Does a directory service exist listing Virgin Money panel conveyancers in Yeovil on the Building Society Association’s Website?
Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association sites. A small selection of lending institutions make their panel listings open the public over the internet. If you are in need of a Yeovil solicitor on the Virgin Money please use our facility.
We are getting the release of further monies on our home loan from Barclays as we intend to carry out a loft conversion to our home in Yeovil. Do we need to choose a nearby Yeovil solicitor on the Barclays conveyancing panel to handle the paperwork?
Barclays do not ordinarily instruct a member of their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Barclays list.
I was told four weeks ago that my mortgage has been agreed to by Santander. Is it usual for Santander to only issue the offer once my solicitor in Yeovil is approved on their conveyancing panel? Santander have asked my solicitor to see a copy of their PI Insurance.
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 Santander to deal with your lawyer's application to be on the Santander conveyancing panel. There's no guarantee that your solicitor will be accepted.
Various internet forums that I have come across warn that are the number one reason for obstruction in Yeovil conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not feature within the most frequent causes of delays during the legal transfer of property. Local searches are unlikely to feature in any holding up conveyancing in Yeovil.
Just bought a semi-detached house in Yeovil , how long will it take for the Land Registry to register my proprietorship? My Yeovil conveyancing solicitor works at snail pace, so I want to check that my name is registered.
There is nothing unique when it comes to conveyancing in Yeovil registration formalities. Rather than based on location, timescales can vary depending on who lodges the application, whether there are errors and whether the Land registry need to notify any 3rd persons or bodies. Currently in the region of three quarters of submission are completed within 12 days but occasionally there can be extensive delays. Historically registration takes place after the buyer has moved in to the premises therefore 'speed' is not typically primary concern yet where there is a degree of urgency associated with the registration then you or your conveyancer can speak with the land registry and explain the circumstances.
I opted to have a survey carried out on a house in Yeovil in advance of instructing lawyers. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some lenders will refuse to issue a mortgage on a flying freehold home.
It depends who your proposed lender is. Santander has different requirements for example to Birmingham Midshires. If you contact us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Yeovil. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm remortgaging my current house to a BTL mortgage with Skipton Building Society and I will use the ballance of the raised equity towards another house. The neighborhood we are interested in is Yeovil. Will your solicitors be able to act for the two mortgage companies and tie in the conveyances?
Do use our search tool on this site to be sure that the lawyers are approved by both mortgage companies. On the basis that they are your solicitor should be able to simultaneously deal with the two deals but you should have a chat with you conveyancer and make apparent your desired outcome and requirements.
My husband and I are first time buyers - had an offer accepted, but the estate agent advised that the owners will only proceed if we use their recommended lawyers as they need a ‘quick sale’. My instinct tells me that we should use a high street conveyancer accustomed to conveyancing in Yeovil
It is highly unlikely the owners are behind this. If they desire ‘a quick sale', turning down a motivated purchaser is counter productive. Speak to the owners direct and make the point that (a)you are motivated purchasers (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)however you are going to instruct your own,trusted Yeovil conveyancing solicitors - as opposed tothe ones that will give their negotiator at the agency a commission or achieve conveyancing thresholds demanded by head office.