It has come to my attention via my mortgage broker that my Saltash the law firm I have appointed is not on the mortgage company Conveyancing panel. How can I check?
Your first step should be to contact your Saltash lawyer directly. You lawyer should advise you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your lender.
At what point can the exchange of contracts take place for domestic conveyancing in Saltash and do I need to be at the conveyancers office?
Where you are near to our conveyancing solicitors in Saltash you are welcome to come in to sign the paperwork. However, the lender approved solicitors we work with provide a countrywide conveyancing service and provide just as comprehensive and professional a job for you when communicating with you digitally. The executing of the contract is not the point of no return. Signing on the dotted line is necessary for the conveyancer to exchange contracts when the time is right, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Saltash)to be in the office at the appropriate time.
We're in Saltash, FTBs buying with a mortgage (lender is Clydesdale , and our lawyer is on the Clydesdale conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Clydesdale conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Does a directory service exist listing RBS panel conveyancers in Saltash on the Building Society Association’s Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association websites. Very few lending institutions make their panel listings open the public online. Where you are looking for a Saltash lawyer on the RBS please use our facility.
Is it the case that all Saltash solicitor practices on the TSB conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the TSB approved list of solicitors they would need to be governed by the SRA. Many banks do permit licenced conveyancers on their panel and in such a situation the firms would be governed by the Council of Licensed Conveyancers.
I can not work out if my lender requires a lease extension. I have telephoned my Saltash bank branch on numerous occasions and was told they are content with the situation and they would lend. My Saltash conveyancing solicitor - who is on the lender conveyancing panel- telephoned to say that they would not lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
Your property lawyer must comply with the Council of Mortgage Lenders’ Handbook Part 2 specifications for your lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
I am looking into buying my first house which is in Saltash and I am already nervous. I couldn't find anything specific about Saltash. Conveyancing will be needed in due course but do you know about the Saltash area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Saltash. In the meantime here are some basic statistics that we found
My step-father has urged me to use his lawyers for conveyancing in Saltash. Should I use them?
No doubt the best way to find a conveyancing practitioner is to seek recommendations from friends or family who have previously instructed the solicitor that you are are thinking of instructing.