We are hoping to acquire a 2 bedroom apartment in Chesterton with a mortgage. We have a Chesterton conveyancer, but the lender says she’s not on their "panel". We have to appoint one of the mortgage company panel conveyancing practices or retain our Chesterton conveyancer and pay for one of their panel ones to act for them. This feels very unfair; are we not able to demand that the bank use our Chesterton conveyancer ?
Unfortunately,no. The mortgage offered to you 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. A further alternative is for your Chesterton conveyancing lawyer to apply to be on the conveyancing panel.
My lawyer has uncovered a a legal deficiency with the lease for the apartment we are purchasing in Chesterton. The other side have put forward defective title insurance as a workaround. We are happy with insurance and will pay for it. Our lawyer has advised that he must check that the mortgage company is happy with this solution. Who is the client here, us or the bank?
Notwithstanding that you have a mortgage offer from the bank does not mean to say that the property will meet their provisions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook conditions. You and the mortgage company are the client. These conveyancing instructions must be adhered to.
We are purchasing a house and require a conveyancing solicitor in Chesterton who is on the Co-operative solicitor panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Co-operative . We don't recommend any particular firms conducting conveyancing in Chesterton.
Our mortgage company has suggested solicitors on their panel based in Chesterton but I would rather instruct a conveyancing lawyer in Chesterton local to me. Are you able to assist?
The minority of Chesterton conveyancing practices are approved and listed on all lender’s conveyancing panel. Please make the most of our search tool to locate a Chesterton conveyancing firm on the on the mortgage company panel.
Taking into account that I will soon spend hundreds of thousands of pounds on a property in Chesterton I would like to have a conversation with the lawyer regarding thetransaction before appointing the firm. Is this something that you can arrange?
We could not agree more - we would be pleased to talk to you we do not take any clients on without you liaising with the solicitor who will be doing your conveyancing in Chesterton.There is no ‘factory style conveyancing’ - every client is an important individual, not a matter reference. The solicitors that we put you in touch with believe that the figure you are provided with for residential conveyancing in Chesterton should be the amount on the final invoice that you end up paying.
In my capacity as executor for the will of my uncle I am disposing of a property in Cardiff but live in Chesterton. My conveyancer (approximately 260 kilometers from merequires that I execute a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing lawyer in Chesterton to witness and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are based in Chesterton