My wife and I are planning to purchase a home in Robin Hoods Bay and have instructed a Robin Hoods Bay conveyancing firm. Within the last couple of days our lawyer has forwarded the sale agreement to be signed with a detailed report with a view to exchanging next week. Skipton Building Society have this evening contacted us to inform me that there is now an issue as our Robin Hoods Bay lawyer is not on their conveyancing panel. Is this a problem?
If you are buying a property needing a mortgage it is conventional for the purchasers' solicitors to also act for the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your property lawyer should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You are not legally obliged to appoint a law firm on the bank's conveyancing panel as you are at liberty to use your preferred Robin Hoods Bay lawyers, in which case it will likely add costs, and it will likely delay the transaction as you are adding another lawyer into the mix.
Please could you vouch for a Birmingham Midshires accepted Robin Hoods Bay conveyancing firm who can have us moved in within a very limited time frame? Would it be better to use a local Robin Hoods Bay conveyancer or a web based conveyancer?
We would be happy to suggest some excellent Robin Hoods Bay conveyancing firms. Another option is to visit the main road in Robin Hoods Bay. Visit two or three law practices and ask to see a conveyancing solicitor for a costs illustration. Mention your requirements together with the reasons and ask for an assurance on your deadline. Appoint the lawyer that you are most comfortable with.
We note that you have a post code search directory listing firms on the Virgin Money conveyancing panel. Do companies pay you a referral fee if I appoint them for our own conveyancing in Robin Hoods Bay?
We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Robin Hoods Bay.
I am in the process of mortgaging my home in Robin Hoods Bay, does my lawyer have to be on the Co-operative Solicitor panel?
In theory, you could use a solicitor that is not on the Co-operative conveyancing panel, but Co-operative would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
We expect to receive a DIP from Lloyds this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Lloyds recommend any Robin Hoods Bay solicitors on the Lloyds conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Robin Hoods Bay solicitors independently although you'll need to choose one on the Lloyds conveyancing panel. The solicitor represents both you and Lloyds through the process.
I'm in the throws of viewing flats in Robin Hoods Bay and I am about to put in an offer. Should I already have a lawyer in place at this stage? I will be getting a home loan with TSB.
You should start obtaining conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the estate agent. Given that you are seeking a mortgage with TSB, ask your prospective lawyers if they are on the TSB conveyancing panel otherwise they can't do the mortgage legal work.
After what seems like an age I have had an offer on an apartment in Robin Hoods Bay agreed to, but there is a chain. The owners have offered on on an apartment, however it’s not yet tied up, and are looking at other apartments in the pipeline. I have selected a local conveyancing solicitor in Robin Hoods Bay. What should be my next step? When should I get the mortgage application with Leeds Building Society going?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is in the region of one thousand pounds, then valuation, Robin Hoods Bay conveyancing search fees, etc). The first course of action is to check that your property lawyer is on the Leeds Building Society conveyancing panel. As to the next phase this very much depends on the specifics of your case, motivation for this property and on the state of the market. During a rising market many buyers will apply for a home loan with Leeds Building Society and arrange for the valuation and only if it comes back ok would they request their conveyancing practitioner to move forward with the conveyancing in Robin Hoods Bay.
I am thinking of appointing a conveyancing solicitor in Robin Hoods Bay for my home move. Is it possible to check a firm’s record with the legal regulator?
Members of the public may see presented Solicitor Regulator Association (SRA) decisions arising from investigations from 2008 onwards. Go to Check a solicitor's record. To find information about the period before 1 January 2008, or to check a firm's record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The regulator could recorded telephone calls for training purposes.