I am getting a offer of a home loan from Nat West. I hope to employ the services of a Licensed Conveyancer in Timsbury. Does the Nat West Conveyancing panel allow for conveyancers regulated by the CLC?
The Nat West conveyancing panel is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
The sellers of the property we are purchasing are using a conveyancing solicitor in Timsbury who has recommended a exclusivity agreement with a non-refundable deposit of 5k. Is it wise to enter into such agreements?
This form of agreement isn't frequently used in Timsbury, conveyancers are not keen on them as they detract from focusing on the primary objective, namely conveyancing and if you end up having your deposit forfeited then the lawyer at best left with an upset client and at worst a litigious one. Furthermore, there is no guarantee that just because the seller has executed an exclusivity agreement they will sell to you. They may be in contravention of the contract if they are offered a large enough offer to do so because an aggrieved party with the benefit of a exclusivitycontract will still have to show losses as a consequence of the breach and these may not compare to the financial upside that the owner may obtain by breaching the agreement, however morally shameful it undoubtedly is.
We are planning to buy with Darlington Building Society. We have called around locally yet cant to find a Timsbury conveyancing firm on the Darlington Building Society approved list. Please you assist?
Please do take advantage of the search tool on this page. Pick the mortgage company and type Timsbury or your location and you will be presented with a number of lawyer offices in Timsbury or nearest you.
The deeds to our home can not be found. The solicitors who handled the conveyancing in Timsbury 4 years ago are no longer around. What are my options?
You no longer need to hold title original deeds to prove you are the registered proprietor of land or property, given that the Land Registry hold details of all registered land or property electronically.
My husband and I are new to the buying process - agreed a price, yet the agent informed us that the owners will only proceed if we appoint the agent's preferred conveyancers as they need a ‘quick sale’. Our preferred option is to instruct a high street solicitor accustomed to conveyancing in Timsbury
It is improbable the vendors are driving this. Should the owner want ‘a quick sale', turning down a genuine purchaser is likely to cause more damage than good. Bypass the agents and go straight to the sellers and explain that (a)you are motivated purchasers (b)you are ready to progress, with finances arranged © you are chain free (d) you wish to move quickly (e)but you are going to appoint your preferred Timsbury conveyancing solicitors - not the ones that will give the negotiator at the agency a referral fee or hit his conveyancing thresholds set by HQ.
My husband and I are hoping to buy a three bedroom housein Timsbury with a home loan from a lender. We have selected a solicitor in Timsbury but our lender advise he's not on their "panel". It seems we have little choice but to instruct one of the our bank panel solicitors or stay with our Timsbury conveyancer and pay for one of their panel ones to represent them. This seems very unfair; is there anything we can do?
No, not really. The bank mortgage issued is subject to its terms and conditions, one of which will be that solicitors will on the bank's conveyancing panel. in the past, most banks had open panels, including most conveyancing solicitors in Timsbury : a mortgagee 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. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for your bank.