We note that you have a search directory identifying firms on the Aldermore conveyancing panel. Do firms pay you a referral fee if I instruct them for our conveyancing in Billingshurst?
We are a listing service only for law firms wishing to communicate if they are on the Aldermore conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Billingshurst.
My husband and I intend to purchase a 1 bedroom flat in Billingshurst with a homeloan from Bank of Ireland.We would like to retain our Billingshurst conveyancing practitioner but Bank of Ireland advised that she’s not listed on their "panel". we are left little option but to use a Bank of Ireland panel solicitor or keep our high street solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; is there anything we can do?
No, not really. The home loan issued to you contains various provisions, a common one being that solicitors must be on the Bank of Ireland solicitor panel. Until recently, most banks had large numbers of law firms on their panels: a borrower could find 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 Bank of Ireland
How can we know in advance if a Billingshurst conveyancing solicitor on the Bank of Ireland panel is any good?
When it comes to conveyancing in Billingshurst obtaining recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always suggest that you speak with the solicitor conducting your transaction.
Last month we had a mortgage agreed in principle with Santander. Billingshurst conveyancing practitioners are instructed. What is the average time that one could expect to receive a mortgage offer from Santander?
There is no definitive answer here. Have Santander done the survey? Have you advised Santander as to your lawyers' details and checked that your lawyers are on the Santander conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I have a mortgage with Leeds Building Society for my property in Billingshurst. Conveyancing was finalised a year ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Leeds Building Society?
Your original mortgage agreement with Leeds Building Society will provide that you need their approval in advance of renting your property as this is likely to be a breach of Leeds Building Society’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Leeds Building Society directly. It should not be necessary to do this via a Leeds Building Society conveyancing panel lawyer.
I've recently found out that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a straight forward, no chain conveyancing. Billingshurst is the location of the property. What do you suggest?
Flying freeholds in Billingshurst are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Billingshurst you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Billingshurst may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
We're novice buyers - had an offer accepted, yet the selling agent told us that the seller will only move forward if we instruct the agent's recommended lawyers as they want an ‘expedited deal’. We would rather use a family conveyancer with experience of conveyancing in Billingshurst
We suspect that the owner is not behind this ultimatum. If they desire ‘a quick sale', alienating a motivated buyer is not the way to achieve this. Speak to the vendors direct and make sure they comprehend that (a)you are serious purchasers (b)you are ready to progress, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)but you intend to instruct your preferred Billingshurst conveyancing solicitors - not the ones that will earn the negotiator at the agency a referral fee or achieve conveyancing targets demanded by corporate headquarters.
As a tenant I am liable for a maintenance fee for my first floor flat in Billingshurst. As a result of personal circumstances I fell into arrears with payments. I negotiated a clearance schedule but there remains in the region of £1750 outstanding at the current time.
I now wish to dispose of the property and I am concerned this may jeopardize the sale if I have to discharge the amount due first. I'd like to sell up and subsequently pay them back with the proceeds - is this viable?
The conveyancing practitioner undertaking your Billingshurst sale will hopefully be in a position to negotiate with the appropriate parties, with a new to seeing if they would accept payment out of the sale proceeds. This is an example of why it might be good to instruct a solicitor in Billingshurst as they are likely to have an established relationship with the parties.