We are buying a property and need a conveyancing solicitor in Ely who is on the Coventry BS conveyancing 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 Coventry BS . We don't recommend any particular firms conducting conveyancing in Ely.
I had intended to instruct a conveyancing solicitor in Ely for our house purchase. Our financial adviser has since notified us that our bank Coventry Building Society won't deal with them. Surely this is unduly restrictive?
A bank can require a panel conveyancer act for it. You would be expected to meet the cost of this. Do use our tool to select a solicitor to conduct conveyancing in Ely on the Coventry Building Society conveyancing panel.
When it comes to mortgage companies such as Coventry BS, do Ely solicitors face a fee to be on the conveyancing panel?
We are unaware of any mortgage company fees to be on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
I am expecting a DIP from Clydesdale this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Clydesdale recommend any Ely solicitors on the Clydesdale conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Ely solicitors independently although you'll need to choose one on the Clydesdale conveyancing panel. The solicitor represents both you and Clydesdale through the process.
I have a mortgage with Aldermore for my property in Ely. Conveyancing was finalised months 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 BTL mortgage or inform Aldermore?
You must advise Aldermore in advance of renting your property as this is likely to be a breach of Aldermore’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 Aldermore directly. You need not do this via a Aldermore conveyancing panel firm.
Do I need to pay for insurance to cover chancel repairs when purchasing a house in Ely?
Unless a previous acquisition of the house took place post 12 October 2013 you may take it that lawyers carrying out conveyancing in Ely to remain encouraging a chancel search and or chancel repair liability policy.
We're first time buyers - had an offer accepted, yet the agent informed us that the seller will only move forward if we appoint the agent's chosen solicitors as they are insisting on a ‘quick sale’. My instinct tells me that we should use a high street conveyancer used to conveyancing in Ely
We suspect that the owner is not behind this demand. If they want ‘a quick sale', alienating a motivated purchaser is going to damage their objectives. Bypass the agents and go straight to the sellers and make the point that (a)you are genuine purchasers (b)you are excited to move forward, with finances in place © you are unencumbered (d) you intend to proceed fast (e)but you are going to appoint your preferred Ely conveyancing lawyers - rather thanthose that will earn the negotiator at the agency a introducer fee or meet his conveyancing thresholds demanded by senior management.
Is there an average conveyancing fee for conveyancing in Ely?
The average cost in 2014 for conveyancing in Ely was just over one thousand four hundred and fifty pounds not including Land Tax and HMLR charges.