We are planning to acquire a 2 bedroom flat in Gosforth with a mortgage. We wish to retain our Gosforth conveyancer, but the bank says he's not on their "panel". We have to appoint one of the bank panel conveyancing practices or continue with our Gosforth property lawyer as well as pay for one of their panel ones to represent them. This seems very unfair; is there anything we can do?
Unfortunately,no. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Gosforth conveyancing lawyer to apply to be on the conveyancing panel.
I am buying a house and require a conveyancing solicitor in Gosforth who is on the Aldermore solicitor. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Aldermore in certain locations such as Gosforth. We dont recommend any particular firm.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Gosforth?
There are many recorded licenced Conveyancers in Gosforth and Solicitor partnerships in Gosforth to choose from We would stress that both are regulated professionals specialising in the legal work in transferring property. The two can handle other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
Are all Gosforth Conveyancing Quality Solicitors on the Nottingham conveyancing panel?
It is true that some banks and building societies now make use of the accreditation scheme as the kick off point for Panel approval such as HSBC and Santander. CQS accreditation however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of firms.
We had appointed conveyancers with offices in Gosforth on the Santander solicitor panel. They are now charging me a further fee for dealing with the Santander mortgage. Is this an additional conveyancing fee specified by Santander?
As unfair as it may seem, as long as it’s in their Terms of Engagement or estimate then yes your conveyancing practitioner is entitled to levy a fee for this. The fee is not set by Santander but by your Gosforth property lawyer. Some firms on the Santander panel will charge an ‘acting for lender’ fee but many firms incorporate it on their overall fee.
How do I identify a Gosforth law firm on the Birmingham Midshires conveyancing panel? I have a car and am happy to travel upto 20kilometers to meet the lawyer.
Feel free to make use of the facility on this page. Please pick a mortgage company and your location and you will see a number of Gosforth conveyancing lawyers locally. We have listed some Gosforth conveyancing firms at the bottom of this page and you can telephone them to check whether they are on the Birmingham Midshires member panel
My cousin has recommend that I use his lawyers for conveyancing in Gosforth. Do I follow his guidance?
Much as we are happy to recommend a Gosforth conveyancing lawyer it’s preferable to find a conveyancing solicitor is to get recommendations from friends or family who have actually previously instructed the firm that you are considering.
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the lender conveyancing panel. My lawyer has said that they are on the mortgage company approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the lender conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the mortgage company solicitor panel.