Me and my fiance are buying a 1 bedroom apartment in Whaley Bridge with a mortgage. We like our Whaley Bridge solicitor, however the bank advise he's not on their "panel". We have to appoint one of the mortgage company panel solicitors or continue with our Whaley Bridge conveyancer as well as pay for one of their panel lawyers to represent them. This seems very unfair; can we not demand that the lender use our Whaley Bridge conveyancer ?
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 Whaley Bridge conveyancing lawyer to apply to be on the conveyancing panel.
My Solicitor in Whaley Bridge has never been on on the Chelsea Building Society Solicitor Panel. Can I still use my family solicitor even though they are not on the Chelsea Building Society approved list?
Your options are as follows:
- Complete the purchase with your preferred Whaley Bridge lawyers but Chelsea Building Society will need to retain a solicitor on their list of acceptable firms. This will result in additional total conveyancing fees and result in delays.
- Choose a new practitioner to act in the conveyancing, not forgetting to check they are Convince your solicitor to use their best endeavours to join the Chelsea Building Society conveyancing panel
My wife and I are buying a house in Whaley Bridge. I might seem paranoid but how we can trust a lawyer? On the day of competition we have to deposit money into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
It is not clear whether my bank requires a lease extension. I have telephoned my Whaley Bridge bank branch on various occasions and was advised it wasn't an issue and they will lend. My Whaley Bridge conveyancing solicitor - who is on the lender conveyancing panel- called to say that they refuse to lend in accordance with their published requirements. Who do I believe?
As long as the property lawyer is on the bank panel, they must comply with the Council of Mortgage Lenders’ Handbook requirements for the bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
I've digested plenty of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Whaley Bridge solicitor - who is on the Nationwide conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Nationwide will need an independent valuation of the property. Your lawyer will not arrange this. Usually Nationwide will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Whaley Bridge surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
What does commercial conveyancing in Whaley Bridge cover?
Whaley Bridge conveyancing for business premises incorporates a broad range of guidance, provided by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
I need to instruct a conveyancing solicitor for some conveyancing in Whaley Bridge. I've chance upon a web site which looks to be the perfect offering If there is a chance to get all formalities done via web that would be preferable. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I need to find a mortgage company panel solicitor in Whaley Bridge. Could you help me?
Unfortunately it’s not apparent why you need a Whaley Bridge panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the mortgage company to find out which solicitors in Whaley Bridge are on their panel . If you do find such a firm in Whaley Bridge not listed please direct them to our site to list. After all the cost is only one £1 a month