Me and my partner are buying a 1 bedroom flat in Mold with a mortgage. We would like to retain our Mold solicitor, but the lender advise she’s not on their "panel". It seems we have little choice but to instruct one of the lender panel firms or retain our Mold conveyancing practitioner as well as pay for one of their panel lawyers to represent them. This seems very unfair; is there anything we can do?
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 Mold conveyancing solicitor to apply to be on the conveyancing panel.
Can your site be used to locate a Conveyancing solicitor in Mold even if I’m not buying or disposing of a house, for instance where I wish to acquire an office in Mold with a loan from Lloyds TSB Bank?
Our search tool is predominantly utilised to help choose residential conveyancing solicitors in Mold but we have set out towards the bottom of this page some Mold commercial conveyancing firms. You will need to enquire with the firm directly to see if they can also act for Lloyds TSB Bank
What is your number one tip for finding a conveyancing solicitor in Mold
We would encourage you not to go for the lowest Mold conveyancing quote. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
is it true that all Mold solicitor firms on the Santander conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Santander conveyancing panel they would need to be governed by the Solicitors Regulatory Authority. Many lenders do list licenced conveyancers on their panel in which case such organisation would be governed by the Council of Licensed Conveyancers.
About to purchase apartment in Mold. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Kent Reliance 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 Mold property lawyer is on the Kent Reliance conveyancing panel.
Due to the advice of my in-laws I had a survey completed on a property in Mold before retaining lawyers. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some mortgage companies will not give a loan on this type of house.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Mold. Conveyancing will be smoother if you use a solicitor in Mold especially if they regularly deal with such properties in Mold.
What can I do where I am not happy with the lawyer who conducted my conveyancing in Mold?
Occasionally the level of service you receive is not as you expect, and is is a fact of life that occasionally things do go wrong. However there is recourse where you were not happy with your conveyancing in Mold. This varies from trying to resolve matters directly with them, through to reporting a lawyer to their regulator. If things still aren’t resolved you may consider getting in touch with the Legal Ombudsman.