I am nearing exchange of contracts for my house in Curdworth and the estate agent has just telephoned to advise that the buyers are changing their law firm. I am told that this is due to the fact that the lender will only deal with solicitors on their conveyancing panel. Why would a leading mortgage company only deal with certain law firms rather the firm that they want to select to handle their conveyancing in Curdworth ?
Mortgage companies have always had an approved set of law firms they are content to work with, but in the last few years big names such as HSBC, have reviewed and reduced their conveyancing panel– in some cases removing conveyancing firms who have worked with them for more than 15 years.
Banks point to the increase in fraud as the reason for the pruning – criteria have been narrowed as a smaller panel is easier to monitor. Banks tend not to reveal how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society says it is being contacted daily by practices that have been removed from panels. Some are unaware that they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. Your purchasers are unlikely to have any sway in the decision.
Can the conveyancing lawyers that you recommend conduct right to buy conveyancing in Curdworth?
We have identified plenty of conveyancing experts carrying out right to buy transactions You should get in touch with the conveyancers listed in order to obtain a conveyancing quote.
I am planning to acquire a house and require a conveyancing solicitor in Curdworth who is on the Barnsley Building Society approved. 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 listed as being on the approved conveyancing panel for Barnsley Building Society in certain locations such as Curdworth. We dont recommend any particular firm.
Forgive me if this question is silly but I am unseasoned as FTB of a garden flat in Curdworth. Do I collect the keys to the premises on the completion date from my conveyancer? If so, I will use a local conveyancing solicitor in Curdworth?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the purchase money to the seller's conveyancers, and once they have received this, you will be invited to pick up the keys from the selling Agents and move into your new home. Usually this occurs early afternoon.
My husband and I have organised a further advance on our home loan from Barclays as we wish to carry out a loft conversion to our house in Curdworth. Do we need to appoint a bricks and mortar Curdworth solicitor on the Barclays conveyancing panel to handle the paperwork?
Barclays would not normally instruct a member of their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Barclays conveyancing panel.
I have decided to exercise my right to buy my property in Curdworth off the council. I have a mortgage offer with Aldermore. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Aldermore, you will need to appoint a solicitor on the Aldermore conveyancing panel.
Over the last few months I have been searching for a flat up to £245,000 and found one near me in Curdworth I like with a park and station nearby, the downside is that it only has 49 years on the lease. There is not much else in Curdworth for this price, so just wondered if I would be making a grave error buying a short lease?
If you require a home loan the shortness of the lease will likely be problematic. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you may request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this matter.
I am looking to sell my house. My past lawyers has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Curdworth if that makes a difference.
Please use our search tool to help you choose a solicitor for your conveyancing in Curdworth. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.