My partner and I are intent on acquiring residence in Dorchester. My Solicitor is not listed on the mortgage company approved list. Is it possible for me to appoint my Dorchester conveyancing solicitor notwithstanding that they are excluded from the lender panel of approved conveyancing solicitors?
You have a number of options open to you here
- Proceed with your preferred Dorchester property lawyer but your bank will need to use a conveyancer on their conveyancing panel. The net result is additional cost together with probable interruption.
- Choose a new property lawyer to act in the purchase, making sure they are on the lender conveyancing panel.
- Appeal to your lawyer to apply to join the lender panel
We are planning to acquire a house and need a conveyancing solicitor in Dorchester who is on the Bank of Ireland approved panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Bank of Ireland . We don't recommend any particular firms conducting conveyancing in Dorchester.
I have a mortgage with RBS for my property in Dorchester. Conveyancing has been completed a year ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform RBS?
You must advise RBS prior to letting out your property as this is likely to be a breach of RBS’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact RBS directly. You need not do this via a RBS conveyancing panel firm.
I was told three weeks ago that my mortgage has been agreed to by Leeds Building Society. Is it usual for Leeds Building Society to only issue the offer once my solicitor in Dorchester is approved on their conveyancing panel? Leeds Building Society have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Leeds Building Society to deal with your lawyer's application to be on the Leeds Building Society conveyancing panel. There's no guarantee that your solicitor will be accepted.
HSBC have agreed my mortgage in principle, my bid on a apartment in Dorchester has been agreed to, what happens next?
Your estate agent will wish to be informed of your solicitor's details (ensure that the property lawyers are on the lender’s approved list). Call up HSBC or the financial adviser and finish off any appropriate paperwork. HSBC will instruct a valuer who will get in contact with the estate agent or owners to schedule an appointment. Once conducted (assuming no problems) it takes on average a week to receive the mortgage offer. HSBC will issue the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Dorchester.
I used Arc property Solicitors a few years past for my conveyancing in Dorchester. Now, I need the documents but cannot find the solicitor. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Dorchester of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in two weeks back in what was supposed to be a quick, no chain conveyancing. Dorchester is where the house is located. Can you offer any assistance?
Flying freeholds in Dorchester are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Dorchester you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Dorchester may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
My business partner and I are hoping to lease a unit on the high street. Can you recommend conveyancers offering no-sale-no costs for commercial conveyancing in Dorchester for below £2000?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Dorchester, including the sale and acquisition of businesses as well as simply property. Whether you are looking to purchase or sell a shop, pub, restaurant, office, retail premises or a whole business we will find you the right solicitor. Regarding the costs these will vary based on the structure and nuances of the deal. Let us have your details or email us so that we can supply you with comprehensive commercial conveyancing calculation.