My husband and I are planning to purchase a 3 bedroom flat in Aylesbury with a mortgage. We have a Aylesbury solicitor, but the lender advise he's not on their "panel". We have to appoint one of the mortgage company panel solicitors or keep our Aylesbury conveyancing practitioner and pay for one of their panel firms to act for them. We regard this is unjust; is there anything we can do?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the bank’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. Another option that might be available is for your Aylesbury conveyancing lawyer to apply to be on the conveyancing panel.
Is it necessary during the course of the conveyancing process to have a meeting at the offices of the solicitor to sign the legal charge? If so, I will choose one who does conveyancing in Aylesbury so that I can attend their offices if required.
These days approved lawyers for mortgage companies conduct their work through Royal Mail, e-mail or over the phone. This means that they can undertake the legal work for your home move regardless of where you live in the country. However you should check if you can still book an appointment to visit conveyancing lawyer if needed.
We previously selected conveyancing lawyers locally in Aylesbury on the Nottingham solicitor approved list. They have just invoiced me a separate charge for dealing with the Nottingham mortgage. Is this an additional conveyancing fee set by Nottingham?
As unfair as it may seem, as long as it’s in their Terms of Engagement or Quote then yes your solicitor can levy a fee for this. This fee is not dictated by Nottingham but by your Aylesbury conveyancing practitioner. Plenty of firms on the Nottingham panel will quote ’dealing with mortgage’ fee and others do not.
My husband and I have arranged a further advance on our mortgage from Kent Reliance as we wish to carry out alterations to our property in Aylesbury. Do we need to select a bricks and mortar Aylesbury solicitor on the Kent Reliance conveyancing panel to handle the legals?
Kent Reliance don't usually require firms on their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Kent Reliance panel.
My fiancee and I are in the process of viewing apartments in Aylesbury and I am about to put in an offer. Is it premature to have a solicitor in place? I intend to finance via a home loan with Co-operative.
It would be advisable to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the EA. Given that you are seeking a mortgage with Co-operative, ask your prospective lawyers if they are on the Co-operative conveyancing panel otherwise they can't do the mortgage legal work.
Is it possible to swap conveyancer as I need to instruct one who is on the Nationwide Building Society conveyancing panel. I instructed a family conveyancing solicitor in Aylesbury five minutes from me but she is not approved by Nationwide Building Society
It would be our pleasure to assist you select a conveyancing solicitor in Aylesbury on the Nationwide Building Society panel. Please note that the law firms that we work with do not pay us commission if you instruct them and are authorised and regulated by the SRA who oversee all conveyancing solicitors in Aylesbury. Using search facility on this page, you can scrutinise fees for conveyancing solicitors in Aylesbury and throughout England and Wales.
We're new to the buying process - had an offer accepted, yet the selling agent told us that the seller will only proceed if we appoint their recommended conveyancers as they want an ‘expedited deal’. Our preferred option is to instruct a local conveyancer with experience of conveyancing in Aylesbury
We suspect that the owner is unaware of this request. If they desire ‘a quick sale', alienating a motivated purchaser is going to damage their objectives. Speak to the vendors direct and make the point that (a)you are serious buyers (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)but you will continue to instruct your own,trusted Aylesbury conveyancing solicitors - rather thanthose that will give their estate agent a commission or achieve conveyancing figures set by head office.