I plan on acquiring residence in Trearddur Bay. My lawyer is not on the lender solicitor panel. Is it possible for me to retain my Trearddur Bay conveyancing solicitor even though they are not on the mortgage company list of approved lawyers?
You have numerous options open to you here
- Carry on with your preferred Trearddur Bay conveyancer but your lender will need to instruct a conveyancer on their approved list. This will result in additional fees together with potential interruption.
- Get a fresh conveyancer to conduct the conveyancing, ensuring that they are on the bank conveyancing panel.
- Convince your property lawyer to do everything within their powers to get listed on the bank’s conveyancing panel
Can I use your services to recommend a Conveyancing solicitor in Trearddur Bay even if I’m not buying or disposing of a house, for instance if I wish to acquire a shop in Trearddur Bay with a loan from Godiva Mortgages Ltd?
The service is mainly there to help choose residential conveyancing solicitors in Trearddur Bay but we have set out at the end of this page some Trearddur Bay commercial conveyancing firms. You should enquire with the company directly to see if they are also authorised to represent Godiva Mortgages Ltd
Are the BSA planning on creating a search tool with a view to list solicitors on the Norwich and Peterborough Building Society conveyancing panel for instance in Trearddur Bay?
We have not been informed any intention on the part of the BSA to develop such a search facility.
Are all Trearddur Bay Conveyancing Quality Solicitors on the Coventry BS conveyancing panel?
Some major lenders now utilise the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their panels.
Last month we had a mortgage agreed in principle with Leeds Building Society. Trearddur Bay conveyancing lawyers have been appointed. How long does it take for Leeds Building Society to forward the offer to the lawyer?
There is no definitive answer here. Have Leeds Building Society done the valuation? Have you advised Leeds Building Society as to your lawyers' details and checked that your lawyers are on the Leeds Building Society conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
Planning on purchasing a house in Trearddur Bay. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Santander conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Trearddur Bay conveyancer is on the Santander conveyancing panel.
Have completed on a a semi-detached house in Trearddur Bay , how long should it take for the Land Registry to deal with the formalities evidencing my ownership? My Trearddur Bay conveyancing solicitor has been very slow, so I want to be certain that my ownership is recorded.
There is nothing unique when it comes to conveyancing in Trearddur Bay registration formalities. As opposed to being determined by geographic area, timescales can differ according to who lodges the application, whether it is in order and whether the Land registry communicate with any interested persons or bodies. As of today roughly three quarters of submission are fully dealt with within two weeks but occasionally there can be protracted hold-ups. Registration occurs after the new owner has moved in to the property so an expedited registration is not usually primary concern yet if it is urgent that the the registration takes place urgently then you or your solicitor can contact the land registry and explain the circumstances.
Do online conveyancing companies undertake everything a local Trearddur Bay solicitor does or do I still need to employ a solicitor for the final stages for my conveyancing in Trearddur Bay?
Where you use an online conveyancer they should cover all the things your Trearddur Bay solicitor will cover.