Me and my fiance are purchasing a 3 bedroom apartment in Lancing with a mortgage. We like our Lancing conveyancer, however the lender says he's not on their "panel". We have to appoint one of the bank panel solicitors or keep our Lancing conveyancer as well as pay for one of their panel lawyers to represent them. This seems very unfair; is there anything we can do?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Lancing conveyancing solicitor to apply to be on the conveyancing panel.
In the event thatI was to purchase a freehold propertyin Lancing mortgage fee and dispense with a survey and no conveyancing searches how much would I expect to have to pay for conveyancing in Lancing?
The only saving you would achieve is the disbursement for searches. The lawyer is required to do the vast majority of work - money laundering, correspond with the vendors property lawyer, SDLT return, register the ownership etc. You might save a bit for them not needing to register a mortgage however it will not be significant.
We are planning to acquire a house and need a conveyancing solicitor in Lancing who is on the Barclays conveyancing panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Barclays . We don't recommend any particular firms conducting conveyancing in Lancing.
We're in Lancing, FTBs purchasing with a mortgage (lender is HSBC , and our solicitor is on the HSBC conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the HSBC conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Can you point me to a directory of Principality panel solicitors in Lancing on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association sites. Very few mortgage companies make their panel listings available online. Where you are seeking to appoint a Lancing conveyancer on the Principality please use our tool.
My wife and I are spending time viewing flats in Lancing and I am now considering a potential offer. Is it too early to have a solicitor in place? I intend to finance via a mortgage with TSB.
It would be advisable to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the estate agent. Given that you are taking out a mortgage with TSB, make sure you remember to check that your lawyer is on the TSB conveyancing panel.
I was told two weeks ago that my mortgage has been agreed to by Kent Reliance. Is it usual for Kent Reliance to only issue the offer once my solicitor in Lancing is approved on their conveyancing panel? Kent Reliance have asked my solicitor to see a copy of their PI Insurance.
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Kent Reliance to deal with your lawyer's application to be on the Kent Reliance conveyancing panel. There's no guarantee that your solicitor will be accepted.
I am looking for a conveyancing lawyer in Lancing for my house move. Is it possible to see a firm’s complaints history with the profession’s regulator?
Anyone can find presented Solicitor Regulator Association (SRA) determinations resulting from investigations from 2008 onwards. Visit Check a solicitor's record. To find details Pre 2008, or to check a firm's record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The SRA may monitor telephone calls for training requirements.