I have just been advised by my estate agent that my Dolgellau the law firm I have appointed is not on the lender Conveyancing panel. What can I do to be sure whether this is correct?
You need to contact your Dolgellau conveyancer. You lawyer should advise you what has happened. If they are not on the panel they may be able to suggest a Dolgellau conveyancing practice that is on the approved list of lawyers for your bank.
Why do I have to pay up front for conveyancing in Dolgellau?
If you are buying a property in Dolgellau your lawyer will request that you place them with monies to cover the search fees. Generally this is needed to cover the fees of the Local Authority Search. If any deposit is as part of the sale price then this should be needed immediately prior to exchange of contracts. The final balance that is needed will be payable shortly before completion.
Can you clarify what the consequences are if my lawyer’s firm is removed from the TSB Conveyancing panel ahead of completing my conveyancing in Dolgellau?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
How does conveyancing in Dolgellau differ for new build properties?
Most buyers of new build premises in Dolgellau contact us having been asked by the builder to sign contracts and commit to the purchase even before the house is completed. This is because house builders in Dolgellau usually buy the site, 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 conveyancers 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 accustomed to new build conveyancing in Dolgellau or who has acted in the same development.
How simple is it to swap conveyancer as I have to appoint a firm on the Godiva Mortgages Ltd conveyancing list. I hired a high street conveyancing solicitor in Dolgellau round the corner but she is not approved by Godiva Mortgages Ltd
It would be our pleasure to help you find a conveyancing solicitor in Dolgellau on the Godiva Mortgages Ltd panel. Please note that the law firms that we list do not pay us a referral fee if you instruct them and are under regulation of the SRA who regulate all conveyancing solicitors in Dolgellau. In utilising the find a conveyancing solicitor tool on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Dolgellau.
What do I do if I am dissatisfied with the conveyancer who carried out my conveyancing in Dolgellau?
We live in an imperfect world, and unfortunately occasionally matters do not go as planned. Nevertheless there is recourse if you were not happy with your conveyancing in Dolgellau. This varies from trying to resolve matters directly with them, through to reporting a conveyancing practitioner to their regulator. If you remain dissatisfied you may consider getting in touch with the Legal Ombudsman.