Me and my partner are purchasing a 3 bedroom apartment in Raynes Park with a mortgage. We would like to retain our Raynes Park conveyancer, but the mortgage company advise he's not on their "panel". We have to appoint one of the bank panel conveyancing practices or continue with our Raynes Park solicitor and pay for one of their panel ones to represent them. This feels very unfair; are we not able to insist that the lender use our Raynes Park conveyancer ?
Unfortunately,no. The mortgage offered to you 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 Raynes Park conveyancing lawyer to apply to be on the conveyancing panel.
My partner and I are getting closer to an exchange on a property in Raynes Park and my mum and dad have transferred the exchange deposit to my conveyancer. I am now informed that as the deposit has been sent from someone other than me my solicitor needs to make a notification to my mortgage company. I am advised that, in also acting for the lender he must advise them that the balance of the purchase price is coming from anyone other than me. I informed the lender regarding my parents' contribution when I applied for the mortgage, so is it really necessary for this now to hold matters up?
The conveyancer is duty bound to check with the bank to make sure that they are aware that the balance of the purchase price is not from your own resources. The solicitor can only report this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
We are looking to buy a flat and require a conveyancing solicitor in Raynes Park who is on the Aldermore approved panel. Can you recommend a local conveyancing 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 Aldermore . We don't recommend any particular firms conducting conveyancing in Raynes Park.
How easy is it to swap firm as I have to choose a firm on the Lloyds TSB Bank conveyancing panel. I had appointed a family conveyancing solicitor in Raynes Park round the corner but he is not approved by Lloyds TSB Bank
It would be our pleasure to help you find a conveyancing solicitor in Raynes Park on the Lloyds TSB Bank panel. Please note that the solicitors that we list do not pay us fee if you instruct them and are registered with the Solicitors Regulation Authority who regulate all conveyancing solicitors in Raynes Park. Using the find a conveyancing solicitor tool on this page, you can contrast charges for conveyancing solicitors in Raynes Park and beyond.
I am using a search engine for the words conveyancing in Raynes Park it shows results of numerous conveyancersin the area. With so much choice what is the best way to find the suitable conveyancing solicitor for the sale of my house?
The ideal method of choosing the right conveyancer is via trusted testimonial, so enquire of colleagues and family who have purchased a property in Raynes Park or the reputable estate agent or mortgage broker. Costs for conveyancing in Raynes Park differ, so it's sensible to obtain at least four quotes from different solicitors. Dont forget to clarify that the charges are assured not to rise.
How easy is it to change a solicitor as I need to find a Raynes Park based one who is on the lender conveyancing panel. How simple is it to change conveyancer?
In the event that you have not formally appointed a solicitor to do anything for you and at this stage simply received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Raynes Park that you're thinking of instructing.