My mortgage broker has asked me for my Dorchester law firm’s panel reference for the Nat West conveyancing panel. How do I find this out. I have tried my local Dorchester branch but they cant find it on their system.
The sensible thing to do is ask for this information from your Dorchester solicitor . Most Dorchester law practices will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
We wanted to use a conveyancing solicitor in Dorchester for our home move. Our financial adviser has since advised us that our mortgage company TSB won't deal with them. Surely this is unfair competition?
Lenders in the main restrict either the type or the volume of conveyancing firms on their panel. Typical examples of such criteria being that a firm must not be a sole practitioner. In addition to restricting the type of firm, a few lenders have limited the number of firms they use to represent them. Be aware that TSB have no responsibility for the quality of advice provided by any member of TSB Conveyancer Panel. Mortgage fraud was a primary driver in the rationalisation of conveyancing panels since 2008 even though there are mixed views regarding the level of solicitor engagement in some of that fraud. Statistics from the Land Registry indicate that thousands of law firms, including some in or near Dorchester only carry out a couple conveyances per annum.
The deeds to my property are lost. The solicitors who dealt with the conveyancing in Dorchester 5 years ago no longer exist. What are my next steps?
Assuming you have a registered title the information relating to your ownership will be retained by the Land Registry under a Title Number. It is easy to perform a search at the Land Registry, find your property and get current copies of the property title for less than a fiver. If the title is Leasehold then the Land Registry will usually retain a file copy of the Registered Lease and again, a copy can be ordered for £20 inclusive of VAT.
I opted to have a survey done on a house in Dorchester in advance of retaining conveyancers. I have been told that there is a flying freehold overhang to the property. Our surveyor has said that some mortgage companies may refuse to give a loan on this type of premises.
It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. If you e-mail us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Dorchester. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm refinancing my existing home to a BTL mortgage with Aldermore and intend to use the remaining equity towards another property. The neighborhood we are interested in is Dorchester. Will your conveyancers be able to act for both sets of lenders and tie in the two deals?
Make use of our search tool on this page to check that the solicitors are approved by both mortgage companies. Having checked that they are the solicitor will be able to connect the two deals but you should have a chat with you solicitor and make apparent your desired outcome and needs.
I am using a search engine for the term cheap conveyancing in Dorchester it reveals many conveyancersin the area. With so much choice what is the best way to find the right conveyancing solicitor for me?
The best way of finding the right conveyancer is through a personal referral, so seek the opinion of colleagues and family who have acquired a property in Dorchester or the local estate agent or financial adviser. Costs for conveyancing in Dorchester vary, so it's a good idea to request a minimum of three quotes from different conveyancers. Dont forget to clarify that the charges are guaranteed not to rise.