I am getting a mortgage with Nat West. My intention is to retain the legal services of a Licensed Conveyancer in Aylesbury. Does the Nat West Conveyancing panel exclude conveyancers regulated by the CLC?
The Nat West conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I am thinking of mortgaging my property in Aylesbury, does my lawyer have to be on the Nationwide Solicitor panel?
There is nothing to stop you using your solicitor, but Nationwide will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
We are buying a house in Aylesbury. It might be a silly question but how we can trust a conveyancer? At some point we will need to send funds into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We previously chose conveyancers based in Aylesbury on the Santander solicitor approved list. They have just invoiced me a supplemental sum for handling the Santander mortgage. Is this a supplemental conveyancing fee specified by Santander?
As unfair as it may seem, as long as it’s in their Terms of Engagement or estimate then yes your property lawyer is entitled to charge a fee for this. This charge is not dictated by Santander but by your Aylesbury conveyancer. Plenty of firms on the Santander panel will charge an ‘acting for lender’ fee and others do not.
RBS have agreed my home loan in principle, my offer on a apartment in Aylesbury has been accepted, now what?
Your property agent will want to be informed of your conveyancing practitioner's details (be sure the solicitors are on the lender’s approved list). Call up RBS or your broker and complete any appropriate documentation. RBS will instruct a valuer who will get in touch with the estate agent or seller to book a slot for the valuation to occur. Once carried out (assuming no problems) it takes approximately ten days to get a mortgage offer. RBS will send the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Aylesbury.
We are selling our home in Aylesbury and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any high street Aylesbury conveyancer would know that there is no such problem. It does beg the question why the buyers instructed a factory type conveyancing practice rather than a conveyancing solicitor in Aylesbury. We have lived in Aylesbury for 5 years we know that this is a non issue. Should we contact our local Authority to get clarification that the buyers are looking for.
It sounds as though you may have a conveyancing solicitor already. Are they able to advise? You should enquire of 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 health insurance to cover that same sickness)
How does conveyancing in Aylesbury differ for newly converted properties?
Most buyers of new build property in Aylesbury approach us having been asked by the builder to sign contracts and commit to the purchase even before the premises is completed. This is because house builders in Aylesbury typically acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Aylesbury or who has acted in the same development.
Been reading online that Aylesbury solicitors are more expensive than Aylesbury conveyancers in Aylesbury when it comes to purchasing a property. Am I better off using a conveyancer or a solicitor where I am buying for my home move in Aylesbury.
When it comes to conveyancing in Aylesbury the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.