Me and my fiance are buying a 2 bedroom flat in Oldland with a mortgage. We like our Oldland conveyancer, but the mortgage company says she’s not on their "panel". We have to appoint one of the bank panel firms or retain our Oldland solicitor as well as pay for one of their panel firms to act for them. We consider that this is unjust; are we not able to require that the mortgage company use our Oldland conveyancing practitioner ?
No, not really. 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. Another option that might be available is for your Oldland conveyancing lawyer to apply to be on the conveyancing panel.
The sellers of the home we are purchasing have instructed a conveyancing practitioner in Oldland who has suggested a exclusivity contract with a down payment of 5k. Is it wise to enter into such agreements?
There are two primary downsides with signing a lock out agreement (also termed a shut-out contract) is that it can distract from making progress with the conveyancing process, so unless it requires little or no negotiation then it could turn out to be a hindrance. It is not particularly popular amongst Oldland conveyancing practitioners for this reason. A supplemental issue is the extent of the remedies available - an aggrieved purchaser is not likely to secure an injunction to prohibit the owner disposing of the property to a third party, so the only remedy available under the contract will be the reimbursement of wasted charges and, in restricted scenarios, the additional payment of penalties.
Can your site be used to recommend a Conveyancing solicitor in Oldland even if I’m not buying or selling a house, for example where I wish to acquire a shop in Oldland with a loan from Barnsley Building Society?
Our comparison service is predominantly there to get a quote from residential conveyancing solicitors in Oldland but we have recorded towards the bottom of this page a selection of Oldland commercial conveyancing firms. You should make contact with the firm directly to see if they can also act for Barnsley Building Society
I am buying a house and require a conveyancing solicitor in Oldland who is on the Norwich and Peterborough Building Society conveyancing. 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 listed as being on the approved conveyancing panel for Norwich and Peterborough Building Society in certain locations such as Oldland. We dont recommend any particular firm.
We are intent on selling our house in Oldland and according to the buyers it appears that there is a possibility that the property was built on contaminated land. Any high street Oldland lawyer would know that there is no such problem. It does beg the question why the buyers instructed an online conveyancing outfit as opposed to a conveyancing solicitor in Oldland. Having lived in Oldland for six years we know that this is a non issue. Should we get in touch with our local Authority to seek clarification need.
It sounds as though you may have a conveyancing solicitor currently acting for you. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
I'm refinancing my existing property to a BTL loan with Aldermore and I will use the rest of the raised equity as a down payment on further house. The neighborhood we are talking about is Oldland. Will your solicitors be able to act for the two banks and link together the conveyances?
Make use of our comparison tool on this page to ensure that the solicitors are on the appropriate lender panels. Assuming that they are the solicitor will be able to tie up the two deals but you should have a chat with you lawyer and make clear your expectations and needs.