My wife and I are purchasing a 1 bedroom flat in Brixham with a mortgage. We like our Brixham conveyancer, but the mortgage company says she’s not on their "panel". We have to appoint one of the lender panel solicitors or continue with our Brixham solicitor and pay for one of their panel ones to act for them. We feel that this is unjust; can we not demand that the mortgage company use our Brixham solicitor ?
Unfortunately,no. Your mortgage offer 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. Another option that might be available is for your Brixham conveyancing lawyer to apply to be on the conveyancing panel.
My fiance and I are refinancing our maisonette in Brixham with Co-operative. We have a son 18 who lives at home. Our solicitor has asked us to disclose anyone over the age of 17 other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the apartment is repossessed. I have two concerns (1) Is this document specific to the Co-operative conveyancing panel as he did not need to sign this form when we bought 5 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Co-operative. This is solely used to protect Co-operative if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Co-operative had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
We are planning to purchase with Earl Shilton BS. We have called around locally yet am unable to find a Brixham conveyancing firm on the Earl Shilton BS panel. Please you help?
You should take advantage of the find a lender approved solicitor tool on this page. Please choose the building society and type Brixham or your location and you will discover numerous conveyancers offices in Brixham or by proximity to you.
I opted to have a survey completed on a house in Brixham in advance of instructing conveyancers. I have been told that there is a flying freehold element to the house. My surveyor has said that some lenders tend not give a loan on this type of premises.
It depends who your proposed lender is. Lloyds has different instructions for example to Birmingham Midshires. If you call us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Brixham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Brixham to see if the conveyancing costs will increase in light of this.
I am looking to sell my home. My previous solicitors closed down. I am in need of a recommendation of a conveyancing firm. I happen to live in Brixham if that affects matters.
Please use our search tool to help you find a solicitor for your conveyancing in Brixham. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.
Am I best advised to go with a Brixham conveyancing lawyer based in the location that I am purchasing? We have a good friend who can carry out the legal formalities but they are based a couple of hundredmiles drive away.
The benefit of a high street Brixham conveyancing practice is that you can visit the firm to sign documents, hand in your identification documents and apply pressure on them if necessary. Having local Brixham know how is a bonus. However it's more important to get someone that will do a good and efficient job. If if people you trust instructed your friend and on the whole were happy that must surpass using an unknown Brixham conveyancing lawyer solely due to them being round the corner.