We see that you have a search directory listing solicitors on the Virgin Money conveyancing panel. Do firms pay you a commission if I appoint them for our conveyancing in Clapham and Salph End?
We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Clapham and Salph End.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Clapham and Salph End. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 22/11/2024, the requirements read as follows :
Two weeks ago we had a mortgage agreed in principle with Kent Reliance. Clapham and Salph End conveyancing lawyers were selected. What is the average time that one could expect to receive a mortgage offer from Kent Reliance?
Some lenders take longer than others. Have Kent Reliance done the valuation? Have you advised Kent Reliance as to your lawyers' details and checked that your lawyers are on the Kent Reliance conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
We were going to get a OIP from TSB this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do TSB recommend any Clapham and Salph End solicitors on the TSB conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Clapham and Salph End solicitors independently although you'll need to choose one on the TSB conveyancing panel. The solicitor represents both you and TSB through the process.
I've read lots of house buying guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Clapham and Salph End solicitor - who is on the Principality conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Principality will need an independent valuation of the property. Your lawyer will not arrange this. Usually Principality 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 Clapham and Salph End 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.
How does conveyancing in Clapham and Salph End differ for new build properties?
Most buyers of new build property in Clapham and Salph End come to us having been asked by the builder to sign contracts and commit to the purchase even before the residence is finished. This is because new home sellers in Clapham and Salph End tend to buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Clapham and Salph End or who has acted in the same development.
What tools are available to locate a Clapham and Salph End law firm on the Bank of Ireland conveyancing panel? I drive a motor bike and am happy to travel upto 20miles to meet the solicitor.
You can use the search on this page. Please select a lender and your location and you will see a number of Clapham and Salph End conveyancing lawyers based on proximity. We have detailed some Clapham and Salph End conveyancing firms towards the end of this page and you can ring them to see whether they are on the Bank of Ireland panel
My work colleague mentioned that before choosing a conveyancing solicitors they need approved by your lender. This is my first house move but I have an offer in principle via Birmingham Midhshires and I already have a local conveyancing solicitor in Clapham and Salph End at the ready. Will Virgin Money insist on an approved lawyer to be instructed? If so, where do I find that list for my conveyancing in Clapham and Salph End?
You should instruct a solicitor that is on the Virgin Money panel. Just ring your chosen Clapham and Salph End conveyancing lawyer and ask if they are on the Virgin Money panel. If they are not approved you have numerous choices available to you here:
- Carry on with your existing Clapham and Salph End conveyancer but Virgin Money will no doubt appoint a conveyancer on their conveyancing panel. The net impact is additional fees together with likely frustration.
- Get a new property lawyer to act in the purchase, making sure they are on the Virgin Money conveyancing panel.
- Convince your lawyer to pull out all the stops to get listed on the Virgin Money panel of solicitors.