I plan on buying residence in Waltham. My lawyer is not on the mortgage company approved list. Am I still permitted to appoint my Waltham conveyancing solicitor even though they are not on the mortgage company panel of approved conveyancing solicitors?
You will need to instruct a property lawyer to complete the formalities if you require a loan to buy your property. They will carry out all the appropriate due diligence on the property, ensuring that you’re properly registered as the owner and ensure that all the required mortgage paperwork is in place. You may appoint a Waltham conveyancer of your choice. Nevertheless, where the conveyancing practitioner appointed is not on the bank conveyancing panel further fees will be levied as separate legal representation will be need by the mortgage company. Bank panel applications may be submitted, so provided your solicitor has not in the past sought membership they should take the opportunity to apply.
We wanted to use a conveyancing solicitor in Waltham for our house purchase. Our broker informed us that our mortgage lenders Santander won't deal with them. Why is this not regarded as unfair competition?
A mortgage company may require an approved solicitor act for it. Borrowers are expected to meet the cost of this. Please make use of our search facility to get a quote from a solicitor to carry conveyancing in Waltham on the Santander conveyancing panel.
The formalities of my purchase has taken place for my property in Waltham. Conveyancing was of an acceptable standard but I would like to complain about the lender. How does one go about formally complaining?
Almost all lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
I recently had an offer accepted on an apartment in Waltham. My mortgage broker recommended their conveyancers. I paid an on account payment of £175. Soon after, the solicitor called me sheepishly admitting that they were not on the Co-operative conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Co-operative panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Intending to buy a apartment in Waltham. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Lloyds 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 Waltham conveyancer is on the Lloyds conveyancing panel.
Is it possible to change conveyancer as I need to select a firm on the Skipton Building Society conveyancing panel. I was using a family conveyancing solicitor in Waltham round the corner but he is not approved by Skipton Building Society
We will our best to assist in finding you a conveyancing solicitor in Waltham on the Skipton Building Society panel. Please note that the solicitors that we on the directory do not pay us commission if you instruct them and are fully regulated by the SRA who oversee all conveyancing solicitors in Waltham. In making use of the find a conveyancing solicitor tool on this site, you can contrast costs for conveyancing solicitors in Waltham and throughout England and Wales.
My husband and I are first time buyers - agreed a price, yet the selling agent told us that the owners will only proceed if we use their chosen conveyancers as they want a ‘quick sale’. We would rather use a family conveyancer with experience of conveyancing in Waltham
We suspect that the owner is not behind this demand. Should the owner require ‘a quick sale', taking such a hostile approach to a serious purchaser is counter productive. Speak to the owners direct and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you are going to use your preferred Waltham conveyancing lawyers - rather thanthe ones that will provide their estate agent a commission or achieve conveyancing figures demanded by senior management.
I need to swap lawyers as my Waltham lawyer is not on the mortgage company's panel of conveyancing solicitors. How simple is it to change conveyancer?
If you haven't yet instructed a conveyancer to commence the conveyancing and at this stage simply received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Waltham that you're thinking of instructing.