Are the Thornbury conveyancing solicitors identified as being on the Coventry BS conveyancing panel, together with their details provided by Coventry BS?
Thornbury conveyancing firms themselves provide us confirmation that they are on the Coventry BS conveyancing panel as opposed to being supplied with a list from Coventry BS directly.
we are a couple who are hoping to buy a purpose built flat in Thornbury with a homeloan from Aldermore.We like our Thornbury conveyancing practitioner but Aldermore advised that she’s not listed on their "panel". we are left little option but to use a Aldermore panel firm or keep our local solicitor and pay for one of their panel ones to act for them. We feel as though this is unjust; is there anything we can do?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that conveyancers needs to be on the Aldermore solicitor panel. in the past, most banks had large numbers of law firms on their panels: a borrower could find 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 lawyer to apply to be on the conveyancing panel for Aldermore
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Thornbury?
Two types of professional can conduct conveyancing in Thornbury namely CLC regulated conveyancers or solicitors. The two can provide the legal services that you need to complete the disposal or acquisition of property. Both are required to execute Thornbury conveyancing to the same quality and guidelines so you can be safe in the knowledge that your conveyancing will be professionally administered and that all requisite steps will be accurately followed.
About to purchase maisonette in Thornbury. 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 TSB 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 Thornbury conveyancer is on the TSB conveyancing panel.
My sealed bid on a detached house in Thornbury has been accepted, but there is a chain. The sellers have placed an offer on a flat, but it’s not yet agreed to, and are looking at other flats booked. I have selected a bricks and mortar conveyancing solicitor in Thornbury. What do I do now? At what point do I apply for the mortgage with UBS?
It is usual 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 approx £1k, then survey, Thornbury conveyancing search charges, etc). The first thing to do is ensure that your property lawyer is on the UBS approved list. As to the subsequent steps this very much dictated by the uniqueness of your transaction, attraction to the property and on the state of the market. In a rising market many home buyers would apply for the mortgage with UBS and pay for the valuation and only if it was satisfactory would they ask their property lawyer to press on with the conveyancing in Thornbury.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a quick, no chain conveyancing. Thornbury is where the house is located. What do you suggest?
Flying freeholds in Thornbury are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Thornbury you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Thornbury may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I'm refinancing my primary home to a BTL loan with The Royal Bank of Scotland and I will use the rest of the raised equity towards another property. The location we are looking at is Thornbury. Will your lawyers be able to act for both sets of banks and link together the conveyances?
Do use our comparison tool on this page to check that the conveyancers are on the relevant lender panels. On the basis that they are your conveyancer should be able to simultaneously deal with the two conveyancing matters but you should talk with you conveyancer and specify your desired outcome and needs.
Is it best to go with a Thornbury conveyancing practitioner in close proximity to the house I am buying? I have an old university friend who can execute the legal formalities but they are based 200kilometers away.
The primary upside of using a high street Thornbury conveyancing practice is that you can drop in to execute documents, hand in your identification documents and apply pressure on them where appropriate. Having local Thornbury know how is a bonus. That being said it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and they were impressed that should trump using an unfamiliar Thornbury conveyancing solicitor solely due to them being based in the area.