Me and my fiance are purchasing a 2 bedroom apartment in North End with a mortgage. We wish to retain our North End conveyancer, but the mortgage company says he's not on their "panel". We have to appoint one of the mortgage company panel solicitors or keep our North End conveyancing practitioner as well as pay for one of their panel ones to represent them. This feels very unfair; can we not require that the lender use our North End conveyancing practitioner ?
Unfortunately,no. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’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. Another option that might be available is for your North End conveyancing lawyer to apply to be on the conveyancing panel.
Would the conveyancing solicitors listed on your site handle attended exchange conveyancing in North End?
We do have a number of conveyancing experts carrying out attended exchanges. Please e-mail us to secure a conveyancing quote and details as to dates.
I require quick conveyancing in North End as I am under a deadline to sign on the dotted line inside one month. Luckily I do not need a mortgage. Can I escape the need for conveyancing searches to save money and time?
If.Given you are not obtaining a mortgage you are at liberty not to do searches although no conveyancer would suggest that you don't. With lots of history conveyancing in North End the following are instances of what can arise and therefore affect the marketability of the property: Enforcement Actions, Outstanding Charges, Outstanding Grants, Unadopted Roads,...
Yesterday I discovered that there is a flying freehold element on a property I have offered on two weeks back in what should have been a straight forward, chain free conveyancing. North End is where the house is located. Can you shed any light on this issue?
Flying freeholds in North End are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside North End you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in North End 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 residence.
I'm converting the mortgage on my existing property to a BTL loan with Birmingham Midshires and intend to use the remaining equity as a deposit on another property. The location we are interested in is North End. Will your solicitors be able to act for both sets of mortgage companies and tie in the transactions?
Do use our comparison tool on this site to check that the conveyancers are approved by both banks. Having checked that they are the lawyer should be able to connect the two deals but you should talk with you solicitor and specify your expectations and needs.
Should I go with a North End conveyancing solicitor in close proximity to the house I am purchasing? An old friend can perform the legal formalities however her office is 300kilometers drive away.
The benefit of a local North End conveyancing practice is that you can pop in to execute documents, present your ID and pester them if necessary. They will also have local insight which is a benefit. That being said it's more important to get someone that will do a good and efficient job. If you know people who instructed your friend and the majority were content that should outweigh using an unknown North End conveyancing lawyer just because they are round the corner.