Much to our surprise we have been notified by our mortgage adviser that my Hayes solicitor is not on the bank Conveyancing panel. What can I do to be certain if this is indeed the case?
Your first step should be to contact your Hayes lawyer directly. You lawyer should advise you of the situation. Where they are not on the panel they may be able to suggest a Hayes conveyancing practice that is on the approved list of lawyers for your lender.
We see that you have a search directory identifying firms on the UBS conveyancing panel. Do firms pay you a commission if I instruct them for our own conveyancing in Hayes?
We are a listing service only for law firms wishing to communicate if they are on the UBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Hayes.
When it comes to lenders such as HSBC, do Hayes lawyers have to pay a fee to be on the list of approved solicitors?
We are unaware of any lender fees to be on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
Can I be sure that the Hayes conveyancing solicitor on the Aldermore panel is any good?
When it comes to conveyancing in Hayes obtaining recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the lawyer carrying out your transaction.
We have a mortgage agreed in principle with Leeds Building Society. Hayes conveyancing practitioners have been appointed. What is the average time that one could expect to receive a mortgage offer from Leeds Building Society?
Some lenders take longer than others. Have Leeds Building Society done the valuation? Have you informed Leeds Building Society as to your lawyers' details and checked that your lawyers are on the Leeds Building Society conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Is it necessary to pay for insurance to address the risk of chancel repairs when purchasing a property in Hayes?
Unless a prior purchase of the property completed post 12 October 2013 you could take it that solicitors delivering conveyancing in Hayes to remain recommending a chancel search and or chancel repair liability insurance.
I need to instruct a conveyancing solicitor for freehold conveyancing in Hayes. I've discover a site which looks to be the perfect offering If there is a chance to get all this stuff completed via email that would be preferable. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
We are soon to exchange on the purchase a property in Hayes but as a result of damage from the recent storms I have agreed compensation from the owner of five thousand pounds taking the form of a deduction in the price. I had intended this to be addressed as part of the conveyancing process but the lender will not agree to this. Why were they notified?
Your conveyancer that is on the bank approved list is required to disclose to the lender of any variations to the sale amount. If you did not allow your property lawyer to report the price change to your bank then they would have to discontinue acting for you and the lender.