My husband and I are purchasing a 2 bedroom flat in Beaufort with a mortgage. We would like to retain our Beaufort solicitor, however the bank advise he's not on their "panel". We have to appoint one of the lender panel solicitors or keep our Beaufort property lawyer and pay for one of their panel firms to represent them. We feel that this is unjust; is there anything we can do?
Unfortunately,no. 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. A further alternative is for your Beaufort conveyancing solicitor to apply to be on the conveyancing panel.
We note that you have a post code search directory listing firms on the Lloyds conveyancing panel. Do firms pay you a referral fee if I appoint them for our own conveyancing in Beaufort?
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 Beaufort.
I am assisting my sister sell her house in Beaufort. Will the solicitor commission the EPC or should I organise this?
Following the demise of Home Packs, energy assessments was left as a compulsory element of moving house. An energy performance certificate needs to be commissioned in advance of the property being advertised. This is not a task that solicitors normally organise. If you are instructing a Beaufort conveyancing practitioner they might help arrange EPC’s given their contacts with long established local energy assessors
My bid for a property was accepted at auction in Beaufort. Conveyancing is required. What is next?
Having to all intents and purposes signed on the dotted line you now have to choose a conveyancing practitioner soon as you are faced with a fast approaching deadline in which to complete the conveyancing. An auction property should have a corresponding auction pack. This will likely include evidence of title and search results. If you have purchased leasehold premises the legal pack may provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to leasehold premises. You need to give this to your appointed conveyancing solicitor ASAP. You also need to ensure that you have funds in place to complete the transaction on the set completion date.
Intending to buy a maisonette in Beaufort. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the HSBC 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 Beaufort solicitor is on the HSBC conveyancing panel.
I opted to have a survey completed on a house in Beaufort before instructing lawyers. I have been informed that there is a flying freehold overhang to the house. The surveyor has said that some lenders may not give a loan on such a property.
It varies from the lender to lender. HSBC has different instructions from Halifax. Should you wish to telephone us we can investigate further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Beaufort. Conveyancing may be slightly more expensive based on your lender's requirements.
How do I identify a Beaufort solicitor on the Lloyds TSB Bank conveyancing panel? I drive a motor bike and am prepared to travel upto 25miles to meet the conveyancer.
You can use the facility on this website. Please select a mortgage company and your location and you will see a number of Beaufort conveyancing lawyers located nearest you. We have detailed some Beaufort conveyancing firms at the bottom of this page and you can ring them to verify if they are on the Lloyds TSB Bank approved list
Is it best to appoint a Beaufort conveyancing practitioner in close proximity to the house I am purchasing? An old friend can perform the legal formalities but his firm is located 300miles drive away.
The benefit of a local Beaufort conveyancing practice is that you can drop in to execute documents, hand in your identification documents and pester them where appropriate. They will also have local intelligence which is a bonus. That being said nothing is more important than finding someone that will pull out all the stops for you. If other friends have used your friend and in the main were impressed that should surpass using an unfamiliar Beaufort conveyancing solicitor just because they are Beaufort based.