Me and my fiance are purchasing a 2 bedroom flat in Silverdale with a mortgage. We would like to retain our Silverdale lawyer, but the lender advise she’s not on their "panel". We have to appoint one of the lender panel firms or retain our Silverdale property lawyer as well as pay for one of their panel firms to represent them. We consider that this is inequitable; are we not able to require that the lender use our Silverdale solicitor ?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’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 Silverdale conveyancing solicitor to apply to be on the conveyancing panel.
I have given 2 months notice to my current landlord and have to vacate my rented flat in Silverdale by the end of next month. Conveyancing on my purchase has just started. Can I complete in 4 weeks as I wish to avoid having to move into short term accommodation?
It is unwise to provide notice for your lease until you have exchanged. If you have not already done so, contact to your conveyancer and request that they cajole the other lawyers, try to get a realistic time scale from them that all parties will look towards
Are the BSA intent on creating a search tool with a view to list firms on the Coventry BS conveyancing panel for example in Silverdale?
We are not aware of any plans on the part of the BSA to develop such a register.
I have todayfound out that Stirling Law have been shut down. They carried out my conveyancing in Silverdale for a purchase of a freehold house 18 months ago. How can I check that my home is in my name in the name of the previous owner?
The quickest way to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Silverdale conveyancing specialists.
In searching the internet for the term on line conveyancing in Silverdale it shows results of many solicitorslocally. With so much choice what is the best way to find the right property lawyer for purchase transaction?
The preferential way of seeking the right conveyancer is through a personal recommendation, so ask colleagues and relatives who have bought a property in Silverdale or a respected estate agent or financial adviser. Costs for conveyancing in Silverdale differ, so it's advisable to secure at least four estimates from varying types of solicitors. Dont forget to clarify what costs in the quote includes.
Our sealed bid on property in Silverdale has been agreed to, but there is a chain. The vendors have submitted an offer on on an apartment, however it’s not yet tied up, and has viewings of other properties booked. I have selected a nearby conveyancing solicitor in Silverdale. What should be my next step? When do I get the mortgage application with Co-operative started with Co-operative?
It is understandable to have apprehensions where there is an associated chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx one thousand pounds, then valuation, Silverdale conveyancing search costs, etc). First, you should ensure that your conveyancer is on the Co-operative approved list. Regarding the next phase this very much dictated by the circumstances of your transaction, desire for this property and on the state of the market. In a rising market some home buyers will apply for the mortgage with Co-operative and arrange for the survey and only if it was satisfactory would they ask their solicitor to proceed with the conveyancing in Silverdale.