My fiance and I are hoping to purchase a house in Catterick Garrison and have appointed a Catterick Garrison conveyancing firm. Within the last couple of days our lawyer has forwarded the sale agreement to be signed with a detailed report with a view to exchanging next week. Norwich and Peterborough Building Society have this evening contacted us to inform me that they have now hit a problem as our Catterick Garrison lawyer is not on their conveyancing panel. Please explain?
When purchasing a property with the benefit of a mortgage it is standard for the purchasers' lawyers to also act for the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your solicitor should contact your lender and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on the bank's conveyancing panel as you are at liberty to use your preferred Catterick Garrison lawyers, in which case your legal fees may increase, and it will likely delay the transaction as you have another set of people involved.
Do the conveyancing lawyers that you recommend perform right to buy conveyancing in Catterick Garrison?
We work with a variety of conveyancing practitioners carrying out right to buy transactions Do get in touch with us with a view to get a costs calculation.
Are the Catterick Garrison conveyancing solicitors identified as being on the Nottingham conveyancing panel, together with their details provided by Nottingham?
Catterick Garrison conveyancing firms themselves provide us confirmation that they are on the Nottingham conveyancing panel as opposed to being supplied with a list from Nottingham directly.
My bank has suggested a law firm on their panel based in Catterick Garrison but I would rather choose a conveyancing lawyer in Catterick Garrison or nearer to where I live. Are you able to help?
It is by no means the case that all Catterick Garrison conveyancing practices are listed all lender’s conveyancing panel. Use the above find an approved solicitor tool to locate a Catterick Garrison conveyancing firm on the on the bank panel.
I am aiming to move home in May. Does my conveyancing solicitor liaise with the removal company on the completion day. As an aside, can you suggest a removal company in Catterick Garrison. Conveyancing lawyer was found prior to coming across your website.
On the afternoon of completion you will need to collect the house keys from the selling agent but this can only take place once the sellers solicitors inform the agent that they have the completion monies and the keys can be passed over. Subsequently you can inform the removal company that they can start moving you in. We are not in a position to recommend a specific removal organisation but can assist you in locating a residential property solicitor in Catterick Garrison or a lawyer that specialises in conveyancing in Catterick Garrison.
I am the sole beneficiary of my late grandmother’s estate and I have everything in my name now, including the house in Catterick Garrison. The Catterick Garrison property was put into my name in January. I now wish to sell up. I do know about the CML six month 'rule', meaning my proprietorship may be treated the same way as if I'd bought the property in January. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be caught by that. Most mortgage companies would take a sensible view as this clause chiefly exists to capture the purchase and immediately sell or the quick reselling of property.
After what feels like an age I have had an offer on an apartment in Catterick Garrison accepted, but there is a chain. The owners have offered on on an apartment, but it’s not yet agreed to, and are looking at other properties booked. I have chosen a high street conveyancing solicitor in Catterick Garrison. What should be my next step? At what point should I apply for the mortgage with Clydesdale?
It is usual to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx £1k, then survey, Catterick Garrison conveyancing search charges, etc). The first thing to do is check that your lawyer is on the Clydesdale approved list. Regarding the subsequent phase this very much depends on the uniqueness of your case, desire for the property and on the state of the market. During a buoyant market many home buyers will apply for a home loan with Clydesdale and arrange for the valuation and only if it comes back ok would they ask their conveyancer to press on with the conveyancing in Catterick Garrison.
I have been advised by a number of estate agents in Catterick Garrison to find a property lawyer on your site. What’s the financial inducement for Estate Agents to market your site rather than alternative conveyancing organisations?
We don’t make any commission for sending work our way. We thought it would be too underhand to pay a commission because home movers will think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.