Unfortunately I am unable to travel far from Sandown. Is there a reason why all Sandown property lawyers are not on all bank panels?
As inequitable as it may seem for mortgage companies to limit who can represent them, from the public’s or solicitor’s perspective, the flip side is that mortgage companies are increasingly anxious and consider it vital to defend themselves against mortgage fraud. As a consequence of this concern banks are limiting their panel of approved conveyancing lawyers to a size that they are happy to control.
Me and my partner are due to complete on the purchase of a property in Sandown but as a result of damage from some water damage at the property I have was able negotiate compensation from the seller in the sum of three thousand pounds taking the form of a reduction in the price. I had intended this to be addressed as part of amending the contract but HSBC will not agree to this. Why were they informed?
Any conveyancing practitioner being on the HSBC conveyancing panel is obliged to disclose to HSBC of any variations to the purchase price. If you prohibit your property lawyer to disclose the reduction to HSBC then they would have to discontinue acting for you. In addition, HSBC and you would have to appoint a new lawyer for your conveyancing in Sandown.
Are all Sandown Conveyancing Quality Solicitors on the Skipton conveyancing list of approved solicitors?
A selection of lenders now use CQS as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of firms.
I have paid off my mortgage with RBS. I assume I don't need a Sandown lawyer on the RBS panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your RBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the RBS mortgage from the register. RBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where RBS has sent the Land Registry the discharge electronically, and
- RBS has instructed the Land Registry to do so
About to purchase house in Sandown. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Leeds Building Society conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Sandown conveyancing practitioner is on the Leeds Building Society conveyancing panel.
I decided to have a survey completed on a house in Sandown in advance of instructing solicitors. I have been told that there is a flying freehold overhang to the property. Our surveyor advised that some mortgage companies tend not issue a loan on this type of premises.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Birmingham Midshires. Should you wish to call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Sandown. Conveyancing may be slightly more expensive based on your lender's requirements.
How difficult is it to swap solicitor as I need to retain one who is on the Barnsley Building Society conveyancing list. I was using a family conveyancing solicitor in Sandown five minutes from me but she is not approved by Barnsley Building Society
We will our best to assist in finding you a conveyancing solicitor in Sandown on the Barnsley Building Society panel. Please note that the solicitors that we list do not pay us commission if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Sandown. Using search facility on this website, you can scrutinise fees for conveyancing solicitors in Sandown and throughout England and Wales.
Me and mywife and I are in the market for an affordable conveyancing solicitor in Sandown to help me sell my place. I want to avoid being ripped off and there are lots of Sandown conveyancing firms out there...who do I opt for?
Where you’ve never used a conveyancer previously, a trustworthy recommendation from relatives or friends is a great place to start and is often a good barometer of quality. As an alternative option, take a look at the client references presented on your solicitor’s website or use our search tool to choose a conveyancing solicitor in Sandown.