Me and my fiance are acquiring a flat in Bordon. My Solicitor has never been on on the bank conveyancing list. Is it possible for me to appoint my Bordon conveyancing solicitor notwithstanding that they are not on the bank approved list?
You must appoint a conveyancer to complete the formalities when you need a mortgage to buy your property. The solicitor will carry out all the appropriate legal checks on the property, ensuring that you’re properly registered as the owner and ensure that all the required mortgage documentation is dealt with. You could appoint a Bordon property lawyer of your choosing. Nevertheless, where the property lawyer selected is not a member of the mortgage company conveyancing panel additional costs will be incurred as separate legal representation will be required by them. Lender panel applications may be submitted, so if your solicitor has not in the past applied for membership they can do so.
The Bordon conveyancing firm handling our Bordon conveyancing has uncovered a difference when comparing the surveyor’s assumptions in the home valuation survey and what is revealed within the conveyancing documents. My solicitor says that he must ensure that the lender is OK with this discrepancy and is still content to lend. Is my conveyancer’s stance correct?
Your property lawyer must comply with the UK Finance Lenders’ Handbook conditions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
We see that you have a post code search directory listing law firms on the Leeds Building Society conveyancing panel. Do firms pay you a referral fee if I retain them for our own conveyancing in Bordon?
We are a listing service only for law firms wishing to communicate if they are on the Leeds Building Society conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Bordon.
I have an AIP. The lender mentioned the home loan came with free conveyancing. Is the implication that I have to instruct their panel lawyer as I would much rather use a specialised conveyancing solicitor in Bordon?
You should check but the the likelihood is that allocate you one of their panel lawyers should you take up the "fee-free" offer. Contact the mortgage company to explore if they make available a cash alternative. In the past a few mortgage companies offered a £250 cashback as a further option in which case you could put that amount towards the cost for your conveyancing solicitor near Bordon.
I am aiming to move property in September. Will my conveyancing solicitor update the removal company on the day of completion. As an aside, can you recommend a removal company in Bordon. Conveyancing solicitor was organised before I stumbled across your page.
On the day of completion you can collect the house keys from the estate agent but this should only occur when the sellers lawyers inform the agent that the monies to complete are in and the keys can be given over. Subsequently you will need to tell the removal men that they can start moving you in. We do not suggest a specific removal organisation but can assist you in choosing a residential property solicitor in Bordon or a lawyer that specialises in conveyancing in Bordon.
My partner and I have arranged the release of further monies on our mortgage from Santander as we want to conduct a loft conversion to our home in Bordon. Do we need to select a local Bordon solicitor on the Santander conveyancing panel to handle the paperwork?
Santander do not ordinarily require firms on their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Santander list.
After shopping around on the internet I have found a Bordon solicitor having made sure that they are on the Clydesdale conveyancing panel. Does my lawyer arrange the survey of the property?
Clydesdale will need an independent valuation of the property. Your lawyer will not arrange this. Usually Clydesdale 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 Bordon 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.
I require fast conveyancing in Bordon as I have a deadline to sign on the dotted line inside one month. A mortgage is not required. Can I avoid the conveyancing searches to save money and time?
As you are not getting a home loan you are at liberty not to have searches conducted although no law firm would advise that you don't. With plenty of history conveyancing in Bordon the following are examples of issues that can arise and therefore affect future mortgageability: Refused Planning Applications, Overdue Charges, Overdue Grants, Railway Schemes,...