline in which to complete the conveyancing. An auction property will ordinarily have an associated legal set of papers. This will include the copy title deeds, local authority and drainage searches. In the case of leasehold premises the legal pack should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork specific to leasehold premises. You need to pass this on to your appointed conveyancing solicitor ASAP. You also need to ensure that that you have the requisite funding in place to complete the transaction on the set completion date.
Forgive me if this question is silly but I am wet behind the ears as a 1st time purchaser of a two bedroom flat in Houghton Regis. Do I receive the keys to the premises on the completion date from my lawyer? If so, I will appoint a local conveyancing solicitor in Houghton Regis?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the purchase money to the seller's conveyancers, and once they have received this, you should be invited to pick up the keys from the Estate Agents and move into your new home. This tends to happen early afternoon.
Can you point me to a directory of RBS panel solicitors in Houghton Regis on the Council of Mortgage Lender’s Website?
No. There is no such facility on the Council of Mortgage Lenders or Building Society Association sites. Very few lending institutions make their panel listings open the public over the internet. If you are seeking to appoint a Houghton Regis solicitor on the RBS please make the most of our tool.
I require fast conveyancing in Houghton Regis as I am under an ultimatum to exchange contracts within 2 weeks. Fortunately I do not require a mortgage. Is it possible to decline from having conveyancing searches to save money and time?
As you are not obtaining a home loan you have the choice not to have searches conducted although no conveyancer would suggest that you don't. With lots of history conveyancing in Houghton Regis the following are examples of what can crop up and adversely impact market value: Enforcement Notices, Overdue Charges, Overdue Grants, Unadopted Roads,...
I am 3 weeks into a leasehold purchase having been recommend to solicitors by the selling agent to execute conveyancing in Houghton Regis. I am not happy. Could you help me find new lawyers?
A lawyer would need to be really bad in order to consider replacing them. Has the loan offer been sent? In the event that it has you need to inform them of the new contact details and ensure the offer are issued to the new lawyers. Your new solicitor ideally should be on the mortgage company panel to avoid escalating costs and frustration. So that should be your first question of the new lawyers. Our find a solicitor tool will help you find a bank approved solicitor for your conveyancing in Houghton Regis