I can't travel far from Addlestone. Is there a reason why all Addlestone conveyancing practitioners are not on all bank panels?
Mortgage Companies tend to impose restrictions on either the type or volume of conveyancing practices on their approved list of lawyers. A common example of such restriction(s) being that a firm must have at least two partners. In addition to restricting the structure of firm, some banks such as HSBC made a decision to reduce the size of their panel they use to represent them. It is worth noting that lenders have no liability for the standard of service given by any Addlestone solicitor on their panel. Mortgage fraud was a key driver in the culling of solicitor panels a few years ago notwithstanding that there are conflicting assessments about the extent of solicitor involvement in some of that fraud. Statistics published by HMLR reveal that thousands of conveyancing firms only carry out a couple of conveyances a year. Those vindicating conveyancing panel consolidation ask why conveyancing firms deserve any entitlement to be listed on a conveyancing panel when clearly conveyancing is not their primary expertise?
We note that you have a search directory identifying solicitors on the Lloyds conveyancing panel. Do companies pay you a commission if I retain them for our own conveyancing in Addlestone?
We are a listing service only for law firms wishing to communicate if they are on the Lloyds conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Addlestone.
I have been referred to a conveyancing solicitor in Addlestone. I I am struggling to find out if they are accepted on the Aldermore approved list of lawyers. Could you advise?
You should contact the lawyer and enquire if they can act for the bank. Alternatively please get in touch with Aldermore who may be able to help.
This question may be naive but I am wet behind the ears as a first time purchaser of a garden flat in Addlestone. Do I pick up the keys to the premises on the completion date from my lawyer? If so, I will appoint a local conveyancing solicitor in Addlestone?
On the day of completion you will not be required to attend the conveyancers office in Addlestone. Your solicitors will arrange to send the purchase money to the seller's solicitors, and once they have received this, you should be invited to collect the keys from the selling Agents and start moving into the property. This tends to happen early afternoon.
I have instructed a Addlestone solicitor having made sure that they are on the Leeds Building Society conveyancing panel. Does my lawyer arrange the survey of the property?
Leeds Building Society will need an independent valuation of the property. Your lawyer will not arrange this. Usually Leeds Building Society will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Addlestone surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
UBS have agreed my home loan in principle, my bid on a property in Addlestone has been accepted, what happens next?
The property agent will need to be advised as to your conveyancer's details (ensure that the property lawyers are on the lender’s panel). Telephone UBS or the broker and finish off any relevant documentation. UBS will instruct a valuer who will get in touch with the selling agent or vendor to arrange a time for the valuation to occur. Once conducted (assuming no problems) it takes on average a week for the mortgage offer to be issued. UBS will issue the offer to you and your property lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Addlestone.
What makes your site different to other online quote calculators for conveyancing in Addlestone?
At this site secure a conveyancing quote via a Solicitor or Licensed Conveyancer that has a full understanding of the nuances of your conveyancing in Addlestone. Unlike many estate agents and many comparison sites we do not charge firms a fee if you instruct them for your home move in Addlestone
I need to retain a conveyancing solicitor for residential conveyancing in Addlestone. I have land on a site which seems to have the perfect offering If it is possible to get all formalities done via web that would be preferable. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?