My Solicitor in Lydiate is not on the TSB Conveyancing Panel. Can I still continue with my family solicitor notwithstanding that they are not on the TSB panel?
Your options are as follows:
- Carry on with your preferred Lydiate solicitors but TSB will need to use a conveyancer on their list of acceptable firms. This will inevitably rack up the total conveyancing charges as well as cause frustration.
- Find an alternative solicitor to to deal with the conveyancing, remembering to check they are on the TSB panel
Do I need to pay for insurance to address the risk of chancel repairs when acquiring a residence in Lydiate?
Unless a prior acquisition of the property took place after 12 October 2013 you may assume that conveyancing practitioners delivering conveyancing in Lydiate to continue to propose a a chancel search and or insurance against a claim.
I opted to have a survey completed on a property in Lydiate ahead of appointing lawyers. I have been told that there is a flying freehold aspect to the house. The surveyor advised that some banks may refuse to grant a mortgage on such a house.
It depends who your proposed lender is. Lloyds has different instructions from Nationwide. If you contact us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Lydiate. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Lydiate to see if the conveyancing costs will increase in light of this.
Am I right to be concerned that estate agents that I am dealing with are suggesting an online conveyancing firm as opposed to a High Street Lydiate conveyancing firm?
As with many service providers, often input from relatives can be worth their weight in gold. Nevertheless there are numerous people with a vested interest in a conveyancing transaction; estate agents, financial adviser and lenders may suggest solicitors to use. On occasion these conveyancers might be known to one of the organisations as experts in their field, but occasionally there exists a financial incentive behind the recommendation. You have the discretion to appoint your own conveyancer. You need to be aware that some banks have an approved list of conveyancers you are obliged to use for the mortgage related work in your conveyancing.
My husband and I are new to the buying process - had an offer accepted, but the agent informed us that the seller will only proceed if we appoint the agent's chosen solicitors as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a local solicitor who is familiar with conveyancing in Lydiate
We suspect that the seller is unaware of this demand. Should the seller desire ‘a quick sale', taking such a hostile approach to a motivated buyer is likely to cause more damage than good. Bypass the agents and go straight to the sellers and make sure they understand (a)you are genuine buyers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)however you are going to use your preferred Lydiate conveyancing solicitors - not the ones that will earn the negotiator at the agency a introducer fee or achieve conveyancing figures pre-set by HQ.
We are considering appointing an online conveyancing practitioner ahead of a Lydiate conveyancing practice. Should I ‘stay local’?
Numerous benefits exist in being able to pop in to a local Lydiate conveyancing solicitor for instance
- signing documents and and when necessary
- getting face-to-face explanations of matters you don't understand
- the ability to raise concerns if matters go pear-shaped
When comparing estimates, look out for hidden extras. The majority decent Lydiate high street solicitors give an all-inclusive price. Many online companies seem to offer low cost fees, but have hidden 'extras' in the in the terms and conditions.