I plan on buying a maisonette in Dorchester. My lawyer has never been on on the bank conveyancing panel. Can I still continue with my Dorchester conveyancing solicitor even though they are excluded from the lender list of approved lawyers?
You have numerous choices available to you here
- Proceed with your chosen Dorchester lawyer but your mortgage company will no doubt retain a property lawyer from their approved list. This will result in additional cost and probable delay.
- Appoint a new lawyer to act in the purchase, ensuring that they are on the bank conveyancing panel.
- Appeal to your conveyancer to apply to join the bank panel
My wife and I are purchasing a brand new flat in Dorchester and my conveyancer is informing me that she is duty bound to the bank to disclose incentives from the builder. I am on a tight deadline to sign contracts and I don't want to prolong the conveyancing. Is my lawyer right?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Can I use your services to locate a Conveyancing solicitor in Dorchester even if I’m not buying or selling a house, for example where I intend to buy an office in Dorchester with a mortgage from Norwich and Peterborough Building Society?
Our search tool is predominantly utilised to help choose domestic conveyancing solicitors in Dorchester but we have listed at the end of this page a few Dorchester commercial conveyancing firms. You should speak with the solicitors directly to establish if they can also act for Norwich and Peterborough Building Society
Due to the guidance of my in-laws I had a survey completed on a house in Dorchester in advance of instructing solicitors. I have been informed that there is a flying freehold aspect to the property. Our surveyor advised that some banks may not grant a mortgage on such a premises.
It varies from the lender to lender. Lloyds has different requirements from Birmingham Midshires. If you call us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Dorchester. Conveyancing may be slightly more expensive based on your lender's requirements.
In sourcing the web for the words conveyancing in Dorchester it reveals many solicitorslocally. How do I determine which is the right conveyancer for purchase transaction?
The ideal way of finding a suitable conveyancer is through a trusted testimonial, so ask friends and relatives who have purchased a property in Dorchester or a reputable estate agent or financial adviser. Fees for conveyancing in Dorchester differ, so it's advisable to request at least three fee calculations from different law firms. Make sure that you clarify what costs in the quote includes.
To what extent are Dorchester conveyancing solicitors duty bound by the Law Society to issue transparent conveyancing figures?
Inbuilt into the Solicitors Code of Conduct are set rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their charges to clients.The Law Society have a practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not intended as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, however, represent the Law Society’s perspective of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Dorchester or beyond.