We are buying a 2 bedroom apartment in Sydenham Hill with a mortgage. We have a Sydenham Hill solicitor, however the lender advise he's not on their "panel". We have to appoint one of the bank panel firms or continue with our Sydenham Hill property lawyer as well as pay for one of their panel lawyers to represent them. We feel that this is inequitable; are we not able to require that the mortgage company use our Sydenham Hill conveyancing practitioner ?
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 Sydenham Hill conveyancing lawyer to apply to be on the conveyancing panel.
Can the conveyancing lawyers Indexed on your site execute auction conveyancing in Sydenham Hill?
We know of a few niche solicitors we can connect you with those who can conduct auction conveyancing. Sydenham Hill is one of our areas of in which our lawyers have a presence.
It is 10 years ago since I bought my property in Sydenham Hill. Conveyancing solicitors have now been appointed on the sale but I can't track down the deeds. Is this a major issue?
You need not be too concerned. Firstly there is a chance that the deeds will be with your lender or they could be in the possession of the lawyers who oversaw the purchase. Secondly the likelihood is that the land will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers procuring up to date copy of the land registers. Most conveyancing in Sydenham Hill involves registered property but in the unlikely event that your property is unregistered it adds to the complexity but is resolvable.
We hope to to buy with Darlington Building Society. We have called around locally but cant to find a Sydenham Hill conveyancing firm on the Darlington Building Society approved list. Could you assist?
You should make use of the find a conveyancing panel solicitor tool on this web page. Pick the mortgage company and type Sydenham Hill or your location and you will see numerous conveyancers offices in Sydenham Hill or nearest you.
Two weeks ago we had a mortgage agreed in principle with Barclays. Sydenham Hill conveyancing solicitors have been instructed. What is the average time that one could expect to receive a mortgage offer from Barclays?
Some lenders take longer than others. Have Barclays conducted the survey? Have you advised Barclays as to your lawyers' details and checked that your lawyers are on the Barclays conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I am expecting a DIP from Nottingham this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Nottingham recommend any Sydenham Hill solicitors on the Nottingham conveyancing panel, or is it better to go independently?
You will need to appoint Sydenham Hill solicitors independently although you'll need to choose one on the Nottingham conveyancing panel. The solicitor represents both you and Nottingham through the process.
I was told two weeks ago that my mortgage has been agreed to by Virgin Money. Is it usual for Virgin Money to only issue the offer once my solicitor in Sydenham Hill is approved on their conveyancing panel? Virgin Money have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Virgin Money to deal with your lawyer's application to be on the Virgin Money conveyancing panel. There's no guarantee that your solicitor will be accepted.
Given that I will soon spend over three hundred thousand on 3 bedroom house in Sydenham Hill I would like to talk to a conveyancer about myhouse move ahead of instructing the firm. Can this be arranged?
This is something that we recommend - we would be pleased to talk to you we do not take any clients on without you liaising with the conveyancer who will be conducting your property ownership legalities in Sydenham Hill.There is no ‘factory style conveyancing’ - each client is unique person, not a case reference. The practices that we put you in touch with believe that the figure you are provided with for your conveyancing in Sydenham Hill should be the amount on the final invoice that you end up paying.