Me and my partner are buying a maisonette in Aldersbrook. My Solicitor is not listed on the mortgage company solicitor panel. Can I still appoint my Aldersbrook conveyancing solicitor notwithstanding that they are not on the mortgage company panel?
You have a number of alternatives available to you here
- Complete the purchase with your chosen Aldersbrook conveyancer but your lender will undoubtedly appoint a conveyancing practitioner from their approved panel. This will result in additional charges together with probable frustration.
- Choose a fresh solicitor to conduct the conveyancing, obviously checking they are on the mortgage company conveyancing panel.
- Convince your lawyer to apply to join the mortgage company panel
We were just about to sign contracts for a semi detached house in Aldersbrook. We encountered a snag. Our mortgage offer with Lloyds TSB Bank expires on 27/5/2025 but the vendors are insisting on a completion date of 29/5/2025. Is it possible to extend the loan offer?
The best person to deal with your question is your lawyer who should assess whether he or she is corresponding with the mortgage company, vendor’s solicitors, property agents or conceivably all three taking into account the history of your transaction to date.
It is 10 years ago since I acquired my property in Aldersbrook. Conveyancing lawyers have recently been appointed on the sale but I am unable to find the title deeds. Will this cause complications?
You need not be too concerned. Firstly there is a possibility that the deeds will be kept by your lender or they could be archived with the lawyers who handled the purchase. Secondly the likelihood is that the title will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers procuring current official copies of the land registers. Almost all conveyancing in Aldersbrook relates to registered property but in the unlikely event that your property is unregistered it adds to the complexity but is not insurmountable.
My fiance and I are purchasing a 3 bedroom flat in Aldersbrook with a mortgage from Nationwide Building Society.We have a Aldersbrook conveyancing solicitor but Nationwide Building Society says his firm is not on their "panel". We have to appoint a Nationwide Building Society panel lawyer or keep our high street solicitor and pay for one of their panel ones to represent them. This seems very unfair; is there anything we can do?
Unfortunately,no. The home loan offered to you is subject to its terms and conditions, one of which will be that conveyancers needs to be on the Nationwide Building Society approved list. in the past, most mortgage companies 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 lawyer to apply to be on the conveyancing panel for Nationwide Building Society
I have been sourcing a conveyancing practitioner in Aldersbrook for my home move. Can I check a firm’s complaints history with the profession’s regulator?
Anyone can find documented Solicitor Regulator Association (SRA) decisions arising from inquisitions started on or after Jan 2008. Visit Check a solicitor's record. To find records about the period before 1 January 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, call +44 (0)121 329 6800. The SRA could recorded telephone calls for training reasons.
I have been informed by many family members to expect 6-8 weeks for Aldersbrook conveyancing to complete.This was 3 ago. The paperwork was only sent to my conveyancing practitioner a few days ago so now does it countdown?
Do not rely on moving on a certain date until exchange of contracts occurs. Regardless of the promises the people you are purchasing from or selling to make, or your lender provides don't bank on them. More frustration is caused to home movers by unfulfilled promises than anything else.