Are all Ivybridge Conveyancing Quality Solicitors on the Principality conveyancing panel?
It is true that some lenders now make use of CQS as the starting point for Panel approval such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their panels.
We are getting a further advance on our home loan from Clydesdale as we intend to carry out a loft conversion to our property in Ivybridge. Are we obliged to choose a bricks and mortar Ivybridge solicitor on the Clydesdale conveyancing panel to deal with the legals?
Clydesdale would not normally instruct firms on their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Clydesdale conveyancing panel.
I had an offer accepted on an apartment in Ivybridge on 18/10/2021, valuation was booked 4 days after, all came back fine. Solicitor appointed, so all that was missing was my mortgage offer. Having made daily calls to Bank of Ireland and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Bank of Ireland conveyancing panel. Can the lender hold off the offer?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Bank of Ireland to deal with your lawyer's application to be on the Bank of Ireland conveyancing panel. There's no guarantee that your solicitor will be accepted.
My friend recommended that where I am purchasing in Ivybridge I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes included in the estimate for your Ivybridge conveyancing searches. It is a large report of more than thirty pages, listing and detailing significant information about Ivybridge around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Ivybridge Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful information concerning Ivybridge.
Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what was supposed to be a quick, no chain conveyancing. Ivybridge is the location of the property. Can you shed any light on this issue?
Flying freeholds in Ivybridge are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Ivybridge you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ivybridge may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Is it possible to transfer to a new firm as I have to choose one who is on the Platform Home Loans Ltd conveyancing list. I instructed a family conveyancing solicitor in Ivybridge five minutes from me but she is not accepted by Platform Home Loans Ltd
It would be our pleasure to help you select a conveyancing solicitor in Ivybridge on the Platform Home Loans Ltd panel. Please note that the solicitors that we on the directory do not pay us a referral fee if you instruct them and are fully regulated by the SRA who regulate all conveyancing solicitors in Ivybridge. In making use of the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Ivybridge.
My step-father has suggested that I appoint his conveyancers in Ivybridge. Should I use them?
No doubt it’s preferable to select a conveyancing solicitor is to seek feedback from friends or relatives who have previously instructed the solicitor you're considering.
Me and my husband are selling a Ivybridge bungalow left to us 8 years ago in 2009. I have over a decades worth of conveyancing knowledge and, although retired, wish to do my own legal work. The buyer's conveyancing practitioner has informed me that their mortgage company will not allow us to do our own conveyancing as they require the funds to be released via a solicitor's bank account.
Mortgage requirements to lawyers from all CML members state that If the vendor is not legally represented the purchaser’s lawyers should check whether the lender needs to be told so that a decision can be reached if they are willing to move forward.