My husband and I are purchasing a 3 bedroom flat in Camberley with a mortgage. We would like to retain our Camberley lawyer, but the bank advise he's not on their "panel". We have to appoint one of the bank panel firms or keep our Camberley conveyancer as well as pay for one of their panel lawyers to act for them. This feels very unfair; are we not able to require that the mortgage company use our Camberley lawyer ?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’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 Camberley conveyancing solicitor to apply to be on the conveyancing panel.
What is the optimum way to discover of the solicitor conducting my conveyancing in Camberley is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for National Westminster Bank thus spending £192.00 in another set of legal charges.
Please do make the most of the search tool on this page. Pick the lender and type ‘Camberley’ or your preferred area and you will be presented with a number of lawyer located in Camberley or near you.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Camberley?
There are many recorded licenced Conveyancers in Camberley and Solicitor practices in Camberley who provide Conveyancing services It is important to make clear that both are regulated professionals specialising in the legal work in transferring property. They may both also deal with associated property related work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
Can you point me to a directory of Coventry BS panel solicitors in Camberley on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such tool on the CML or Building Society Association websites. Very few lending institutions make their panel listings visible on the web. If you are looking for a Camberley conveyancing practitioner on the Coventry BS please use our tool.
Our sealed bid on a house in Camberley has been agreed to, but there is a chain. The vendors have put an offer on somewhere, but it’s not been accepted yet, and have viewings of other properties booked. I have selected a local conveyancing solicitor in Camberley. What should be my next step? When should I get the mortgage application with Aldermore started?
It is normal to have concerns where there is a chain as you are unlikely to want to incur costs too early (home loan application is in the region of one thousand pounds, then survey, Camberley conveyancing search charges, etc). First, you should check that your conveyancing practitioner is on the Aldermore conveyancing panel. Regarding the next stages this very much dictated by the circumstances of your transaction, attraction to the property and on the state of the market. In a rising market some purchasers will apply for the mortgage with Aldermore and arrange for the valuation and only if it was satisfactory would they pay their property lawyer to move forward with searches.
We are selling our property in Camberley and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. Any local conveyancer would know this is not the case. For the life of me I don't know why the purchasers are using an online conveyancing firm rather than a conveyancing solicitor in Camberley. Having lived in Camberley for many years we know of no issue. Do we contact our local Authority to seek clarification need.
It sounds as though you may have a conveyancing lawyer currently acting for you. What do they say? You should check with 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 ailment)
Due to the advice of my in-laws I had a survey completed on a property in Camberley prior to retaining solicitors. I have been informed that there is a flying freehold overhang to the house. Our surveyor has said that some lenders tend not issue a mortgage on a flying freehold property.
It varies from the lender to lender. HSBC has different instructions for example to Nationwide. Should you wish to telephone us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Camberley. Conveyancing will be smoother if you use a solicitor in Camberley especially if they are familiar with such properties in Camberley.
I have been recommended by numerous property agents in Camberley to find a conveyancer using your seach tool. Is there a financial inducement for Estate Agents to recommend your services ahead of alternative conveyancing organisations?
We refuse to offer any financial incentive for sending work our way. We found it would be just too difficult a fee because home movers will think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.